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Dollex Agrotech (NSE:DOLLEX) EBIT : ₹149 Mil (TTM As of Sep. 2023)


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What is Dollex Agrotech EBIT?

Dollex Agrotech's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ₹58 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹149 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dollex Agrotech's annualized ROC % for the quarter that ended in Sep. 2023 was 8.52%. Dollex Agrotech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 12.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dollex Agrotech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 9.90%.

Dollex Agrotech EBIT Historical Data

The historical data trend for Dollex Agrotech'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.

Dollex Agrotech EBIT Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EBIT
26.63 47.23 67.07 103.79

Dollex Agrotech Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
EBIT Get a 7-Day Free Trial - - 13.27 90.52 58.10

Competitive Comparison of Dollex Agrotech's EBIT

For the Confectioners subindustry, Dollex Agrotech'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.

Dollex Agrotech's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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


Dollex Agrotech 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹149 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.

Dollex Agrotech  (NSE:DOLLEX) EBIT Explanation

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

Dollex Agrotech's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=116.174 * ( 1 - 25.68% )/( (1001.028 + 1025.083)/ 2 )
=86.3405168/1013.0555
=8.52 %

where

Invested Capital(Q: Mar. 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))
=1681.154 - 672.064 - ( 8.062 - max(0, 825.008 - 1251.633+8.062))
=1001.028

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))
=1614.488 - 575.711 - ( 13.694 - max(0, 686.708 - 1223.482+13.694))
=1025.083

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Dollex Agrotech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=116.208/( ( (421.251 + max(519.248, 0)) + (364.078 + max(599.056, 0)) )/ 2 )
=116.208/( ( 940.499 + 963.134 )/ 2 )
=116.208/951.8165
=12.21 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(190.453 + 1012.506 + 40.53) - (672.064 + 0 + 52.177)
=519.248

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(300.67 + 905.101 + 0.95499999999993) - (575.711 + 0 + 31.959)
=599.056

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Dollex Agrotech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=148.626/1501.266
=9.90 %

* 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.

Dollex Agrotech EBIT Related Terms

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Dollex Agrotech (NSE:DOLLEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dollex Agrotech Ltd (NSE:DOLLEX) » Definitions » EBIT
Comparable Companies
BOM:507180 BOM:539742 BOM:532879 BOM:500319 BOM:500354 BOM:531923 BOM:530617 BOM:532183 BOM:507300 BOM:537709 MDLZ HSY XSWX:LISN XSWX:BARN XKRX:271560 TR TSE:2222 CAS:CSR TSE:2201 XKRX:004990
Traded in Other Exchanges
N/A
Address
19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Website
https://www.dollex.in
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

Dollex Agrotech (NSE:DOLLEX) Headlines

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