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Dhani Services (BOM:532960) EBIT : ₹-2,573 Mil (TTM As of Dec. 2023)


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What is Dhani Services EBIT?

Dhani Services's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹-560 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-2,573 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dhani Services's annualized ROC % for the quarter that ended in Dec. 2023 was -5.43%. Dhani Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -40.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dhani Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.59%.


Dhani Services EBIT Historical Data

The historical data trend for Dhani Services'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.

Dhani Services EBIT Chart

Dhani Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,905.88 3,315.88 -130.81 -8,076.27 -4,409.72

Dhani Services 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,167.18 -642.36 -698.88 -671.43 -559.94

Competitive Comparison of Dhani Services's EBIT

For the Credit Services subindustry, Dhani Services'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.


Dhani Services's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dhani Services's EV-to-EBIT distribution charts can be found below:

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



Dhani Services 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 ₹-2,573 Mil.

* 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.


Dhani Services  (BOM:532960) EBIT Explanation

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

Dhani Services'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 )
=-2239.74 * ( 1 - -2.69% )/( (42340.538 + 0)/ 1 )
=-2299.989006/42340.538
=-5.43 %

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))
=48423.866 - 834.944 - ( 5248.384 - max(0, 834.944 - 25005.2+5248.384))
=42340.538

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

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

Dhani Services'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 )
=-2239.74/( ( (1137.861 + max(4351.135, 0)) + (0 + max(0, 0)) )/ 1 )
=-2239.74/( ( 5488.996 + 0 )/ 1 )
=-2239.74/5488.996
=-40.80 %

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)
=(571.334 + 2558.534 + 2056.211) - (834.944 + 0 + 0)
=4351.135

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:

Dhani Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-2572.607/29942.037
=-8.59 %

* 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.


Dhani Services EBIT Related Terms

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Dhani Services (BOM:532960) Business Description

Traded in Other Exchanges
Address
4th Floor, S. B. Marg, One International Centre, Tower 1, Elphinstone (West), Mumbai, MH, IND, 400013
Dhani Services Ltd is a capital market company providing securities and derivative broking services. It is registered with SEBI as a Stock Broker, a Depository Participant, a Research Analyst, and a Merchant Banker in Category I. The company's products include Equity Trading, Derivative Trading, Commodity Trading, Currency Trading, and IPO. It is also engaged in Credit Line, Online Pharmacy, Payments services.

Dhani Services (BOM:532960) Headlines

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