Viaz Tyres (NSE:VIAZ) EBIT: ₹52.9 Mil (TTM As of Mar. 2026)


NSE:VIAZ Viaz Tyres Ltd NSE:VIAZ
83 GF Score
Price ₹64.90
GF Value ₹119.19
Valuation Possible Value Trap
! 6 Warning Signs
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What is Viaz Tyres EBIT?

Viaz Tyres NSE:VIAZ 83 EBIT is ₹52.9 Mil as of Mar. 2026. GuruFocus rates NSE:VIAZ with a GF Score™ of 83/100 and a GF Value™ of ₹119.19 (Possible Value Trap). The stock has 6 warning signs investors should review.

Viaz Tyres's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹52.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹52.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Viaz Tyres's annualized ROC % for the quarter that ended in Mar. 2026 was 12.12%. Viaz Tyres's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.30%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Viaz Tyres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.35%.

Viaz Tyres  (NSE:VIAZ) EBIT Explanation

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

Viaz Tyres'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: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=89.822 * ( 1 - 5.58% )/( (546.686 + 852.446)/ 2 )
=84.8099324/699.566
=12.12 %

where

Invested Capital(Q: Mar. 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))
=589.02 - 34.287 - ( 8.047 - max(0, 209.526 - 474.693+8.047))
=546.686

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))
=880.003 - 20.718 - ( 6.839 - max(0, 197.838 - 430.364+6.839))
=852.446

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:

Viaz Tyres'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: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=105.784/( ( (112.726 + max(404.714, 0)) + (315.203 + max(323.21, 0)) )/ 2 )
=105.784/( ( 517.44 + 638.413 )/ 2 )
=105.784/577.9265
=18.30 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(304.913 + 138.637 + 22.911) - (34.287 + 0 + 27.46)
=404.714

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(214.44 + 136.135 + 38.76) - (20.718 + 0 + 45.407)
=323.21

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=52.892/988.178
=5.35 %

* 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.

Viaz Tyres EBIT Related Terms

Viaz Tyres EBIT Historical Data

* Premium members only.

The historical data trend for Viaz Tyres'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.

Viaz Tyres EBIT Chart

Viaz Tyres Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 30.80 39.32 41.40 59.41 86.75

Viaz Tyres Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
EBIT Get a 7-Day Free Trial 26.53 12.79 0.00 37.59 52.89

NSE:VIAZ vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, Viaz Tyres'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.

Viaz Tyres EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Viaz Tyres's EV-to-EBIT distribution charts can be found below:

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


NSE:VIAZ
83GF Score
Viaz Tyres Ltd NSE:VIAZ
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Viaz Tyres 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 ₹52.9 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 ₹52.9 Mil mean?
Viaz Tyres (NSE:VIAZ) has a EBIT of ₹52.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Viaz Tyres.
Is Viaz Tyres' EBIT too high?
Viaz Tyres' current EBIT is ₹52.9 Mil. Overall, Viaz Tyres has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viaz Tyres' EBIT compare to ORLY and AZO?
Viaz Tyres' EBIT of ₹52.9 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Viaz Tyres. Viaz Tyres's current EBIT is ₹52.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viaz Tyres stock overvalued right now?
Based on GuruFocus' analysis, Viaz Tyres (NSE:VIAZ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹119.19, compared to a current price of ₹64.90 — trading 45.5% below its estimated fair value. The current EBIT is ₹52.9 Mil. Viaz Tyres' overall GF Score™ is 83/100 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 Viaz Tyres (NSE:VIAZ), the current EBIT is ₹52.9 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 Viaz Tyres (NSE:VIAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Viaz Tyres stock appears to be undervalued. The current stock price of ₹64.90 is trading 45.5% below its estimated GF Value™ of ₹119.19. GuruFocus considers Viaz Tyres to be Possible Value Trap.

Key valuation signals for NSE:VIAZ:

  • EBIT: ₹52.9 Mil
  • GF Value™: ₹119.19 vs. price of ₹64.90 (45.5% below fair value)
  • GF Score™: 83/100 with 6 warning signs

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

Viaz Tyres Business Description

Address Sal Hospital Road, 915/916, Maple Trade, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380059
Viaz Tyres Ltd is engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. Its product portfolio comprises bicycle tyres, bicycle butyl moulded tubes, scooter and moped tubes, passenger car tubes, farm vehicle tubes, lubricants, grease, tubless tyre kits, and multipurpose air pumps, among others. The company operates in a single business segment, which comprises the manufacturing and selling of Tubes and Tyres. Its geographical segment is considered based on sales within India and outside India.
83GF Score

Get the complete analysis for NSE:VIAZ

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

₹64.90
Price
₹119.19
GF Value