Manglam Infra and Engineering (NSE:MIEL) EBIT: ₹47.0 Mil (TTM As of Mar. 2026)

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NSE:MIEL Manglam Infra and Engineering Ltd NSE:MIEL
21 GF Score
Price ₹12.75
! 7 Warning Signs
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What is Manglam Infra and Engineering EBIT?

Manglam Infra and Engineering NSE:MIEL 21 EBIT is ₹47.0 Mil as of Mar. 2026. GuruFocus rates NSE:MIEL with a GF Score™ of 21/100. The stock has 7 warning signs investors should review.

Manglam Infra and Engineering's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹24.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹47.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manglam Infra and Engineering's annualized ROC % for the quarter that ended in Mar. 2026 was 5.63%. Manglam Infra and Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Manglam Infra and Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.17%.

Manglam Infra and Engineering  (NSE:MIEL) EBIT Explanation

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

Manglam Infra and Engineering'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 )
=38.022 * ( 1 - 29.07% )/( (467.118 + 491.684)/ 2 )
=26.9690046/479.401
=5.63 %

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))
=569.06 - 15.575 - ( 86.367 - max(0, 88.664 - 388.457+86.367))
=467.118

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))
=617.748 - 48.487 - ( 77.577 - max(0, 124.472 - 462.405+77.577))
=491.684

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:

Manglam Infra and Engineering'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 )
=48.898/( ( (95.942 + max(228.842, 0)) + (92.268 + max(254.681, 0)) )/ 2 )
=48.898/( ( 324.784 + 346.949 )/ 2 )
=48.898/335.8665
=14.56 %

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)
=(214.892 + 0 + 84.25) - (15.575 + 0 + 54.725)
=228.842

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(278.803 + 0 + 82.747) - (48.487 + 0 + 58.382)
=254.681

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:

Manglam Infra and Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=46.965/172.866
=27.17 %

* 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.

Manglam Infra and Engineering EBIT Related Terms

Manglam Infra and Engineering EBIT Historical Data

* Premium members only.

The historical data trend for Manglam Infra and Engineering'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.

Manglam Infra and Engineering EBIT Chart

Manglam Infra and Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
51.97 82.67 91.83 45.22 47.68

Manglam Infra and Engineering Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial 0.00 42.75 2.47 22.52 24.45

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

For the Engineering & Construction subindustry, Manglam Infra and Engineering'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.

Manglam Infra and Engineering EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Manglam Infra and Engineering's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Manglam Infra and Engineering's EV-to-EBIT falls into.


NSE:MIEL
21GF Score
Manglam Infra and Engineering Ltd NSE:MIEL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Manglam Infra and Engineering 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 ₹47.0 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 ₹47.0 Mil mean?
Manglam Infra and Engineering (NSE:MIEL) has a EBIT of ₹47.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Manglam Infra and Engineering.
Is Manglam Infra and Engineering's EBIT too high?
Manglam Infra and Engineering's current EBIT is ₹47.0 Mil. Overall, Manglam Infra and Engineering has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Manglam Infra and Engineering's EBIT compare to PWR and FIX?
Manglam Infra and Engineering's EBIT of ₹47.0 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 Manglam Infra and Engineering. Manglam Infra and Engineering's current EBIT is ₹47.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manglam Infra and Engineering stock overvalued right now?
Manglam Infra and Engineering (NSE:MIEL) has a current EBIT of ₹47.0 Mil. The current EBIT is ₹47.0 Mil. Manglam Infra and Engineering's overall GF Score™ is 21/100 with 7 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 Manglam Infra and Engineering (NSE:MIEL), the current EBIT is ₹47.0 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.

Manglam Infra and Engineering Business Description

Address Hoshangabad Road, 115 & 116, Ganesh Nagar, Bhopal, MP, IND, 462026
Manglam Infra and Engineering Ltd is an infrastructure consultancy company. It is providing project management consultancy services, which include detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It caters to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana, and the central government.
21GF Score

Get the complete analysis for NSE:MIEL

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

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