Tamil Nadu Newsprint & Papers (NSE:TNPL) EBIT: ₹2,438 Mil (TTM As of Mar. 2026)


NSE:TNPL Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
72 GF Score
Price ₹144.99
GF Value ₹183.13
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tamil Nadu Newsprint & Papers EBIT?

Tamil Nadu Newsprint & Papers NSE:TNPL -0.54% 72 EBIT is ₹2,438 Mil as of Mar. 2026. GuruFocus rates NSE:TNPL with a GF Score™ of 72/100 and a GF Value™ of ₹183.13 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Tamil Nadu Newsprint & Papers's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹826 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,438 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tamil Nadu Newsprint & Papers's annualized ROC % for the quarter that ended in Mar. 2026 was 4.51%. Tamil Nadu Newsprint & Papers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tamil Nadu Newsprint & Papers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.42%.


Tamil Nadu Newsprint & Papers  (NSE:TNPL) EBIT Explanation

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

Tamil Nadu Newsprint & Papers'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 )
=2496.4 * ( 1 - 0% )/( (0 + 55322.3)/ 1 )
=2496.4/55322.3
=4.51 %

where

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

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

Tamil Nadu Newsprint & Papers'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 )
=3305.6/( ( (0 + max(0, 0)) + (43521 + max(-957.4, 0)) )/ 1 )
=3305.6/( ( 0 + 43521 )/ 1 )
=3305.6/43521
=7.60 %

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)
=(6133.8 + 9723.5 + 1691.2) - (14877.2 + 0 + 3628.7)
=-957.4

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:

Tamil Nadu Newsprint & Papers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2437.7/25880.276
=9.42 %

* 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.


Tamil Nadu Newsprint & Papers EBIT Related Terms


Tamil Nadu Newsprint & Papers EBIT Historical Data

* Premium members only.

The historical data trend for Tamil Nadu Newsprint & Papers'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.

Tamil Nadu Newsprint & Papers EBIT Chart

Tamil Nadu Newsprint & Papers 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 1,642.51 7,589.56 5,155.00 2,214.30 2,437.60

Tamil Nadu Newsprint & Papers Quarterly Data
Jun21 Sep21 Dec21 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 832.20 365.90 629.50 615.90 826.40

Tamil Nadu Newsprint & Papers EBIT Competitor Comparison

For the Paper & Paper Products subindustry, Tamil Nadu Newsprint & Papers'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.


Tamil Nadu Newsprint & Papers EV-to-EBIT vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tamil Nadu Newsprint & Papers's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tamil Nadu Newsprint & Papers's EV-to-EBIT falls into.


NSE:TNPL
72GF Score
Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamil Nadu Newsprint & Papers 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 ₹2,438 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 ₹2,438 Mil mean?
Tamil Nadu Newsprint & Papers (NSE:TNPL) has a EBIT of ₹2,438 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tamil Nadu Newsprint & Papers.
Is Tamil Nadu Newsprint & Papers' EBIT too high?
Tamil Nadu Newsprint & Papers' current EBIT is ₹2,438 Mil. Overall, Tamil Nadu Newsprint & Papers has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tamil Nadu Newsprint & Papers' EBIT compare to competitors?
Tamil Nadu Newsprint & Papers' EBIT of ₹2,438 Mil can be compared against companies in the Forest 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 a Forest Products company?
A good EBIT depends on the Forest 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 Tamil Nadu Newsprint & Papers. Tamil Nadu Newsprint & Papers's current EBIT is ₹2,438 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamil Nadu Newsprint & Papers stock overvalued right now?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers (NSE:TNPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹183.13, compared to a current price of ₹144.99 — trading 20.8% below its estimated fair value. The current EBIT is ₹2,438 Mil. Tamil Nadu Newsprint & Papers' overall GF Score™ is 72/100 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 Tamil Nadu Newsprint & Papers (NSE:TNPL), the current EBIT is ₹2,438 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 Tamil Nadu Newsprint & Papers (NSE:TNPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers stock appears to be undervalued. The current stock price of ₹144.99 is trading 20.8% below its estimated GF Value™ of ₹183.13. GuruFocus considers Tamil Nadu Newsprint & Papers to be Modestly Undervalued.

Key valuation signals for NSE:TNPL:

  • EBIT: ₹2,438 Mil
  • GF Value™: ₹183.13 vs. price of ₹144.99 (20.8% below fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Tamil Nadu Newsprint & Papers Business Description

Other Exchanges 531426:India
Address 67, Mount Road, Guindy, Chennai, TN, IND, 600 032
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.
72GF Score

Get the complete analysis for NSE:TNPL

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

₹144.99
Price
₹183.13
GF Value