Bhatia Communications & Retail (India) (BOM:540956) EBIT

: ₹155 Mil (TTM As of Dec. 2023)

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Bhatia Communications & Retail (India)'s earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹39 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹155 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bhatia Communications & Retail (India)'s annualized ROC % for the quarter that ended in Dec. 2023 was 12.33%. Bhatia Communications & Retail (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 26.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bhatia Communications & Retail (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.40%.

Bhatia Communications & Retail (India) EBIT Historical Data

The historical data trend for Bhatia Communications & Retail (India)'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.

Bhatia Communications & Retail (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

73.07

80.60

60.88

75.22

121.84

Bhatia Communications & Retail (India) Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT																39.94	30.11	50.67	35.56	38.85

Competitive Comparison

For the Electronics & Computer Distribution subindustry, Bhatia Communications & Retail (India)'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.

Bhatia Communications & Retail (India) EV-to-EBIT Distribution

For the Hardware industry and Technology sector, Bhatia Communications & Retail (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bhatia Communications & Retail (India)'s EV-to-EBIT falls into.

Bhatia Communications & Retail (India) 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 ₹155 Mil.

Bhatia Communications & Retail (India) (BOM:540956) EBIT Explanation

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

Bhatia Communications & Retail (India)'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 )
=	146.504 * ( 1 - 25.22% )	/	( (888.304	+	0)	/ 1 )
=	109.5556912	/	888.304
=	12.33 %

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	))
=	1085.085	-	83.044	-	( 113.737	-	max(0, 348.134	-	779.794	+	113.737	))
=	888.304

	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:

Bhatia Communications & Retail (India)'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 )
=	155.392	/	( ( (81.319 + max(514.039, 0))	+	(0 + max(0, 0)) )	/	1 )
=	155.392	/	( ( 595.358	+	0 )	/	1 )
=	155.392	/	595.358
=	26.10 %

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)
=	(90.285	+	527.694	+	-0.00099999999997635)	-	(83.044	+	0	+	20.895)
=	514.039

	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:

Bhatia Communications & Retail (India)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	155.18	/	2875.383
	=	5.40 %

Bhatia Communications & Retail (India) EBIT Related Terms

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Bhatia Communications & Retail (India) (BOM:540956) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bhatia Communications & Retail (India) Ltd (BOM:540956) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ring Road, 132, Dr. Ambedkar Shopping Centre, Surat, GJ, IND, 395002

Website

https://www.bhatiamobile.com

Bhatia Communications & Retail (India) Ltd is the distributor of mobile handsets and accessories. The firm is engaged in the retail and wholesale distribution of mobile handsets, tablets, data cards and mobile accessories through retail and franchised stores. The business segment includes: It is a growth-oriented company selling multi-product brands that also operates under stores and sells electronic appliances such as television, refrigerators, air conditioners, coolers, washing machines, and microwaves. Bhatia Communications markets and sells its product under the brands: Apple iPhone, Samsung, OPPO, VIVO, etc. Substantial revenue accrues from owned retail stores. It also offers technical expertise and guide to customers to buy the right product as per their needs.

Bhatia Communications & Retail (India) (BOM:540956) Headlines

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