Veedol (NSE:VEEDOL) EBIT: ₹2,408 Mil (TTM As of Mar. 2026)


NSE:VEEDOL Veedol Corp Ltd NSE:VEEDOL
90 GF Score
Price ₹1,467.80
GF Value ₹1,773.22
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Veedol EBIT?

Veedol NSE:VEEDOL -0.60% 90 EBIT is ₹2,408 Mil as of Mar. 2026. GuruFocus rates NSE:VEEDOL with a GF Score™ of 90/100 and a GF Value™ of ₹1,773.22 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Veedol's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹646 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,408 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Veedol's annualized ROC % for the quarter that ended in Mar. 2026 was 19.66%. Veedol's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 41.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Veedol's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.53%.


Veedol  (NSE:VEEDOL) EBIT Explanation

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

Veedol'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 )
=2119.6 * ( 1 - 10.08% )/( (0 + 9696.3)/ 1 )
=1905.94432/9696.3
=19.66 %

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:

Veedol'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 )
=2584.4/( ( (0 + max(0, 0)) + (2278.6 + max(3882.8, 0)) )/ 1 )
=2584.4/( ( 0 + 6161.4 )/ 1 )
=2584.4/6161.4
=41.95 %

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)
=(3453.4 + 3246.5 + 338.5) - (2085.9 + 0 + 1069.7)
=3882.8

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2408.2/22859.645
=10.53 %

* 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.


Veedol EBIT Related Terms


Veedol EBIT Historical Data

* Premium members only.

The historical data trend for Veedol'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.

Veedol EBIT Chart

Veedol 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 1,617.10 1,486.50 1,889.60 2,051.60 2,408.20

Veedol 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 694.40 643.30 558.70 560.10 646.10

NSE:VEEDOL vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Veedol'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.


Veedol EV-to-EBIT vs Chemicals Industry

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

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


NSE:VEEDOL
90GF Score
Veedol Corp Ltd NSE:VEEDOL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Veedol 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 ₹2,408 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 ₹2,408 Mil mean?
Veedol (NSE:VEEDOL) has a EBIT of ₹2,408 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Veedol.
Is Veedol's EBIT too high?
Veedol's current EBIT is ₹2,408 Mil. Overall, Veedol has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veedol's EBIT compare to LIN and SHW?
Veedol's EBIT of ₹2,408 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Veedol. Veedol's current EBIT is ₹2,408 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veedol stock overvalued right now?
Based on GuruFocus' analysis, Veedol (NSE:VEEDOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,773.22, compared to a current price of ₹1,467.80 — trading 17.2% below its estimated fair value. The current EBIT is ₹2,408 Mil. Veedol's overall GF Score™ is 90/100 with 1 warning sign 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 Veedol (NSE:VEEDOL), the current EBIT is ₹2,408 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 Veedol (NSE:VEEDOL) Overvalued in 2026?

Based on GuruFocus' analysis, Veedol stock appears to be undervalued. The current stock price of ₹1,467.80 is trading 17.2% below its estimated GF Value™ of ₹1,773.22. GuruFocus considers Veedol to be Modestly Undervalued.

Key valuation signals for NSE:VEEDOL:

  • EBIT: ₹2,408 Mil
  • GF Value™: ₹1,773.22 vs. price of ₹1,467.80 (17.2% below fair value)
  • GF Score™: 90/100 with 1 warning sign

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


Veedol Business Description

Other Exchanges 590005:India
Address 8, Dr. Rajendra Prasad Sarani, Yule House, Kolkata, WB, IND, 700001
Veedol Corp Ltd is a manufacturer and marketer of quality lubricants around the globe. The products offered by the company include high-performance engine oils for passenger cars, two/three-wheelers, heavy commercial vehicles, off-highway vehicles, buses, and tractors. It also offers gear oils, transmission oils, coolants, brake oil, and greases for all automotive applications, as well as a wide range of industrial and specialty lubricants catering to diverse industry applications.
90GF Score

Get the complete analysis for NSE:VEEDOL

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

₹1,467.80
Price
₹1,773.22
GF Value