GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vedanta Ltd (BOM:500295) » Definitions » EBIT

Vedanta (BOM:500295) EBIT : ₹303,460 Mil (TTM As of Sep. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Vedanta EBIT?

Vedanta's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹103,000 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹303,460 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vedanta's annualized ROC % for the quarter that ended in Sep. 2024 was 10.34%. Vedanta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 33.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vedanta's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.12%.


Vedanta EBIT Historical Data

The historical data trend for Vedanta'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.

Vedanta EBIT Chart

Vedanta Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21,597.00 215,675.00 374,620.00 261,220.00 287,960.00

Vedanta Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 107,000.00 65,220.00 53,760.00 81,480.00 103,000.00

Competitive Comparison of Vedanta's EBIT

For the Other Industrial Metals & Mining subindustry, Vedanta'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.


Vedanta's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vedanta's EV-to-EBIT distribution charts can be found below:

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



Vedanta 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹303,460 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.


Vedanta  (BOM:500295) EBIT Explanation

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

Vedanta's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=285280 * ( 1 - 26.6% )/( (0 + 2024610)/ 1 )
=209395.52/2024610
=10.34 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Vedanta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=412000/( ( (0 + max(0, 0)) + (1233570 + max(-322040, 0)) )/ 1 )
=412000/( ( 0 + 1233570 )/ 1 )
=412000/1233570
=33.40 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41760 + 140560 + 64060) - (276970 + 0 + 291450)
=-322040

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=303460/2503851.383
=12.12 %

* 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.


Vedanta EBIT Related Terms

Thank you for viewing the detailed overview of Vedanta's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Vedanta Business Description

Traded in Other Exchanges
Address
Unit 103, Corporate Avenue, 1st Floor, C Wing, Atul Projects, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Vedanta Ltd is a diversified natural resource company engaged in exploring, extracting and processing minerals and oil and gas. It focused on zinc, lead, silver, aluminium, copper, iron ore, oil and gas, and commercial power. The company has operations across India, South Africa, Namibia, Ireland, and Australia. The company has five reportable segments: oil and gas, aluminium, copper, iron ore and power. It derives the majority of revenue from the aluminium segment.

Vedanta Headlines

No Headlines