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Tejas Networks (BOM:540595) EBIT : ₹2,077 Mil (TTM As of Mar. 2024)


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What is Tejas Networks EBIT?

Tejas Networks's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹2,590 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹2,077 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tejas Networks's annualized ROC % for the quarter that ended in Mar. 2024 was 12.31%. Tejas Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 31.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tejas Networks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.85%.


Tejas Networks EBIT Historical Data

The historical data trend for Tejas Networks'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.

Tejas Networks EBIT Chart

Tejas Networks Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,352.40 250.90 -1,149.20 -284.60 1,465.00

Tejas Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 -46.10 -233.90 -107.40 -405.20 2,589.70

Competitive Comparison of Tejas Networks's EBIT

For the Communication Equipment subindustry, Tejas Networks'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.


Tejas Networks's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tejas Networks's EV-to-EBIT distribution charts can be found below:

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



Tejas Networks 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 ₹2,077 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.


Tejas Networks  (BOM:540595) EBIT Explanation

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

Tejas Networks'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 )
=10771.6 * ( 1 - 36.9% )/( (0 + 55211.6)/ 1 )
=6796.8796/55211.6
=12.31 %

where

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))
=82025.3 - 19262.5 - ( 7551.2 - max(0, 47366.5 - 67684.6+7551.2))
=55211.6

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

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

Tejas Networks'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 )
=10358.8/( ( (0 + max(0, 0)) + (3522.9 + max(28878, 0)) )/ 1 )
=10358.8/( ( 0 + 32400.9 )/ 1 )
=10358.8/32400.9
=31.97 %

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)
=(13838.6 + 37377.4 + 7519) - (19262.5 + 0 + 10594.5)
=28878

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:

Tejas Networks's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2077.1/245425.088
=0.85 %

* 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.


Tejas Networks EBIT Related Terms

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Tejas Networks (BOM:540595) Business Description

Traded in Other Exchanges
Address
Hosur Road, Electronic City, Phase 1, J.P. Software Park, Plot No. 25, 5th Floor, Survey No. 13, 14, 17,18, Konnapana Agrahara Village, Begur Hobli, Bengaluru, KA, IND, 560 100
Tejas Networks Ltd is an optical and data networking products company. The company designs, develops, and manufactures high-performance products for building high-speed communication networks that carry voice, data, and video traffic from fixed line, mobile, and broadband networks. It serves telecommunications service providers, internet service providers, utilities, defense, and government entities. The company's principal geographical areas for its operations are located in India, Americas, and rest of the world. It derives a majority of its revenue from India.

Tejas Networks (BOM:540595) Headlines

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