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SNL Bearings (BOM:505827) EBIT : ₹125.2 Mil (TTM As of Sep. 2024)


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What is SNL Bearings EBIT?

SNL Bearings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹34.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹125.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SNL Bearings's annualized ROC % for the quarter that ended in Sep. 2024 was 24.59%. SNL Bearings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 48.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SNL Bearings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.24%.


SNL Bearings EBIT Historical Data

The historical data trend for SNL Bearings'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.

SNL Bearings EBIT Chart

SNL Bearings 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 55.60 84.40 117.70 111.40 107.40

SNL Bearings 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 28.90 26.40 29.90 34.40 34.50

Competitive Comparison of SNL Bearings's EBIT

For the Tools & Accessories subindustry, SNL Bearings'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.


SNL Bearings's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SNL Bearings's EV-to-EBIT distribution charts can be found below:

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



SNL Bearings 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 ₹125.2 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.


SNL Bearings  (BOM:505827) EBIT Explanation

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

SNL Bearings'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 )
=110.8 * ( 1 - 25.51% )/( (0 + 335.6)/ 1 )
=82.53492/335.6
=24.59 %

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:

SNL Bearings'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 )
=138/( ( (0 + max(0, 0)) + (147.1 + max(137.7, 0)) )/ 1 )
=138/( ( 0 + 284.8 )/ 1 )
=138/284.8
=48.46 %

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)
=(80.1 + 113.3 + 9.5) - (35.8 + 0 + 29.4)
=137.7

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=125.2/1113.447
=11.24 %

* 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.


SNL Bearings EBIT Related Terms

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SNL Bearings Business Description

Traded in Other Exchanges
N/A
Address
Dhannur, 15, Sir P.M. Road, Fort, Mumbai, MH, IND, 400 001
SNL Bearings Ltd is engaged in the manufacturing and marketing of anti-friction bearing products. The company manufactures a wide range of needle roller bearings for automotive applications to serve OEMs (original equipment manufacturers) in India and overseas. Its products include a small end cage, full complement shell, cage guided shell, needle roller, and others. Geographically, it derives a majority of its revenue from India.

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