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Zodiac Energy (NSE:ZODIACSMN) EBIT : ₹132 Mil (TTM As of Dec. 2023)


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What is Zodiac Energy EBIT?

Zodiac Energy's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹50 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹132 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Zodiac Energy's annualized ROC % for the quarter that ended in Dec. 2023 was 17.23%. Zodiac Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 34.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Zodiac Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.46%.


Zodiac Energy EBIT Historical Data

The historical data trend for Zodiac Energy'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.

Zodiac Energy EBIT Chart

Zodiac Energy 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 45.92 47.67 65.69 88.12 69.96

Zodiac Energy Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 22.76 29.93 23.21 28.69 50.38

Competitive Comparison of Zodiac Energy's EBIT

For the Solar subindustry, Zodiac Energy'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.


Zodiac Energy's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zodiac Energy's EV-to-EBIT distribution charts can be found below:

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



Zodiac Energy 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 ₹132 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.


Zodiac Energy  (NSE:ZODIACSMN) EBIT Explanation

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

Zodiac Energy'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 )
=194.404 * ( 1 - 28.56% )/( (806.156 + 0)/ 1 )
=138.8822176/806.156
=17.23 %

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))
=923.454 - 55.282 - ( 62.016 - max(0, 418.845 - 749.107+62.016))
=806.156

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

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

Zodiac Energy'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 )
=201.536/( ( (31.272 + max(546.416, 0)) + (0 + max(0, 0)) )/ 1 )
=201.536/( ( 577.688 + 0 )/ 1 )
=201.536/577.688
=34.89 %

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)
=(252.15 + 242.41 + 192.531) - (55.282 + 0 + 85.393)
=546.416

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:

Zodiac Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=132.219/9046.689
=1.46 %

* 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.


Zodiac Energy EBIT Related Terms

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Zodiac Energy (NSE:ZODIACSMN) Business Description

Traded in Other Exchanges
Address
Drive-In-Road, 4-5-6 Upper Ground Floor, Milestone Building, Near Khodiyar Restaurant, Near Drive-In Cinema, Thaltej, Ahmedabad, GJ, IND, 380054
Zodiac Energy Ltd operates as an energy solution provider company in India. It installs power generation plants. It is engaged in the design, supply, installation, testing, commissioning, operation, and maintenance of solar power equipment. Its products include solar photovoltaic rooftop solutions, Concentrating Solar Power Systems, solar photovoltaic solar pumping solutions, solar thermal solar water heater solutions, and many more. The company primarily operates in the segment of sale of solar-based power plants and related items. The company's services include Building Integrated Photovoltaics (BIPV) systems, emerging technologies, and co-generation power plants.

Zodiac Energy (NSE:ZODIACSMN) Headlines

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