Page Industries (NSE:PAGEIND) EBIT: ₹10,751 Mil (TTM As of Mar. 2026)


NSE:PAGEIND Page Industries Ltd NSE:PAGEIND
94 GF Score
Price ₹41,370.00
GF Value ₹45,345.16
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Page Industries EBIT?

Page Industries NSE:PAGEIND +2.39% 94 EBIT is ₹10,751 Mil as of Mar. 2026. GuruFocus rates NSE:PAGEIND with a GF Score™ of 94/100 and a GF Value™ of ₹45,345.16 (Fairly Valued). The stock has 2 warning signs investors should review.

Page Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹2,497 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹10,751 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Page Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 33.31%. Page Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 78.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Page Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.33%.


Page Industries  (NSE:PAGEIND) EBIT Explanation

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

Page 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 )
=9300.608 * ( 1 - 24.84% )/( (0 + 20982.903)/ 1 )
=6990.3369728/20982.903
=33.31 %

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))
=28563.867 - 3252.354 - ( 4328.61 - max(0, 11078.246 - 19106.537+4328.61))
=20982.903

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

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

Page 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 )
=9987.272/( ( (0 + max(0, 0)) + (8695.284 + max(4091.059, 0)) )/ 1 )
=9987.272/( ( 0 + 12786.343 )/ 1 )
=9987.272/12786.343
=78.11 %

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)
=(2010.966 + 10556.596 + 2210.365) - (3252.354 + 0 + 7434.514)
=4091.059

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=10751.221/460853.470
=2.33 %

* 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.


Page Industries EBIT Related Terms


Page Industries EBIT Historical Data

* Premium members only.

The historical data trend for Page 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.

Page Industries EBIT Chart

Page Industries 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 7,409.68 7,993.85 8,013.93 10,249.58 10,751.22

Page Industries 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 2,305.08 2,828.74 2,735.80 2,689.86 2,496.82

NSE:PAGEIND vs RL, LEVI, VFC: EBIT Comparison

For the Apparel Manufacturing subindustry, Page 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.


Page Industries EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Page Industries's EV-to-EBIT distribution charts can be found below:

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


NSE:PAGEIND
94GF Score
Page Industries Ltd NSE:PAGEIND
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Page 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 ₹10,751 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 ₹10,751 Mil mean?
Page Industries (NSE:PAGEIND) has a EBIT of ₹10,751 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Page Industries.
Is Page Industries' EBIT too high?
Page Industries' current EBIT is ₹10,751 Mil. Overall, Page Industries has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Page Industries' EBIT compare to RL and LEVI?
Page Industries' EBIT of ₹10,751 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories 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 Page Industries. Page Industries's current EBIT is ₹10,751 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Page Industries stock overvalued right now?
Based on GuruFocus' analysis, Page Industries (NSE:PAGEIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹45,345.16, compared to a current price of ₹41,370.00 — trading 8.8% below its estimated fair value. The current EBIT is ₹10,751 Mil. Page Industries' overall GF Score™ is 94/100 with 2 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 Page Industries (NSE:PAGEIND), the current EBIT is ₹10,751 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 Page Industries (NSE:PAGEIND) Overvalued in 2026?

Based on GuruFocus' analysis, Page Industries stock appears to be undervalued. The current stock price of ₹41,370.00 is trading 8.8% below its estimated GF Value™ of ₹45,345.16. GuruFocus considers Page Industries to be Fairly Valued.

Key valuation signals for NSE:PAGEIND:

  • EBIT: ₹10,751 Mil
  • GF Value™: ₹45,345.16 vs. price of ₹41,370.00 (8.8% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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


Page Industries Business Description

Other Exchanges 532827:India
Address Outer Ring Road, Umiya Business Bay, 7th Floor, Tower-1, Cessna Business Park, Kadubeesanahalli, Varthur Hobli, Bengaluru, KA, IND, 560103
Page Industries Ltd is the exclusive licensee for the manufacture, marketing, and distribution of Jockey and Speedo-branded innerwear, swimwear, and other apparel in India. The company also has the rights to Jockey in Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates. Sales of innerwear and leisurewear products contribute a substantial amount to the company's revenue. Swimwear and other items make up the remaining revenue. The company sells its products through exclusive brand stores, some of which are run by franchisees, large-format stores, multibrand stores, and its e-commerce channel. The company's segments are; Innerwear and leisurewear which derives key revenue, and others. Geographically, the majority of the company's revenue is generated within India.
94GF Score

Get the complete analysis for NSE:PAGEIND

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

₹41,370.00
Price
₹45,345.16
GF Value