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Hindustan Composites (BOM:509635) EBIT : ₹451 Mil (TTM As of Dec. 2024)


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What is Hindustan Composites EBIT?

Hindustan Composites's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹135 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹451 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hindustan Composites's annualized ROC % for the quarter that ended in Dec. 2024 was 3.98%. Hindustan Composites's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 39.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hindustan Composites's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 7.52%.


Hindustan Composites EBIT Historical Data

The historical data trend for Hindustan Composites'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.

Hindustan Composites EBIT Chart

Hindustan Composites 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 89.70 236.70 247.86 326.80 426.66

Hindustan Composites Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 85.00 99.96 110.80 104.80 135.30

Competitive Comparison of Hindustan Composites's EBIT

For the Auto Parts subindustry, Hindustan Composites'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.


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

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

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


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Hindustan Composites 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹451 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.


Hindustan Composites  (BOM:509635) EBIT Explanation

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

Hindustan Composites's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=540.4 * ( 1 - 18.8% )/( (11026.8 + 0)/ 1 )
=438.8048/11026.8
=3.98 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=541.2/( ( (1360.1 + max(20.8, 0)) + (0 + max(0, 0)) )/ 1 )
=541.2/( ( 1380.9 + 0 )/ 1 )
=541.2/1380.9
=39.19 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(399.7 + 153.6 + 37.5) - (494.5 + 0 + 75.5)
=20.8

Working Capital(Q: Dec. 2024 )
=(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. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=450.864/5992.824
=7.52 %

* 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.


Hindustan Composites EBIT Related Terms

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Hindustan Composites Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 8th Floor, 801, Peninsula Business Park, ‘A’ Tower, Lower Parel, Mumbai, IND, 400013
Hindustan Composites Ltd is engaged in the business of manufacturing and marketing fiber-based friction materials. The company serves various industries, such as automotive, railways, engineering, mining, aerospace, steel, chemicals, oil exploration, and others. It offers friction materials such as Brake lining, Roll lining, Clutch facing, Disc Brake Pad, Brake Block, and others. It also offers industrial thrust bearing and insulation products comprising Millboard sheets, Millboard discs, and Competitors. Geographically, the group operates throughout the regions of India and derives revenue through the sale of its products. The group has two segments: Composite products and Investments. Composite product is the key revenue-generating segment.

Hindustan Composites Headlines

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