Sukhjit Starch & Chemicals (BOM:524542) EBIT : ₹1,029 Mil (TTM As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Sukhjit Starch & Chemicals EBIT?

Sukhjit Starch & Chemicals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹277 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,029 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sukhjit Starch & Chemicals's annualized ROC % for the quarter that ended in Mar. 2024 was 7.23%. Sukhjit Starch & Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sukhjit Starch & Chemicals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.08%.

Sukhjit Starch & Chemicals EBIT Historical Data

The historical data trend for Sukhjit Starch & Chemicals'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.

Sukhjit Starch & Chemicals EBIT Chart

Sukhjit Starch & Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

514.39

503.47

1,253.05

1,145.10

1,028.80

Sukhjit Starch & Chemicals 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															296.20	220.20	237.10	294.60	276.90

Competitive Comparison of Sukhjit Starch & Chemicals's EBIT

For the Specialty Chemicals subindustry, Sukhjit Starch & Chemicals'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.

Sukhjit Starch & Chemicals's EV-to-EBIT Distribution in the Chemicals Industry

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

* The bar in red indicates where Sukhjit Starch & Chemicals's EV-to-EBIT falls into.

Sukhjit Starch & Chemicals 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 ₹1,029 Mil.

Sukhjit Starch & Chemicals (BOM:524542) EBIT Explanation

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

Sukhjit Starch & Chemicals'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 )
=	995.2 * ( 1 - 38.38% )	/	( (0	+	8479.3)	/ 1 )
=	613.24224	/	8479.3
=	7.23 %

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	))
=	10217	-	754	-	( 983.7	-	max(0, 3327.8	-	4356.8	+	983.7	))
=	8479.3

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

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

Sukhjit Starch & Chemicals'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 )
=	1107.6	/	( ( (0 + max(0, 0))	+	(5610.6 + max(2378.9, 0)) )	/	1 )
=	1107.6	/	( ( 0	+	7989.5 )	/	1 )
=	1107.6	/	7989.5
=	13.86 %

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)
=	(793.8	+	2304.8	+	220.9)	-	(754	+	0	+	186.6)
=	2378.9

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:

Sukhjit Starch & Chemicals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1028.8	/	9285.659
	=	11.08 %

Sukhjit Starch & Chemicals EBIT Related Terms

Thank you for viewing the detailed overview of Sukhjit Starch & Chemicals's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Sukhjit Starch & Chemicals (BOM:524542) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sukhjit Starch & Chemicals Ltd (BOM:524542) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

SUKHJITS:India

Address

Sarai Road, Kapurthala District, Phagwara, PB, IND, 144401

Website

https://www.sukhjitgroup.com

Sukhjit Starch & Chemicals Ltd is an India-based manufacturer of starch and its derivatives. The company's operation is divided into four segments namely Starch and its derivatives, Readymade garments, Leasing and hire purchase financing, and Manufacturing of heavy machinery. It derives key revenue from Starch and its derivatives business division. The company produces maize starch, liquid glucose, high maltose syrup, Monohydrate dextrose, Malto Dextrin, Oxidized Starch, Cationic Starch, Thin Boiling Starch, Pre- Gelatinised Starch, Yellow Dextrin, White Dextrin, Maize Gluten, Maize Germ, Maize Oil, Maize Germ cake, Corn steep liquor, and Maize coarse bran.

Sukhjit Starch & Chemicals (BOM:524542) Headlines

No Headlines