Onix Solar Energy (NSE:ONIXSOLAR) EBIT: ₹409 Mil (TTM As of Mar. 2026)

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NSE:ONIXSOLAR Onix Solar Energy Ltd NSE:ONIXSOLAR
36 GF Score
Price ₹305.90
! 6 Warning Signs
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What is Onix Solar Energy EBIT?

Onix Solar Energy NSE:ONIXSOLAR -4.99% 36 EBIT is ₹409 Mil as of Mar. 2026. GuruFocus rates NSE:ONIXSOLAR with a GF Score™ of 36/100. The stock has 6 warning signs investors should review.

Onix Solar Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹257 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹409 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Onix Solar Energy's annualized ROC % for the quarter that ended in Mar. 2026 was 12.89%. Onix Solar Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Onix Solar Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.64%.


Onix Solar Energy  (NSE:ONIXSOLAR) EBIT Explanation

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

Onix Solar Energy'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 )
=1016.76 * ( 1 - 0% )/( (0 + 7885.237)/ 1 )
=1016.76/7885.237
=12.89 %

where

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))
=8054.431 - 150.305 - ( 18.889 - max(0, 212.013 - 8040.233+18.889))
=7885.237

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

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

Onix Solar Energy'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 )
=1028.6/( ( (0 + max(0, 0)) + (0 + max(7594.191, 0)) )/ 1 )
=1028.6/( ( 0 + 7594.191 )/ 1 )
=1028.6/7594.191
=13.54 %

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)
=(955.763 + 645.235 + 6205.206) - (150.305 + 0 + 61.708)
=7594.191

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:

Onix Solar Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=409.484/11259.010
=3.64 %

* 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.


Onix Solar Energy EBIT Related Terms


Onix Solar Energy EBIT Historical Data

* Premium members only.

The historical data trend for Onix Solar Energy'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.

Onix Solar Energy EBIT Chart

Onix Solar Energy 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 3.81 23.74 2.67 15.23 403.06

Onix Solar Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.06 13.51 -4.90 143.73 257.15

NSE:ONIXSOLAR vs : EBIT Comparison

For the Solar subindustry, Onix Solar Energy'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.


Onix Solar Energy EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Onix Solar Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Onix Solar Energy's EV-to-EBIT falls into.


NSE:ONIXSOLAR
36GF Score
Onix Solar Energy Ltd NSE:ONIXSOLAR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Onix Solar Energy 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 ₹409 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 ₹409 Mil mean?
Onix Solar Energy (NSE:ONIXSOLAR) has a EBIT of ₹409 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Onix Solar Energy.
Is Onix Solar Energy's EBIT too high?
Onix Solar Energy's current EBIT is ₹409 Mil. Overall, Onix Solar Energy has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Onix Solar Energy's EBIT compare to ?
Onix Solar Energy's EBIT of ₹409 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 Onix Solar Energy. Onix Solar Energy's current EBIT is ₹409 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onix Solar Energy stock overvalued right now?
Onix Solar Energy (NSE:ONIXSOLAR) has a current EBIT of ₹409 Mil. The current EBIT is ₹409 Mil. Onix Solar Energy's overall GF Score™ is 36/100 with 6 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 Onix Solar Energy (NSE:ONIXSOLAR), the current EBIT is ₹409 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.

Onix Solar Energy Business Description

Comparable Companies
Other Exchanges 513119:India
Address Andheri Kurla Road, Office No. A-204, 2nd Floor, Rustomjee Central Park, Builtup 1140 Squere Feet, Chakalaandheri East, Andheri East, Mumbai, MH, IND, 400069
Onix Solar Energy Ltd is engaged in the manufacturing of solar panels, delivering high-quality and efficient products to support the renewable energy sector. The company also undertakes the trading of solar modules, ensuring a complete supply chain solution for solar energy products. The company mainly operates in a single segment, i.e., trading in solar panels and other solar-related goods.
36GF 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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