Kesoram Industries (BOM:502937) EBIT : ₹2,143 Mil (TTM As of Mar. 2024)

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What is Kesoram Industries EBIT?

Kesoram Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹2,143 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kesoram Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 11.39%. Kesoram Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kesoram Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.84%.

Kesoram Industries EBIT Historical Data

The historical data trend for Kesoram Industries'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.

* Premium members only.

Kesoram Industries EBIT Chart

Kesoram Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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1,508.60

1,054.10

4,012.00

652.30

2,142.70

Kesoram Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															978.10	804.90	482.50	784.50	70.80

Competitive Comparison of Kesoram Industries's EBIT

For the Building Materials subindustry, Kesoram Industries'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.

Kesoram Industries's EV-to-EBIT Distribution in the Building Materials Industry

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

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

Kesoram Industries 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,143 Mil.

Kesoram Industries (BOM:502937) EBIT Explanation

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

Kesoram Industries's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	1452 * ( 1 - -109.26% )	/	( (0	+	26674.7)	/ 1 )
=	3038.4552	/	26674.7
=	11.39 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Mar. 2024 )
=	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	))
=	33761.2	-	6230.5	-	( 2540.6	-	max(0, 10579.8	-	11435.8	+	2540.6	))
=	26674.7

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Kesoram Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	283.2	/	( ( (0 + max(0, 0))	+	(17588.5 + max(-95.100000000001, 0)) )	/	1 )
=	283.2	/	( ( 0	+	17588.5 )	/	1 )
=	283.2	/	17588.5
=	1.61 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(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. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4681	+	2865.9	+	1348)	-	(6230.5	+	0	+	2759.5)
=	-95.100000000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	2142.7	/	75506.632
	=	2.84 %

Kesoram Industries EBIT Related Terms

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Kesoram Industries (BOM:502937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kesoram Industries Ltd (BOM:502937) » Definitions » EBIT

Traded in Other Exchanges

KESORAMIND:India

Address

9/1, R.N. Mukherjee Road, 8th Floor, Birla Building, Kolkata, WB, IND, 700001

Website

https://www.kesocorp.com

Kesoram Industries Ltd is an investment holding company. Its operating segment includes Cement and Rayon, TP, and chemicals. It generates maximum revenue from the Cement segment. The company markets cement under the Birla Shakti brand. Geographically, it derives a majority of its revenue from India.

Kesoram Industries (BOM:502937) Headlines

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