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Rategain Travel Technologies (BOM:543417) EBIT : ₹1,902 Mil (TTM As of Mar. 2024)


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What is Rategain Travel Technologies EBIT?

Rategain Travel Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹658 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,902 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rategain Travel Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was 24.96%. Rategain Travel Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,229.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rategain Travel Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.52%.


Rategain Travel Technologies EBIT Historical Data

The historical data trend for Rategain Travel Technologies'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.

Rategain Travel Technologies EBIT Chart

Rategain Travel Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial -88.36 -164.24 160.70 687.69 1,902.38

Rategain Travel Technologies Quarterly Data
Mar19 Mar20 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 261.92 324.51 396.44 523.77 657.66

Competitive Comparison of Rategain Travel Technologies's EBIT

For the Software - Application subindustry, Rategain Travel Technologies'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.


Rategain Travel Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Rategain Travel Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rategain Travel Technologies's EV-to-EBIT falls into.



Rategain Travel Technologies 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 ₹1,902 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.


Rategain Travel Technologies  (BOM:543417) EBIT Explanation

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

Rategain Travel Technologies'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 )
=1788.76 * ( 1 - 23.57% )/( (0 + 5478.21)/ 1 )
=1367.149268/5478.21
=24.96 %

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))
=17310.07 - 1175.15 - ( 10741.48 - max(0, 2476.67 - 13133.38+10741.48))
=5478.21

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

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

Rategain Travel Technologies'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 )
=2630.64/( ( (0 + max(0, 0)) + (214.02 + max(-68.95, 0)) )/ 1 )
=2630.64/( ( 0 + 214.02 )/ 1 )
=2630.64/214.02
=1,229.16 %

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)
=(2050.02 + 0 + 329.5) - (1175.15 + 0 + 1273.32)
=-68.95

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:

Rategain Travel Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1902.38/75498.754
=2.52 %

* 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.


Rategain Travel Technologies EBIT Related Terms

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Rategain Travel Technologies (BOM:543417) Business Description

Traded in Other Exchanges
Address
Plot No. A-3,4,5, Sector 125, Club 125, 4th, Prius Global, Noida, UP, IND, 201 301
Rategain Travel Technologies Ltd is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries. Geographically, it derives a majority of its revenue from the United Kingdom.

Rategain Travel Technologies (BOM:543417) Headlines

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