India Gelatine & Chemicals (BOM:531253) EBIT : ₹380 Mil (TTM As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is India Gelatine & Chemicals EBIT?

India Gelatine & Chemicals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹380 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. India Gelatine & Chemicals's annualized ROC % for the quarter that ended in Mar. 2024 was 11.37%. India Gelatine & Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. India Gelatine & Chemicals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 15.44%.

India Gelatine & Chemicals EBIT Historical Data

The historical data trend for India Gelatine & 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.

India Gelatine & Chemicals EBIT Chart

India Gelatine & Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

64.19

92.91

74.71

327.16

380.02

India Gelatine & 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															128.88	133.73	83.05	89.40	73.84

Competitive Comparison of India Gelatine & Chemicals's EBIT

For the Specialty Chemicals subindustry, India Gelatine & 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.

India Gelatine & Chemicals's EV-to-EBIT Distribution in the Chemicals Industry

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

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

India Gelatine & 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 ₹380 Mil.

India Gelatine & Chemicals (BOM:531253) EBIT Explanation

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

India Gelatine & 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 )
=	229.408 * ( 1 - 29.29% )	/	( (0	+	1426.23)	/ 1 )
=	162.2143968	/	1426.23
=	11.37 %

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	))
=	1844.074	-	84.037	-	( 333.807	-	max(0, 179.268	-	930.848	+	333.807	))
=	1426.23

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

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

India Gelatine & 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 )
=	295.352	/	( ( (0 + max(0, 0))	+	(705.359 + max(439.661, 0)) )	/	1 )
=	295.352	/	( ( 0	+	1145.02 )	/	1 )
=	295.352	/	1145.02
=	25.79 %

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)
=	(126.394	+	435.27	+	34.244)	-	(84.037	+	0	+	72.21)
=	439.661

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	380.018	/	2461.910
	=	15.44 %

India Gelatine & Chemicals EBIT Related Terms

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

India Gelatine & Chemicals (BOM:531253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » India Gelatine & Chemicals Ltd (BOM:531253) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

77/78, Mittal Chambers, 228, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.indiagelatine.com

India Gelatine & Chemicals Ltd manufactures Ossein and Gelatine-based products. The company's activities include extraction, purification, evaporation, drying, grinding, sieving, and blending of gelatine. Its products include Edible Gelatine, Photographic Gelatine, Technical Gelatine, and Pharmaceutical Gelatine. The group derives revenue from India, Far East, Europe, and other regions, of which a majority of revenue is derived within India.

India Gelatine & Chemicals (BOM:531253) Headlines

No Headlines