Manav infra projects (NSE:MANAV) EBIT: ₹55.2 Mil (TTM As of Mar. 2026)


NSE:MANAV Manav infra projects Ltd NSE:MANAV
71 GF Score
Price ₹36.55
GF Value ₹28.55
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Manav infra projects EBIT?

Manav infra projects NSE:MANAV -4.94% 71 EBIT is ₹55.2 Mil as of Mar. 2026. GuruFocus rates NSE:MANAV with a GF Score™ of 71/100 and a GF Value™ of ₹28.55 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Manav infra projects's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹55.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹55.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manav infra projects's annualized ROC % for the quarter that ended in Mar. 2026 was 33.14%. Manav infra projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 73.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Manav infra projects's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.29%.

Manav infra projects  (NSE:MANAV) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Manav infra projects's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=52.356 * ( 1 - 12.9% )/( (90.713 + 184.48)/ 2 )
=45.602076/137.5965
=33.14 %

where

Invested Capital(Q: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=216.35 - 56.857 - ( 69.831 - max(0, 77.892 - 146.672+69.831))
=90.713

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=239.852 - 54.032 - ( 1.34 - max(0, 75.361 - 135.574+1.34))
=184.48

Note: The Operating Income data used here is one times the annual (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Manav infra projects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=55.223/( ( (33.313 + max(3.063, 0)) + (65.874 + max(47.549, 0)) )/ 2 )
=55.223/( ( 36.376 + 113.423 )/ 2 )
=55.223/74.8995
=73.73 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.441 + 0 + 4.955) - (56.857 + 0 + 5.476)
=3.063

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(109.049 + 0 + 0.0080000000000098) - (54.032 + 0 + 7.476)
=47.549

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Manav infra projects's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=55.223/536.703
=10.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Manav infra projects EBIT Related Terms

Manav infra projects EBIT Historical Data

* Premium members only.

The historical data trend for Manav infra projects's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Manav infra projects EBIT Chart

Manav infra projects Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.06 21.53 27.44 46.35 55.22

Manav infra projects Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.06 21.53 27.44 46.35 55.22

NSE:MANAV vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Manav infra projects's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Manav infra projects EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Manav infra projects's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Manav infra projects's EV-to-EBIT falls into.


NSE:MANAV
71GF Score
Manav infra projects Ltd NSE:MANAV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Manav infra projects EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹55.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹55.2 Mil mean?
Manav infra projects (NSE:MANAV) has a EBIT of ₹55.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Manav infra projects.
Is Manav infra projects' EBIT too high?
Manav infra projects' current EBIT is ₹55.2 Mil. Overall, Manav infra projects has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manav infra projects' EBIT compare to PWR and FIX?
Manav infra projects' EBIT of ₹55.2 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Manav infra projects. Manav infra projects's current EBIT is ₹55.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manav infra projects stock overvalued right now?
Based on GuruFocus' analysis, Manav infra projects (NSE:MANAV) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹28.55, compared to a current price of ₹36.55 — trading 28% above its estimated fair value. The current EBIT is ₹55.2 Mil. Manav infra projects' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Manav infra projects (NSE:MANAV), the current EBIT is ₹55.2 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Manav infra projects (NSE:MANAV) Overvalued in 2026?

Based on GuruFocus' analysis, Manav infra projects stock appears to be overvalued. The current stock price of ₹36.55 is trading 28% above its estimated GF Value™ of ₹28.55. GuruFocus considers Manav infra projects to be Modestly Overvalued.

Key valuation signals for NSE:MANAV:

  • EBIT: ₹55.2 Mil
  • GF Value™: ₹28.55 vs. price of ₹36.55 (28% above fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the NSE:MANAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Manav infra projects Business Description

Address Akurli Road, 226, Gundecha Industrial - Complex, Near Growels Mall, Kandivali (East), Mumbai, MH, IND, 400101
Manav infra projects Ltd is s engaged in infrastructure Development, Infrastructure projects, works Contracts, Site preparation and Clearance services to Real estate sector. It involves civil construction services such as piling, excavation, road construction, land leveling. It also provides earth moving machines and construction equipment on rent for infrastructure and construction-related work. Some of the company's projects include Sevens Sagbag, Aroha, HDIL Commercial Basement Work and others.
71GF Score

Get the complete analysis for NSE:MANAV

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹36.55
Price
₹28.55
GF Value