Surani Steel Tubes (NSE:SURANI) EBIT: ₹14.0 Mil (TTM As of Mar. 2026)


NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
52 GF Score
Price ₹106.00
GF Value ₹71.24
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surani Steel Tubes EBIT?

Surani Steel Tubes NSE:SURANI -0.93% 52 EBIT is ₹14.0 Mil as of Mar. 2026. GuruFocus rates NSE:SURANI with a GF Score™ of 52/100 and a GF Value™ of ₹71.24 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Surani Steel Tubes's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹-13.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹14.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Surani Steel Tubes's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%. Surani Steel Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -5.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Surani Steel Tubes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.95%.


Surani Steel Tubes  (NSE:SURANI) EBIT Explanation

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

Surani Steel Tubes'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 )
=-25.944 * ( 1 - 100% )/( (1054.667 + 1079.364)/ 2 )
=-0/1067.0155
=0.00 %

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))
=1249.773 - 4.534 - ( 190.572 - max(0, 7.768 - 1126.436+190.572))
=1054.667

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))
=2505.927 - 1251.176 - ( 175.387 - max(0, 1258.209 - 2382.718+175.387))
=1079.364

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:

Surani Steel Tubes'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 )
=-25.944/( ( (122.895 + max(216.207, 0)) + (118.812 + max(545.17, 0)) )/ 2 )
=-25.944/( ( 339.102 + 663.982 )/ 2 )
=-25.944/501.542
=-5.17 %

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)
=(13.993 + 156.975 + 53.007) - (4.534 + 0 + 3.234)
=216.207

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.03 + 1433.781 + 339.568) - (1251.176 + 0 + 7.0330000000001)
=545.17

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:

Surani Steel Tubes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=14.023/1472.705
=0.95 %

* 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.


Surani Steel Tubes EBIT Related Terms


Surani Steel Tubes EBIT Historical Data

* Premium members only.

The historical data trend for Surani Steel Tubes'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.

Surani Steel Tubes EBIT Chart

Surani Steel Tubes 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 35.00 -4.82 6.60 1.83 30.43

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 17.37 13.10 -11.27 27.00 -12.97

NSE:SURANI vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Surani Steel Tubes'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.


Surani Steel Tubes EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Surani Steel Tubes's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Surani Steel Tubes's EV-to-EBIT falls into.


NSE:SURANI
52GF Score
Surani Steel Tubes Ltd NSE:SURANI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Surani Steel Tubes 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 ₹14.0 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 ₹14.0 Mil mean?
Surani Steel Tubes (NSE:SURANI) has a EBIT of ₹14.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Surani Steel Tubes.
Is Surani Steel Tubes' EBIT too high?
Surani Steel Tubes' current EBIT is ₹14.0 Mil. Overall, Surani Steel Tubes has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' EBIT compare to NUE and STLD?
Surani Steel Tubes' EBIT of ₹14.0 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Surani Steel Tubes. Surani Steel Tubes's current EBIT is ₹14.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹71.24, compared to a current price of ₹106.00 — trading 48.8% above its estimated fair value. The current EBIT is ₹14.0 Mil. Surani Steel Tubes' overall GF Score™ is 52/100 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 Surani Steel Tubes (NSE:SURANI), the current EBIT is ₹14.0 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.

Is Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?

Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued. The current stock price of ₹106.00 is trading 48.8% above its estimated GF Value™ of ₹71.24. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • EBIT: ₹14.0 Mil
  • GF Value™: ₹71.24 vs. price of ₹106.00 (48.8% above fair value)
  • GF Score™: 52/100 with 4 warning signs

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


Surani Steel Tubes Business Description

Address Bayad Road, Sr. No. 110, 115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
52GF Score

Get the complete analysis for NSE:SURANI

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

₹106.00
Price
₹71.24
GF Value