Growington Ventures India (BOM:539222) EBIT : ₹22.7 Mil (TTM As of Mar. 2024)

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What is Growington Ventures India EBIT?

Growington Ventures India's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹10.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹22.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Growington Ventures India's annualized ROC % for the quarter that ended in Mar. 2024 was 1.57%. Growington Ventures India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 123.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Growington Ventures India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.56%.

Growington Ventures India EBIT Historical Data

The historical data trend for Growington Ventures India'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.

Growington Ventures India EBIT Chart

Growington Ventures India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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-0.82

-3.23

0.36

18.66

22.68

Growington Ventures India Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial															0.94	3.81	14.85	12.49	10.19

Competitive Comparison of Growington Ventures India's EBIT

For the Food Distribution subindustry, Growington Ventures India'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.

Growington Ventures India's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Growington Ventures India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Growington Ventures India's EV-to-EBIT falls into.

Growington Ventures India 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 semi-annually data reported by the company within the most recent 12 months, which was ₹22.7 Mil.

Growington Ventures India (BOM:539222) EBIT Explanation

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

Growington Ventures India'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: Sep. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	13.168 * ( 1 - 75.69% )	/	( (187.024	+	220.157)	/ 2 )
=	3.2011408	/	203.5905
=	1.57 %

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	))
=	229.289	-	38.003	-	( 4.262	-	max(0, 45.718	-	223.396	+	4.262	))
=	187.024

	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	))
=	299.388	-	74.474	-	( 4.757	-	max(0, 113.703	-	291.004	+	4.757	))
=	220.157

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Growington Ventures India'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: Sep. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	20.378	/	( ( (3.843 + max(22.982, 0))	+	(6.246 + max(-34.552, 0)) )	/	2 )
=	20.378	/	( ( 26.825	+	6.246 )	/	2 )
=	20.378	/	16.5355
=	123.24 %

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)
=	(63.921	+	4.779	+	0)	-	(38.003	+	0	+	7.715)
=	22.982

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(70.583	+	8.568	+	5.6843418860808E-14)	-	(74.474	+	0	+	39.229)
=	-34.552

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

Growington Ventures India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	22.678	/	884.712
	=	2.56 %

Growington Ventures India EBIT Related Terms

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Growington Ventures India (BOM:539222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Growington Ventures India Ltd (BOM:539222) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

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Address

Shiv Chamber, 4th Floor, Plot No. 21, Sector – 11, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

http://www.growington.in

Growington Ventures India Ltd operates in the exporting & importing of Premium Quality Fruits. The company is principally engaged in wide portfolio of fruits like Apple, Green Apple, Orange & Mandarin, Pear, Kiwi, Dragon Fruit, Avocado, Red Globe Grapes, Plum, Nectarines, Peaches, Cherries, Blueberries, Grape Fruit, Mango Stem, Ram Bhutan, Longan, Dates, Tamarind and so on.

Growington Ventures India (BOM:539222) Headlines

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