Gujarat State Petronet (BOM:532702) EBIT : ₹29,668 Mil (TTM As of Mar. 2024)

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What is Gujarat State Petronet EBIT?

Gujarat State Petronet's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹8,884 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹29,668 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gujarat State Petronet's annualized ROC % for the quarter that ended in Mar. 2024 was 13.29%. Gujarat State Petronet's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 30.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gujarat State Petronet's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.06%.

Gujarat State Petronet EBIT Historical Data

The historical data trend for Gujarat State Petronet'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.

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Gujarat State Petronet EBIT Chart

Gujarat State Petronet Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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27,990.29

31,429.39

30,421.85

31,684.37

29,668.13

Gujarat State Petronet 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															7,059.39	6,002.43	8,036.09	6,745.44	8,884.16

Competitive Comparison of Gujarat State Petronet's EBIT

For the Utilities - Regulated Gas subindustry, Gujarat State Petronet'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.

Gujarat State Petronet's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat State Petronet's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gujarat State Petronet's EV-to-EBIT falls into.

Gujarat State Petronet 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 ₹29,668 Mil.

Gujarat State Petronet (BOM:532702) EBIT Explanation

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

Gujarat State Petronet'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 )
=	31270.352 * ( 1 - 26.26% )	/	( (0	+	173474.654)	/ 1 )
=	23058.7575648	/	173474.654
=	13.29 %

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	))
=	190558.426	-	7227.234	-	( 23859.852	-	max(0, 30251.437	-	40107.975	+	23859.852	))
=	173474.654

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

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

Gujarat State Petronet'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 )
=	35536.632	/	( ( (0 + max(0, 0))	+	(117535.769 + max(-13724.995, 0)) )	/	1 )
=	35536.632	/	( ( 0	+	117535.769 )	/	1 )
=	35536.632	/	117535.769
=	30.23 %

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)
=	(11481.062	+	2694.938	+	2028.193)	-	(7227.234	+	0	+	22701.954)
=	-13724.995

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:

Gujarat State Petronet's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	29668.126	/	134471.680
	=	22.06 %

Gujarat State Petronet EBIT Related Terms

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Gujarat State Petronet (BOM:532702) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gujarat State Petronet Ltd (BOM:532702) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

GSPL:India

Address

GSPL Bhavan, E-18, GIDC Electronics Estate, Sector-26, Near K-7 Circle, Gandhinagar, GJ, IND, 382028

Website

https://www.gspcgroup.com

Gujarat State Petronet Ltd is a regulated Indian natural gas utility company of which the shareholder is a state-owned oil and gas exploration company, Gujarat State Petroleum Corporation. Gujarat State Petronet is involved in the provision of natural gas, compressed natural gas, and liquefied natural gas transmission services in the West Indian state of Gujarat through its pipeline network. The company derives the vast majority of its sales from service fees relating to the transportation of gas to domestic, industrial, and commercial customers. With its many subsidiaries and associate firms, such as Gujarat Gas Limited, Gujarat State Petronet is one of the gas distributors in India.

Gujarat State Petronet (BOM:532702) Headlines

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