International Conveyors (BOM:509709) EBIT : ₹860 Mil (TTM As of Mar. 2024)

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What is International Conveyors EBIT?

International Conveyors's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹860 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. International Conveyors's annualized ROC % for the quarter that ended in Mar. 2024 was 2.11%. International Conveyors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 110.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. International Conveyors's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.22%.

International Conveyors EBIT Historical Data

The historical data trend for International Conveyors'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.

International Conveyors EBIT Chart

International Conveyors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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125.71

265.58

309.70

410.90

859.80

International Conveyors Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															126.10	199.10	305.90	257.40	97.40

Competitive Comparison of International Conveyors's EBIT

For the Specialty Industrial Machinery subindustry, International Conveyors'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.

International Conveyors's EV-to-EBIT Distribution in the Industrial Products Industry

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

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

International Conveyors 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹860 Mil.

International Conveyors (BOM:509709) EBIT Explanation

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

International Conveyors's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	63.2 * ( 1 - 20.65% )	/	( (0	+	2373.4)	/ 1 )
=	50.1492	/	2373.4
=	2.11 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Mar. 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	))
=	4392.4	-	207.1	-	( 1811.9	-	max(0, 1563.9	-	3456.6	+	1811.9	))
=	2373.4

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

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

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

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	389.6	/	( ( (0 + max(0, 0))	+	(139.3 + max(214.4, 0)) )	/	1 )
=	389.6	/	( ( 0	+	353.7 )	/	1 )
=	389.6	/	353.7
=	110.15 %

where Working Capital is:

	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

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(206.6	+	287.8	+	37.7)	-	(207.1	+	0	+	110.6)
=	214.4

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	859.8	/	4474.364
	=	19.22 %

International Conveyors EBIT Related Terms

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International Conveyors (BOM:509709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » International Conveyors Ltd (BOM:509709) » Definitions » EBIT

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Traded in Other Exchanges

INTLCONV:India

Address

10, Middleton Row, Kolkata, WB, IND, 700071

Website

https://www.iclbelting.com

International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting; trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories; and generation and sale of power. It manufactures and distributes PVC fire resistant antistatic solid woven coal conveyor belt. The company operates its business through the segments of Conveyor Belting, Wind Energy, and Trading Goods segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.

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