GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GRP Ltd (BOM:509152) » Definitions » EBIT

GRP (BOM:509152) EBIT : ₹394 Mil (TTM As of Sep. 2024)


View and export this data going back to 1992. Start your Free Trial

What is GRP EBIT?

GRP's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹394 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GRP's annualized ROC % for the quarter that ended in Sep. 2024 was 4.73%. GRP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GRP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.09%.


GRP EBIT Historical Data

The historical data trend for GRP'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.

GRP EBIT Chart

GRP 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 18.90 50.05 113.69 211.72 367.04

GRP 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 85.21 76.24 162.89 94.11 60.74

Competitive Comparison of GRP's EBIT

For the Auto Parts subindustry, GRP'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.


GRP's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GRP's EV-to-EBIT distribution charts can be found below:

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



GRP 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 ₹394 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.


GRP  (BOM:509152) EBIT Explanation

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

GRP'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 )
=233.336 * ( 1 - 35.59% )/( (0 + 3176.98)/ 1 )
=150.2917176/3176.98
=4.73 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=3485.387 - 228.514 - ( 79.893 - max(0, 1418.315 - 1601.16+79.893))
=3176.98

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

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

GRP'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 )
=242.964/( ( (0 + max(0, 0)) + (1670.062 + max(1031.973, 0)) )/ 1 )
=242.964/( ( 0 + 2702.035 )/ 1 )
=242.964/2702.035
=8.99 %

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)
=(912.646 + 481.152 + 127.469) - (228.514 + 0 + 260.78)
=1031.973

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=393.969/18862.284
=2.09 %

* 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.


GRP EBIT Related Terms

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


GRP Business Description

Traded in Other Exchanges
Address
Kirol Road, Off. L.B. Shastri Marg, 510, A Wing, Kohinoor City Commercial I, Kurla (West), Mumbai, MH, IND, 400 070
GRP Ltd is an investment holding company. It is a manufacturer of reclaimed rubber from used tires, upscaled polyamide from nylon waste, and engineered products. The operating segments of the company include Reclaim Rubber and Others. It generates maximum revenue from the Reclaim Rubber segment. Reclaim Rubber segment includes the production and marketing of Reclaim rubber products. The Others segment includes Windmills, Custom Die Forms, Engineering Plastics, and Polymer Composite Products.

GRP Headlines

No Headlines