JCT (BOM:500223) EBIT: ₹-832 Mil (TTM As of Jun. 2023)


BOM:500223 JCT Ltd BOM:500223
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Price ₹1.21
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What is JCT EBIT?

JCT BOM:500223 4 EBIT is ₹-832 Mil as of Jun. 2023. GuruFocus rates BOM:500223 with a GF Score™ of 4/100.

JCT's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2023 was ₹-275 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was ₹-832 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JCT's annualized ROC % for the quarter that ended in Jun. 2023 was -13.62%. JCT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -19.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JCT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -27.49%.

JCT  (BOM:500223) EBIT Explanation

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

JCT's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=-1153.6 * ( 1 - 0% )/( (8470.59 + 0)/ 1 )
=-1153.6/8470.59
=-13.62 %

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))
=8076.354 - 1661.416 - ( 2.83 - max(0, 4423.663 - 2368.011+2.83))
=8470.59

Invested Capital(Q: Jun. 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 (Jun. 2023) data.

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

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

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1098.8/( ( (5626.583 + max(-427.166, 0)) + (0 + max(0, 0)) )/ 1 )
=-1098.8/( ( 5626.583 + 0 )/ 1 )
=-1098.8/5626.583
=-19.53 %

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)
=(327.758 + 1504.439 + 482.664) - (1661.416 + 0 + 1080.611)
=-427.166

Working Capital(Q: Jun. 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 (Jun. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=-831.819/3026.098
=-27.49 %

* 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.

JCT EBIT Related Terms

JCT EBIT Historical Data

* Premium members only.

The historical data trend for JCT'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.

JCT EBIT Chart

JCT 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 105.95 -64.05 565.41 549.28 -483.12

JCT Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 74.00 -147.10 -81.50 -328.52 -274.70

BOM:500223 vs AIN: EBIT Comparison

For the Textile Manufacturing subindustry, JCT'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.

JCT EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JCT's EV-to-EBIT distribution charts can be found below:

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


BOM:500223
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JCT Ltd BOM:500223
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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JCT 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-832 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹-832 Mil mean?
JCT (BOM:500223) has a EBIT of ₹-832 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on JCT.
Is JCT's EBIT too high?
JCT's current EBIT is ₹-832 Mil. Overall, JCT has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does JCT's EBIT compare to AIN?
JCT's EBIT of ₹-832 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Manufacturing - Apparel & Accessories company?
A good EBIT depends on the Manufacturing - Apparel & Accessories industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on JCT. JCT's current EBIT is ₹-832 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JCT stock overvalued right now?
JCT (BOM:500223) has a current EBIT of ₹-832 Mil. The current EBIT is ₹-832 Mil. JCT's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For JCT (BOM:500223), the current EBIT is ₹-832 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

JCT Business Description

Address 601, Prabhat Kiran, 17th Rajendra Place, New Delhi, IND, 110008
JCT Ltd is engaged in the manufacture of textiles and man-made fibers (nylon filament yarns). The company operates through two segments: Textiles and Filament yarn. The products considered as a part of the Textile segment are cloth and yarn and the products considered as a part of the Filament segment are nylon yarn and chips. The company generates maximum revenue from the Textile segment.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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