Aditya Birla Fashion and Retail (NSE:ABFRL) EBIT : ₹-178 Mil (TTM As of Dec. 2023)

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What is Aditya Birla Fashion and Retail EBIT?

Aditya Birla Fashion and Retail's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹1,605 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-178 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aditya Birla Fashion and Retail's annualized ROC % for the quarter that ended in Dec. 2023 was 3.02%. Aditya Birla Fashion and Retail's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aditya Birla Fashion and Retail's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.05%.

Aditya Birla Fashion and Retail EBIT Historical Data

The historical data trend for Aditya Birla Fashion and Retail'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.

Aditya Birla Fashion and Retail EBIT Chart

Aditya Birla Fashion and Retail Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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3,337.10

3,888.20

-3,447.90

2,029.30

3,627.10

Aditya Birla Fashion and Retail 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															1,495.60	-1,441.30	-139.90	-201.90	1,605.20

Competitive Comparison of Aditya Birla Fashion and Retail's EBIT

For the Apparel Manufacturing subindustry, Aditya Birla Fashion and Retail'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.

Aditya Birla Fashion and Retail's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aditya Birla Fashion and Retail's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aditya Birla Fashion and Retail's EV-to-EBIT falls into.

Aditya Birla Fashion and Retail 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 ₹-178 Mil.

Aditya Birla Fashion and Retail (NSE:ABFRL) EBIT Explanation

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

Aditya Birla Fashion and Retail'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 )
=	4368.4 * ( 1 - -26.72% )	/	( (183559.1	+	0)	/ 1 )
=	5535.63648	/	183559.1
=	3.02 %

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	))
=	219609.6	-	45320.7	-	( 5423.1	-	max(0, 96536.2	-	87266	+	5423.1	))
=	183559.1

	Invested Capital		(Q: Dec. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

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

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

Aditya Birla Fashion and Retail'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 )
=	6420.8	/	( ( (58877.5 + max(20829.4, 0))	+	(0 + max(0, 0)) )	/	1 )
=	6420.8	/	( ( 79706.9	+	0 )	/	1 )
=	6420.8	/	79706.9
=	8.06 %

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)
=	(17037.3	+	49534.5	+	15156.1)	-	(45320.7	+	0	+	15577.8)
=	20829.4

	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:

Aditya Birla Fashion and Retail's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-177.9	/	364061.035
	=	-0.05 %

Aditya Birla Fashion and Retail EBIT Related Terms

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Aditya Birla Fashion and Retail (NSE:ABFRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aditya Birla Fashion and Retail Ltd (NSE:ABFRL) » Definitions » EBIT

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Traded in Other Exchanges

535755:India

Address

Unit No. 401, 403, 501, 502, L.B.S. Road, Building A, 4th and 5th Floor, Piramal Agastya Corporate Park, Kurla, Mumbai, MH, IND, 400 070

Website

https://www.abfrl.com

Aditya Birla Fashion and Retail Ltd manufactures and retails branded apparel and runs a chain of apparels and accessories retail stores in India. It offers Clothing products, Handbags, Cosmetics, Perfumes, Fashion, Jewellery and Watches, among other products. The company's key brands include Louis Philippe, Van Heusen, Allen Solly and Peter England. The operating segments of the group are Madura Fashion and Lifestyle which involves manufacturing, distribution, and retailing of branded fashion apparel and accessories; and Pantaloons which involves retailing of apparel and accessories. It derives key revenue from the Madura Fashion and Lifestyle segment. Geographically, the group has a business presence in India and Outside India, from which it generates a majority of its revenue in India.

Aditya Birla Fashion and Retail (NSE:ABFRL) Headlines

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