SPP Polymer (NSE:SPPPOLY) EBIT: ₹35 Mil (TTM As of Mar. 2025)


NSE:SPPPOLY SPP Polymer Ltd NSE:SPPPOLY
11 GF Score
Price ₹14.05
! 4 Warning Signs
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What is SPP Polymer EBIT?

SPP Polymer NSE:SPPPOLY +4.07% 11 EBIT is ₹35 Mil as of Mar. 2025. GuruFocus rates NSE:SPPPOLY with a GF Score™ of 11/100. The stock has 4 warning signs investors should review.

SPP Polymer's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2025 was ₹35 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2025 was ₹35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SPP Polymer's annualized ROC % for the quarter that ended in Mar. 2025 was 3.17%. SPP Polymer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 8.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SPP Polymer's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 12.04%.

SPP Polymer  (NSE:SPPPOLY) EBIT Explanation

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

SPP Polymer's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=28.827 * ( 1 - 42.52% )/( (448.764 + 596.582)/ 2 )
=16.5697596/522.673
=3.17 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=709.188 - 259.639 - ( 0.785 - max(0, 371.087 - 446.277+0.785))
=448.764

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))
=805.315 - 208.558 - ( 0.175 - max(0, 291.585 - 530.325+0.175))
=596.582

Note: The Operating Income data used here is one times the annual (Mar. 2025) data.

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

SPP Polymer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=35.295/( ( (244.557 + max(143.262, 0)) + (233.634 + max(259.635, 0)) )/ 2 )
=35.295/( ( 387.819 + 493.269 )/ 2 )
=35.295/440.544
=8.01 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(141.183 + 246.082 + 22.099) - (259.639 + 0 + 6.463)
=143.262

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(162.434 + 289.211 + 24.993) - (208.558 + 0 + 8.445)
=259.635

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2025) EBIT data.

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

SPP Polymer's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=35.295/293.267
=12.04 %

* 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.

SPP Polymer EBIT Related Terms

SPP Polymer EBIT Historical Data

* Premium members only.

The historical data trend for SPP Polymer'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.

SPP Polymer EBIT Chart

SPP Polymer Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
17.36 9.26 19.70 39.83 35.30

SPP Polymer Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
EBIT 17.36 9.26 19.70 39.83 35.30

NSE:SPPPOLY vs SW, PKG, IP: EBIT Comparison

For the Packaging & Containers subindustry, SPP Polymer'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.

SPP Polymer EV-to-EBIT vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SPP Polymer's EV-to-EBIT distribution charts can be found below:

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


NSE:SPPPOLY
11GF Score
SPP Polymer Ltd NSE:SPPPOLY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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SPP Polymer 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. 2025 was ₹35 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 ₹35 Mil mean?
SPP Polymer (NSE:SPPPOLY) has a EBIT of ₹35 Mil as of Mar. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SPP Polymer.
Is SPP Polymer's EBIT too high?
SPP Polymer's current EBIT is ₹35 Mil. Overall, SPP Polymer has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does SPP Polymer's EBIT compare to SW and PKG?
SPP Polymer's EBIT of ₹35 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good EBIT depends on the Packaging & Containers 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 SPP Polymer. SPP Polymer's current EBIT is ₹35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPP Polymer stock overvalued right now?
SPP Polymer (NSE:SPPPOLY) has a current EBIT of ₹35 Mil. The current EBIT is ₹35 Mil. SPP Polymer's overall GF Score™ is 11/100 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 SPP Polymer (NSE:SPPPOLY), the current EBIT is ₹35 Mil as of Mar. 2025. 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.

SPP Polymer Business Description

Address Plot No-04, Sector-01, IIE, SIIDCUL, Pantnagar, Udhamsingh Nagar, Rudrapur, UT, IND, 263153
SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.
11GF 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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