ELANTAS Beck India (BOM:500123) EBIT : ₹1,842 Mil (TTM As of Dec. 2023)

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What is ELANTAS Beck India EBIT?

ELANTAS Beck India's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹493 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹1,842 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ELANTAS Beck India's annualized ROC % for the quarter that ended in Dec. 2023 was 45.64%. ELANTAS Beck India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 145.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ELANTAS Beck India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.33%.

ELANTAS Beck India EBIT Historical Data

The historical data trend for ELANTAS Beck 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.

ELANTAS Beck India EBIT Chart

ELANTAS Beck India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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641.26

804.32

916.27

1,297.49

1,841.94

ELANTAS Beck India 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															355.74	405.35	475.65	467.82	493.12

Competitive Comparison of ELANTAS Beck India's EBIT

For the Specialty Chemicals subindustry, ELANTAS Beck 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.

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

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

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

ELANTAS Beck 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 ₹1,842 Mil.

ELANTAS Beck India (BOM:500123) EBIT Explanation

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

ELANTAS Beck 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 )
=	1198.4 * ( 1 - 24.66% )	/	( (0	+	1978.294)	/ 1 )
=	902.87456	/	1978.294
=	45.64 %

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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	8805.257	-	1072.847	-	( 5754.116	-	max(0, 1239.673	-	7589.68	+	5754.116	))
=	1978.294

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

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

ELANTAS Beck 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 )
=	1972.46	/	( ( (0 + max(0, 0))	+	(777.593 + max(577.232, 0)) )	/	1 )
=	1972.46	/	( ( 0	+	1354.825 )	/	1 )
=	1972.46	/	1354.825
=	145.59 %

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)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1020.349	+	732.39	+	64.166)	-	(1072.847	+	0	+	166.826)
=	577.232

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	1841.935	/	79018.173
	=	2.33 %

ELANTAS Beck India EBIT Related Terms

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ELANTAS Beck India (BOM:500123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ELANTAS Beck India Ltd (BOM:500123) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

147, Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411 018

Website

https://www.elantas.com/beck-india

ELANTAS Beck India Ltd is engaged in producing insulating materials for the electrical and electronics industry. The company's operating segment include Electrical Insulations, and Engineering and Electronic Resins and Materials. It generates maximum revenue from the Electrical Insulations segment. The Electrical Insulation System business line comprises three product groups: wire enamels, insulating varnishes and resins, and casting and potting compounds. Geographically, it derives a majority of revenue from India.

ELANTAS Beck India (BOM:500123) Headlines

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