MCON Rasayan India (NSE:MCON) EBIT: ₹59.2 Mil (TTM As of Mar. 2026)


NSE:MCON MCON Rasayan India Ltd NSE:MCON
68 GF Score
Price ₹46.00
GF Value ₹181.57
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is MCON Rasayan India EBIT?

MCON Rasayan India NSE:MCON -2.13% 68 EBIT is ₹59.2 Mil as of Mar. 2026. GuruFocus rates NSE:MCON with a GF Score™ of 68/100 and a GF Value™ of ₹181.57 (Significantly Undervalued). The stock has 5 warning signs investors should review.

MCON Rasayan India's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹35.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹59.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MCON Rasayan India's annualized ROC % for the quarter that ended in Mar. 2026 was 8.73%. MCON Rasayan India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MCON Rasayan India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.52%.

MCON Rasayan India  (NSE:MCON) EBIT Explanation

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

MCON Rasayan India'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=68.372 * ( 1 - 27.29% )/( (563.029 + 575.836)/ 2 )
=49.7132812/569.4325
=8.73 %

where

Invested Capital(Q: Sep. 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))
=706.097 - 141.761 - ( 1.307 - max(0, 308.414 - 547.963+1.307))
=563.029

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))
=767.236 - 186.633 - ( 4.767 - max(0, 359.374 - 607.168+4.767))
=575.836

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

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

MCON Rasayan India'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=69.924/( ( (148.321 + max(371.524, 0)) + (153.2 + max(373.615, 0)) )/ 2 )
=69.924/( ( 519.845 + 526.815 )/ 2 )
=69.924/523.33
=13.36 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(251.735 + 287.096 + 1.4189999999999) - (141.761 + 0 + 26.965)
=371.524

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(294.818 + 299.231 + 1.908) - (186.633 + 0 + 35.709)
=373.615

When net working capital is negative, 0 is used.

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

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

MCON Rasayan India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=59.223/514.111
=11.52 %

* 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.

MCON Rasayan India EBIT Related Terms

MCON Rasayan India EBIT Historical Data

* Premium members only.

The historical data trend for MCON Rasayan India'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.

MCON Rasayan India EBIT Chart

MCON Rasayan India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 10.34 21.33 42.91 46.89 59.22

MCON Rasayan India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 23.74 25.93 20.96 24.26 34.96

NSE:MCON vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, MCON Rasayan India'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.

MCON Rasayan India EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, MCON Rasayan India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MCON Rasayan India's EV-to-EBIT falls into.


NSE:MCON
68GF Score
MCON Rasayan India Ltd NSE:MCON
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCON Rasayan India 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.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹59.2 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 ₹59.2 Mil mean?
MCON Rasayan India (NSE:MCON) has a EBIT of ₹59.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MCON Rasayan India.
Is MCON Rasayan India's EBIT too high?
MCON Rasayan India's current EBIT is ₹59.2 Mil. Overall, MCON Rasayan India has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MCON Rasayan India's EBIT compare to LIN and SHW?
MCON Rasayan India's EBIT of ₹59.2 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 MCON Rasayan India. MCON Rasayan India's current EBIT is ₹59.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCON Rasayan India stock overvalued right now?
Based on GuruFocus' analysis, MCON Rasayan India (NSE:MCON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹181.57, compared to a current price of ₹46.00 — trading 74.7% below its estimated fair value. The current EBIT is ₹59.2 Mil. MCON Rasayan India's overall GF Score™ is 68/100 with 5 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 MCON Rasayan India (NSE:MCON), the current EBIT is ₹59.2 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 MCON Rasayan India (NSE:MCON) Overvalued in 2026?

Based on GuruFocus' analysis, MCON Rasayan India stock appears to be undervalued. The current stock price of ₹46.00 is trading 74.7% below its estimated GF Value™ of ₹181.57. GuruFocus considers MCON Rasayan India to be Significantly Undervalued.

Key valuation signals for NSE:MCON:

  • EBIT: ₹59.2 Mil
  • GF Value™: ₹181.57 vs. price of ₹46.00 (74.7% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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

MCON Rasayan India Business Description

Address Bandiwali Hill Road, Gala No. 6, Bardanwala Estate, Near Dutt Mandir, Jogeshwari West, Mumbai, MH, IND, 400102
MCON Rasayan India Ltd is engaged mainly in the business of manufacturing and selling modern building materials and construction chemicals. Its product offerings include waterproofing chemicals, wall finishes and paints (acrylic putty, distemper, emulsion, etc.), tile adhesives and grout, sealant, ready-mix mortar, protective coating chemicals, concrete repair and flooring chemicals, admixtures, etc.
68GF Score

Get the complete analysis for NSE:MCON

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

₹46.00
Price
₹181.57
GF Value