Smarten Power Systems (NSE:SMARTEN) EBIT: ₹128 Mil (TTM As of Mar. 2026)


NSE:SMARTEN Smarten Power Systems Ltd NSE:SMARTEN
18 GF Score
Price ₹59.40
! 3 Warning Signs
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What is Smarten Power Systems EBIT?

Smarten Power Systems NSE:SMARTEN -2.70% 18 EBIT is ₹128 Mil as of Mar. 2026. GuruFocus rates NSE:SMARTEN with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Smarten Power Systems's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹128 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹128 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Smarten Power Systems's annualized ROC % for the quarter that ended in Mar. 2026 was 11.80%. Smarten Power Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Smarten Power Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.08%.

Smarten Power Systems  (NSE:SMARTEN) EBIT Explanation

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

Smarten Power Systems'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: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=128.32 * ( 1 - 25.31% )/( (662.059 + 961.969)/ 2 )
=95.842208/812.014
=11.80 %

where

Invested Capital(Q: Mar. 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))
=972.353 - 277.082 - ( 33.212 - max(0, 554.174 - 857.371+33.212))
=662.059

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))
=1387.789 - 400.219 - ( 25.601 - max(0, 534.62 - 1113.711+25.601))
=961.969

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

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

Smarten Power Systems'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: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=128.32/( ( (112.475 + max(391.988, 0)) + (68.904 + max(587.975, 0)) )/ 2 )
=128.32/( ( 504.463 + 656.879 )/ 2 )
=128.32/580.671
=22.10 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(382.257 + 340.145 + 77.273) - (277.082 + 0 + 130.605)
=391.988

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(515.698 + 392.768 + 160.043) - (400.219 + 0 + 80.315)
=587.975

When net working capital is negative, 0 is used.

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

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

Smarten Power Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=128.32/1157.817
=11.08 %

* 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.

Smarten Power Systems EBIT Related Terms

Smarten Power Systems EBIT Historical Data

* Premium members only.

The historical data trend for Smarten Power Systems'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.

Smarten Power Systems EBIT Chart

Smarten Power Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
55.97 72.60 164.79 179.59 128.32

Smarten Power Systems Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
EBIT 55.97 72.60 164.79 179.59 128.32

NSE:SMARTEN vs FSLR, NXT, ENPH: EBIT Comparison

For the Solar subindustry, Smarten Power Systems'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.

Smarten Power Systems EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Smarten Power Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Smarten Power Systems's EV-to-EBIT falls into.


NSE:SMARTEN
18GF Score
Smarten Power Systems Ltd NSE:SMARTEN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Smarten Power Systems 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹128 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 ₹128 Mil mean?
Smarten Power Systems (NSE:SMARTEN) has a EBIT of ₹128 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Smarten Power Systems.
Is Smarten Power Systems' EBIT too high?
Smarten Power Systems' current EBIT is ₹128 Mil. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' EBIT compare to FSLR and NXT?
Smarten Power Systems' EBIT of ₹128 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 Smarten Power Systems. Smarten Power Systems's current EBIT is ₹128 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current EBIT of ₹128 Mil. The current EBIT is ₹128 Mil. Smarten Power Systems' overall GF Score™ is 18/100 with 3 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 Smarten Power Systems (NSE:SMARTEN), the current EBIT is ₹128 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.

Smarten Power Systems Business Description

Address Sector - 37, 374, 1st Floor Pace City-2, Gurgaon, HR, IND, 122001
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
18GF 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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