Mangal Electrical Industries (NSE:MEIL) EBIT: ₹607 Mil (TTM As of Mar. 2026)


NSE:MEIL Mangal Electrical Industries Ltd NSE:MEIL
19 GF Score
Price ₹306.30
! 4 Warning Signs
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What is Mangal Electrical Industries EBIT?

Mangal Electrical Industries NSE:MEIL +1.98% 19 EBIT is ₹607 Mil as of Mar. 2026. GuruFocus rates NSE:MEIL with a GF Score™ of 19/100. The stock has 4 warning signs investors should review.

Mangal Electrical Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹190 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹607 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mangal Electrical Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 8.40%. Mangal Electrical Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mangal Electrical Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.62%.

Mangal Electrical Industries  (NSE:MEIL) EBIT Explanation

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

Mangal Electrical Industries'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=640.796 * ( 1 - 25.91% )/( (0 + 5655.178)/ 1 )
=474.7657564/5655.178
=8.40 %

where

Invested Capital(Q: Dec. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=7070.532 - 463.233 - ( 952.121 - max(0, 1124.811 - 5607.897+952.121))
=5655.178

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

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

Mangal Electrical Industries'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=761.096/( ( (0 + max(0, 0)) + (785.393 + max(3965.143, 0)) )/ 1 )
=761.096/( ( 0 + 4750.536 )/ 1 )
=761.096/4750.536
=16.02 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2044.012 + 1920.474 + 691.29) - (463.233 + 0 + 227.4)
=3965.143

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Mangal Electrical Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=607.283/7965.292
=7.62 %

* 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.

Mangal Electrical Industries EBIT Related Terms

Mangal Electrical Industries EBIT Historical Data

* Premium members only.

The historical data trend for Mangal Electrical Industries'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.

Mangal Electrical Industries EBIT Chart

Mangal Electrical Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
228.78 426.65 394.54 788.87 697.40

Mangal Electrical Industries Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only 232.89 217.66 218.13 198.88 190.27

NSE:MEIL vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Mangal Electrical Industries'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.

Mangal Electrical Industries EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mangal Electrical Industries's EV-to-EBIT falls into.


NSE:MEIL
19GF Score
Mangal Electrical Industries Ltd NSE:MEIL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangal Electrical Industries 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 quarterly data reported by the company within the most recent 12 months, which was ₹607 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 ₹607 Mil mean?
Mangal Electrical Industries (NSE:MEIL) has a EBIT of ₹607 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mangal Electrical Industries.
Is Mangal Electrical Industries' EBIT too high?
Mangal Electrical Industries' current EBIT is ₹607 Mil. Overall, Mangal Electrical Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' EBIT compare to VRT and BE?
Mangal Electrical Industries' EBIT of ₹607 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 Mangal Electrical Industries. Mangal Electrical Industries's current EBIT is ₹607 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current EBIT of ₹607 Mil. The current EBIT is ₹607 Mil. Mangal Electrical Industries' overall GF Score™ is 19/100 with 4 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 Mangal Electrical Industries (NSE:MEIL), the current EBIT is ₹607 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.

Mangal Electrical Industries Business Description

Other Exchanges 544492:India
Address Road No. 1-C, C-61, C-61, A&B, V. K. I. Area, Jaipur, RJ, IND, 302 013
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
19GF Score

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

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