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Siyaram Silk Mills (BOM:503811) EBIT : ₹2,866 Mil (TTM As of Dec. 2023)


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What is Siyaram Silk Mills EBIT?

Siyaram Silk Mills's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹658 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹2,866 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Siyaram Silk Mills's annualized ROC % for the quarter that ended in Dec. 2023 was 11.58%. Siyaram Silk Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 20.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Siyaram Silk Mills's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.34%.


Siyaram Silk Mills EBIT Historical Data

The historical data trend for Siyaram Silk Mills'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.

Siyaram Silk Mills EBIT Chart

Siyaram Silk Mills 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 2,005.91 1,278.20 332.01 3,081.74 3,501.64

Siyaram Silk Mills 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 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 737.60 1,175.24 172.30 860.50 658.20

Competitive Comparison of Siyaram Silk Mills's EBIT

For the Textile Manufacturing subindustry, Siyaram Silk Mills'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.


Siyaram Silk Mills's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Siyaram Silk Mills 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 ₹2,866 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.


Siyaram Silk Mills  (BOM:503811) EBIT Explanation

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

Siyaram Silk Mills'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 )
=2189.2 * ( 1 - 26.19% )/( (13956.1 + 0)/ 1 )
=1615.84852/13956.1
=11.58 %

where

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

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

Siyaram Silk Mills'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 )
=2632.8/( ( (4631.6 + max(7910.5, 0)) + (0 + max(0, 0)) )/ 1 )
=2632.8/( ( 12542.1 + 0 )/ 1 )
=2632.8/12542.1
=20.99 %

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)
=(4451.8 + 4529.5 + 1479.7) - (1895.8 + 0 + 654.7)
=7910.5

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:

Siyaram Silk Mills's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2866.241/21490.799
=13.34 %

* 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.


Siyaram Silk Mills EBIT Related Terms

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Siyaram Silk Mills (BOM:503811) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, B-5, Trade World, Kamala City, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Siyaram Silk Mills Ltd is an Indian company that is engaged in the manufacturing of suiting and shirting fabrics and readymade garments. It sells its products under the brand name Cadini, Siyaram's, Oxemberg, and others. The company produces fashionable curtains and upholstery fabrics under the Casa Moda brand. The company operates a chain of retail outlets across India The company earns its revenue from the textile business.

Siyaram Silk Mills (BOM:503811) Headlines

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