Thejo Engineering (NSE:THEJO) EBIT: ₹720 Mil (TTM As of Mar. 2026)

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NSE:THEJO Thejo Engineering Ltd NSE:THEJO
89 GF Score
Price ₹1,902.60
GF Value ₹2,261.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Thejo Engineering EBIT?

Thejo Engineering NSE:THEJO +1.95% 89 EBIT is ₹720 Mil as of Mar. 2026. GuruFocus rates NSE:THEJO with a GF Score™ of 89/100 and a GF Value™ of ₹2,261.70 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Thejo Engineering's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹231 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹720 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thejo Engineering's annualized ROC % for the quarter that ended in Mar. 2026 was 14.84%. Thejo Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thejo Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.51%.

Thejo Engineering  (NSE:THEJO) EBIT Explanation

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

Thejo Engineering'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 )
=788.612 * ( 1 - 23.46% )/( (0 + 4067.685)/ 1 )
=603.6036248/4067.685
=14.84 %

where

Invested Capital(Q: Dec. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=5486.884 - 618.403 - ( 800.796 - max(0, 1329.022 - 3594.182+800.796))
=4067.685

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

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

Thejo Engineering'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 )
=923.108/( ( (0 + max(0, 0)) + (1640.446 + max(1535.049, 0)) )/ 1 )
=923.108/( ( 0 + 3175.495 )/ 1 )
=923.108/3175.495
=29.07 %

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)
=(1733.752 + 799 + 260.634) - (618.403 + 0 + 639.934)
=1535.049

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:

Thejo Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=719.834/20488.298
=3.51 %

* 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.

Thejo Engineering EBIT Related Terms

Thejo Engineering EBIT Historical Data

* Premium members only.

The historical data trend for Thejo Engineering'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.

Thejo Engineering EBIT Chart

Thejo Engineering 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 578.60 486.32 812.72 733.95 719.83

Thejo Engineering Quarterly Data
Sep20 Mar21 Sep21 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 233.99 147.61 210.85 130.60 230.78

NSE:THEJO vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Thejo Engineering'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.

Thejo Engineering EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thejo Engineering's EV-to-EBIT distribution charts can be found below:

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


NSE:THEJO
89GF Score
Thejo Engineering Ltd NSE:THEJO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thejo Engineering 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 ₹720 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 ₹720 Mil mean?
Thejo Engineering (NSE:THEJO) has a EBIT of ₹720 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thejo Engineering.
Is Thejo Engineering's EBIT too high?
Thejo Engineering's current EBIT is ₹720 Mil. Overall, Thejo Engineering has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thejo Engineering's EBIT compare to GEV and ETN?
Thejo Engineering's EBIT of ₹720 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good EBIT depends on the Industrial Products 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 Thejo Engineering. Thejo Engineering's current EBIT is ₹720 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thejo Engineering stock overvalued right now?
Based on GuruFocus' analysis, Thejo Engineering (NSE:THEJO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,261.70, compared to a current price of ₹1,902.60 — trading 15.9% below its estimated fair value. The current EBIT is ₹720 Mil. Thejo Engineering's overall GF Score™ is 89/100 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 Thejo Engineering (NSE:THEJO), the current EBIT is ₹720 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 Thejo Engineering (NSE:THEJO) Overvalued in 2026?

Based on GuruFocus' analysis, Thejo Engineering stock appears to be undervalued. The current stock price of ₹1,902.60 is trading 15.9% below its estimated GF Value™ of ₹2,261.70. GuruFocus considers Thejo Engineering to be Modestly Undervalued.

Key valuation signals for NSE:THEJO:

  • EBIT: ₹720 Mil
  • GF Value™: ₹2,261.70 vs. price of ₹1,902.60 (15.9% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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

Thejo Engineering Business Description

Address No. 41, Cathedral Road, 3rd Floor, VDS House, Chennai, TN, IND, 600 086
Thejo Engineering Ltd is an India-based company. It is an engineering solutions provider for Bulk Material Handling, Mineral Processing, and Corrosion Protection. The company's operating segment includes Manufacturing units, Service Units, and Others. It generates maximum revenue from the Service units segment. The company serves a sector like mining, power, steel, metals, cement, ports, and fertilizers. Geographically, it derives a majority of revenue from India. Its product categories include conveyor care, dust suppression, transfer point solutions, flow promotion, abrasion and wear protection, filtration, screening solution, and others.
89GF Score

Get the complete analysis for NSE:THEJO

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

₹1,902.60
Price
₹2,261.70
GF Value