Classic Electricals (BOM:512213) EBIT : ₹5.29 Mil (TTM As of Dec. 2023)

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What is Classic Electricals EBIT?

Classic Electricals's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹0.68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹5.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Classic Electricals's annualized ROC % for the quarter that ended in Dec. 2023 was -3.51%. Classic Electricals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 122.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Classic Electricals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.63%.

Classic Electricals EBIT Historical Data

The historical data trend for Classic Electricals'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.

Classic Electricals EBIT Chart

Classic Electricals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

1.25

2.22

40.62

1.36

6.82

Classic Electricals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															2.55	1.77	1.39	1.45	0.68

Competitive Comparison of Classic Electricals's EBIT

For the Electrical Equipment & Parts subindustry, Classic Electricals'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.

Classic Electricals's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Classic Electricals's EV-to-EBIT distribution charts can be found below:

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

Classic Electricals 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5.29 Mil.

Classic Electricals (BOM:512213) EBIT Explanation

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

Classic Electricals's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-7.06 * ( 1 - 38.14% )	/	( (124.381	+	0)	/ 1 )
=	-4.367316	/	124.381
=	-3.51 %

where

	Invested Capital		(Q: Sep. 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	))
=	124.584	-	0	-	( 0.203	-	max(0, 6.184	-	95.674	+	0.203	))
=	124.381

	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

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Classic Electricals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2.716	/	( ( (2.209 + max(-0.208, 0))	+	(0 + max(0, 0)) )	/	1 )
=	2.716	/	( ( 2.209	+	0 )	/	1 )
=	2.716	/	2.209
=	122.95 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.216	+	0	+	0.182)	-	(0	+	0	+	0.606)
=	-0.208

	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

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	5.289	/	28.396
	=	18.63 %

Classic Electricals EBIT Related Terms

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Classic Electricals (BOM:512213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Classic Electricals Ltd (BOM:512213) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Marg, 1301, 13th Floor, Peninsula Business Park, Tower B, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.classicelectricals.co.in

Classic Electricals Ltd is in the business of manufacturers, moulders, producers, assemblers, processors, buyers, sellers, importers, exporters, and dealers in switch plates, switch boxes, made from polystyrene, polypropylene, polycarbonate, ABS nylon, and plastic materials, and also in all kinds of electrical goods, accessories, electrical wiring accessories, instruments, appliances, and apparatus, of every kind and description including switches, sockets, plugs lighting, fittings, fixtures, chokes, starters, conductors jacks and adaptors, bells, buzzers, fuse, switch-gears, switch-boards, motors, heaters, capacitors, motor starters, of all kinds and description including components, parts, material and accessories thereof.

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