Zeal Global Services (NSE:ZEAL) EBIT: ₹172 Mil (TTM As of Mar. 2026)


NSE:ZEAL Zeal Global Services Ltd NSE:ZEAL
57 GF Score
Price ₹68.00
GF Value ₹197.69
Valuation Possible Value Trap
! 7 Warning Signs
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What is Zeal Global Services EBIT?

Zeal Global Services NSE:ZEAL +0.29% 57 EBIT is ₹172 Mil as of Mar. 2026. GuruFocus rates NSE:ZEAL with a GF Score™ of 57/100 and a GF Value™ of ₹197.69 (Possible Value Trap). The stock has 7 warning signs investors should review.

Zeal Global Services's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2026 was ₹104 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹172 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zeal Global Services's annualized ROC % for the quarter that ended in Mar. 2026 was 10.15%. Zeal Global Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 747.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zeal Global Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.27%.

Zeal Global Services  (NSE:ZEAL) EBIT Explanation

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

Zeal Global Services'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 )
=160.364 * ( 1 - 26.98% )/( (1282.819 + 1023.917)/ 2 )
=117.0977928/1153.368
=10.15 %

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))
=1491.259 - 297.29 - ( 42.646 - max(0, 621.067 - 532.217+42.646))
=1282.819

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))
=1433.272 - 245.426 - ( 163.929 - max(0, 498.896 - 705.339+163.929))
=1023.917

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:

Zeal Global Services'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 )
=207.89/( ( (19.667 + max(-75.413, 0)) + (20.839 + max(15.096, 0)) )/ 2 )
=207.89/( ( 19.667 + 35.935 )/ 2 )
=207.89/27.801
=747.78 %

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)
=(280.37 + 0 + 17.927) - (297.29 + 0 + 76.42)
=-75.413

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(288.444 + 0 + 28.878) - (245.426 + 0 + 56.8)
=15.096

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:

Zeal Global Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=172.083/941.744
=18.27 %

* 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.

Zeal Global Services EBIT Related Terms

Zeal Global Services EBIT Historical Data

* Premium members only.

The historical data trend for Zeal Global Services'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.

Zeal Global Services EBIT Chart

Zeal Global Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 72.03 142.76 175.65 204.77 172.08

Zeal Global Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 104.91 119.59 85.18 68.14 103.95

NSE:ZEAL vs FDX, UPS, JBHT: EBIT Comparison

For the Integrated Freight & Logistics subindustry, Zeal Global Services'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.

Zeal Global Services EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Zeal Global Services's EV-to-EBIT distribution charts can be found below:

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


NSE:ZEAL
57GF Score
Zeal Global Services Ltd NSE:ZEAL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Zeal Global Services 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 ₹172 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 ₹172 Mil mean?
Zeal Global Services (NSE:ZEAL) has a EBIT of ₹172 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Zeal Global Services.
Is Zeal Global Services' EBIT too high?
Zeal Global Services' current EBIT is ₹172 Mil. Overall, Zeal Global Services has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' EBIT compare to FDX and UPS?
Zeal Global Services' EBIT of ₹172 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Zeal Global Services. Zeal Global Services's current EBIT is ₹172 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹197.69, compared to a current price of ₹68.00 — trading 65.6% below its estimated fair value. The current EBIT is ₹172 Mil. Zeal Global Services' overall GF Score™ is 57/100 with 7 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 Zeal Global Services (NSE:ZEAL), the current EBIT is ₹172 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 Zeal Global Services (NSE:ZEAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued. The current stock price of ₹68.00 is trading 65.6% below its estimated GF Value™ of ₹197.69. GuruFocus considers Zeal Global Services to be Possible Value Trap.

Key valuation signals for NSE:ZEAL:

  • EBIT: ₹172 Mil
  • GF Value™: ₹197.69 vs. price of ₹68.00 (65.6% below fair value)
  • GF Score™: 57/100 with 7 warning signs

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

Zeal Global Services Business Description

Address Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
57GF Score

Get the complete analysis for NSE:ZEAL

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

₹68.00
Price
₹197.69
GF Value