Thinking Hats Entertainment Solutions (NSE:THESL) EBIT: ₹24.0 Mil (TTM As of Mar. 2026)


NSE:THESL Thinking Hats Entertainment Solutions Ltd NSE:THESL
16 GF Score
Price ₹13.00
! 6 Warning Signs
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What is Thinking Hats Entertainment Solutions EBIT?

Thinking Hats Entertainment Solutions NSE:THESL 16 EBIT is ₹24.0 Mil as of Mar. 2026. GuruFocus rates NSE:THESL with a GF Score™ of 16/100. The stock has 6 warning signs investors should review.

Thinking Hats Entertainment Solutions's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹10.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹24.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thinking Hats Entertainment Solutions's annualized ROC % for the quarter that ended in Mar. 2026 was 2.98%. Thinking Hats Entertainment Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 36.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thinking Hats Entertainment Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.68%.

Thinking Hats Entertainment Solutions  (NSE:THESL) EBIT Explanation

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

Thinking Hats Entertainment Solutions'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 )
=13.416 * ( 1 - 18.08% )/( (356.059 + 381.473)/ 2 )
=10.9903872/368.766
=2.98 %

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))
=458.736 - 25.811 - ( 78.358 - max(0, 140.895 - 217.761+78.358))
=356.059

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))
=476.467 - 30.885 - ( 64.765 - max(0, 162.231 - 226.34+64.765))
=381.473

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:

Thinking Hats Entertainment Solutions'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 )
=20.932/( ( (19.238 + max(23.254, 0)) + (18.592 + max(54.784, 0)) )/ 2 )
=20.932/( ( 42.492 + 73.376 )/ 2 )
=20.932/57.934
=36.13 %

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)
=(62.62 + 0 + 23.551) - (25.811 + 0 + 37.106)
=23.254

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(115.861 + 0 + 13.436) - (30.885 + 0 + 43.628)
=54.784

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:

Thinking Hats Entertainment Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=24.037/205.773
=11.68 %

* 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.

Thinking Hats Entertainment Solutions EBIT Related Terms

Thinking Hats Entertainment Solutions EBIT Historical Data

* Premium members only.

The historical data trend for Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions EBIT Chart

Thinking Hats Entertainment Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
4.81 29.00 48.53 57.66 24.04

Thinking Hats Entertainment Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial 0.00 39.72 39.72 13.57 10.47

NSE:THESL vs APP, OMC, TTD: EBIT Comparison

For the Advertising Agencies subindustry, Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thinking Hats Entertainment Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thinking Hats Entertainment Solutions's EV-to-EBIT falls into.


NSE:THESL
16GF Score
Thinking Hats Entertainment Solutions Ltd NSE:THESL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinking Hats Entertainment Solutions 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 ₹24.0 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 ₹24.0 Mil mean?
Thinking Hats Entertainment Solutions (NSE:THESL) has a EBIT of ₹24.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thinking Hats Entertainment Solutions.
Is Thinking Hats Entertainment Solutions' EBIT too high?
Thinking Hats Entertainment Solutions' current EBIT is ₹24.0 Mil. Overall, Thinking Hats Entertainment Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Thinking Hats Entertainment Solutions' EBIT compare to APP and OMC?
Thinking Hats Entertainment Solutions' EBIT of ₹24.0 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good EBIT depends on the Media - Diversified 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 Thinking Hats Entertainment Solutions. Thinking Hats Entertainment Solutions's current EBIT is ₹24.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Hats Entertainment Solutions stock overvalued right now?
Thinking Hats Entertainment Solutions (NSE:THESL) has a current EBIT of ₹24.0 Mil. The current EBIT is ₹24.0 Mil. Thinking Hats Entertainment Solutions' overall GF Score™ is 16/100 with 6 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 Thinking Hats Entertainment Solutions (NSE:THESL), the current EBIT is ₹24.0 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.

Thinking Hats Entertainment Solutions Business Description

Address 5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301
Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.
16GF 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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