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Ashoka Buildcon (NSE:ASHOKA) EBIT : ₹21,804 Mil (TTM As of Mar. 2024)


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What is Ashoka Buildcon EBIT?

Ashoka Buildcon's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹7,511 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹21,804 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ashoka Buildcon's annualized ROC % for the quarter that ended in Mar. 2024 was 7.96%. Ashoka Buildcon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 430.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ashoka Buildcon's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 23.32%.


Ashoka Buildcon EBIT Historical Data

The historical data trend for Ashoka Buildcon'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.

Ashoka Buildcon EBIT Chart

Ashoka Buildcon 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 12,592.80 13,528.38 19,359.62 16,920.16 21,803.58

Ashoka Buildcon 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 4,267.64 4,153.94 4,878.29 5,260.39 7,510.96

Competitive Comparison of Ashoka Buildcon's EBIT

For the Engineering & Construction subindustry, Ashoka Buildcon'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.


Ashoka Buildcon's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ashoka Buildcon's EV-to-EBIT distribution charts can be found below:

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



Ashoka Buildcon 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 ₹21,804 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.


Ashoka Buildcon  (NSE:ASHOKA) EBIT Explanation

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

Ashoka Buildcon'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 )
=22691.176 * ( 1 - 47.17% )/( (0 + 150612.006)/ 1 )
=11987.7482808/150612.006
=7.96 %

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))
=191243.673 - 31186.067 - ( 9445.6 - max(0, 91036.897 - 110308.434+9445.6))
=150612.006

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

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

Ashoka Buildcon'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 )
=30043.84/( ( (0 + max(0, 0)) + (3824.246 + max(3151.445, 0)) )/ 1 )
=30043.84/( ( 0 + 6975.691 )/ 1 )
=30043.84/6975.691
=430.69 %

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)
=(10584.134 + 6985.18 + 60052.366) - (31186.067 + 0 + 43284.168)
=3151.445

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:

Ashoka Buildcon's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=21803.575/93508.510
=23.32 %

* 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.


Ashoka Buildcon EBIT Related Terms

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Ashoka Buildcon (NSE:ASHOKA) Business Description

Traded in Other Exchanges
Address
Ashoka Marg, S. No. 861, Ashoka House, Vadala, Nashik, MH, IND, 422011
Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities includes Engineering, Procurement and Construction activity of infra projects, Build operate and transfer includes Annuity to develop infra developer under BOT & Annuity, and Sale of Goods consist mainly Sale of construction material which includes RMC and Real estate. The company has its business operations across India. The majority of the revenue is generated from construction and contract-related activity.

Ashoka Buildcon (NSE:ASHOKA) Headlines

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