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India Glycols (BOM:500201) EBIT : ₹3,129 Mil (TTM As of Dec. 2023)


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What is India Glycols EBIT?

India Glycols's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹853 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹3,129 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. India Glycols's annualized ROC % for the quarter that ended in Dec. 2023 was 5.23%. India Glycols's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. India Glycols's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.74%.


India Glycols EBIT Historical Data

The historical data trend for India Glycols'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.

India Glycols EBIT Chart

India Glycols Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,366.31 1,986.91 1,918.47 4,270.03 2,500.17

India Glycols 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 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 804.80 571.27 913.00 791.50 853.00

Competitive Comparison of India Glycols's EBIT

For the Chemicals subindustry, India Glycols'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.


India Glycols's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, India Glycols's EV-to-EBIT distribution charts can be found below:

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



India Glycols 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 ₹3,129 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.


India Glycols  (BOM:500201) EBIT Explanation

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

India Glycols'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 )
=3040.8 * ( 1 - 22.75% )/( (44915.1 + 0)/ 1 )
=2349.018/44915.1
=5.23 %

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))
=51191.6 - 8362.6 - ( 2558.8 - max(0, 20304.7 - 18218.6+2558.8))
=44915.1

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

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

India Glycols'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 )
=3412/( ( (29070.9 + max(850.6, 0)) + (0 + max(0, 0)) )/ 1 )
=3412/( ( 29921.5 + 0 )/ 1 )
=3412/29921.5
=11.40 %

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)
=(5290.2 + 8563.5 + 1806.1) - (8362.6 + 0 + 6446.6)
=850.6

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:

India Glycols's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=3128.767/32112.367
=9.74 %

* 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.


India Glycols EBIT Related Terms

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India Glycols (BOM:500201) Business Description

Traded in Other Exchanges
Address
Plot No. 2B, Sector-126, District Gautam Budh Nagar, Noida, UP, IND, 201304
India Glycols Ltd is engaged in the manufacturing and marketing of chemicals. It offers Specialty chemicals, Ethyl Alcohol (Portable), Nutraceutical and herbal extraction, Natural Gum and its derivatives, and Industrial gases, among others. The company produces chemicals through agricultural route and manufactures ethoxylates and glycol ethers through molasses route. The demand for their products comes from the Pharmaceutical and Nutraceutical industries, Food industries, Textile industry, Automobile industry and Potable segment. The operating segments of the group are Industrial chemical; Ethyl Alcohol (Potable); and Nutraceutical, of which it derives key revenue from the Ethyl Alcohol (Potable) segment.

India Glycols (BOM:500201) Headlines

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