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Davangere Sugar Co (BOM:543267) EBIT : ₹398 Mil (TTM As of Mar. 2024)


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What is Davangere Sugar Co EBIT?

Davangere Sugar Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹93 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹398 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Davangere Sugar Co's annualized ROC % for the quarter that ended in Mar. 2024 was 4.46%. Davangere Sugar Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Davangere Sugar Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.58%.


Davangere Sugar Co EBIT Historical Data

The historical data trend for Davangere Sugar Co'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.

Davangere Sugar Co EBIT Chart

Davangere Sugar Co 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 235.45 186.30 247.25 448.05 398.05

Davangere Sugar Co 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 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 148.69 80.80 89.14 135.51 92.60

Competitive Comparison of Davangere Sugar Co's EBIT

For the Confectioners subindustry, Davangere Sugar Co'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.


Davangere Sugar Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davangere Sugar Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Davangere Sugar Co's EV-to-EBIT falls into.



Davangere Sugar Co 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 ₹398 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.


Davangere Sugar Co  (BOM:543267) EBIT Explanation

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

Davangere Sugar Co'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 )
=295.464 * ( 1 - 0.98% )/( (0 + 6564.179)/ 1 )
=292.5684528/6564.179
=4.46 %

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))
=6816.723 - 218.327 - ( 34.217 - max(0, 2245.653 - 2982.941+34.217))
=6564.179

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

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

Davangere Sugar Co'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 )
=370.412/( ( (0 + max(0, 0)) + (3589.28 + max(1114.088, 0)) )/ 1 )
=370.412/( ( 0 + 4703.368 )/ 1 )
=370.412/4703.368
=7.88 %

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)
=(184.293 + 1218.97 + -4.5474735088646E-13) - (218.327 + 0 + 70.848)
=1114.088

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:

Davangere Sugar Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=398.051/11121.814
=3.58 %

* 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.


Davangere Sugar Co EBIT Related Terms

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Davangere Sugar Co (BOM:543267) Business Description

Traded in Other Exchanges
Address
No. 19, Shivashankar Plaza, Lalbagh Road, 3rd Floor, Richmond Circle, Banglore, KA, IND, 560 027
Davangere Sugar Co Ltd is engaged in the business of Sugar Manufacturing (By-product Molasses) from Sugarcane and Co-generation of Electricity Power. It is operating in various business segments, such as Sugar, Co-Generation, Aviation, and Others.

Davangere Sugar Co (BOM:543267) Headlines

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