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Shivalik Bimetal Controls (BOM:513097) EBIT : ₹1,167 Mil (TTM As of Mar. 2024)


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What is Shivalik Bimetal Controls EBIT?

Shivalik Bimetal Controls's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹345 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,167 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shivalik Bimetal Controls's annualized ROC % for the quarter that ended in Mar. 2024 was 16.15%. Shivalik Bimetal Controls's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 43.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shivalik Bimetal Controls's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.83%.


Shivalik Bimetal Controls EBIT Historical Data

The historical data trend for Shivalik Bimetal Controls'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.

Shivalik Bimetal Controls EBIT Chart

Shivalik Bimetal Controls 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 188.25 350.66 744.86 1,093.50 1,166.84

Shivalik Bimetal Controls 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 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 254.92 292.15 286.74 242.61 345.34

Competitive Comparison of Shivalik Bimetal Controls's EBIT

For the Metal Fabrication subindustry, Shivalik Bimetal Controls'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.


Shivalik Bimetal Controls's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Shivalik Bimetal Controls 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 ₹1,167 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.


Shivalik Bimetal Controls  (BOM:513097) EBIT Explanation

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

Shivalik Bimetal Controls'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 )
=747.476 * ( 1 - 23.09% )/( (0 + 3559.946)/ 1 )
=574.8837916/3559.946
=16.15 %

where

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))
=4427.662 - 391.178 - ( 476.538 - max(0, 821.932 - 2949.168+476.538))
=3559.946

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

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

Shivalik Bimetal Controls'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 )
=1381.344/( ( (0 + max(0, 0)) + (1255.952 + max(1951.693, 0)) )/ 1 )
=1381.344/( ( 0 + 3207.645 )/ 1 )
=1381.344/3207.645
=43.06 %

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)
=(1137.432 + 1279.418 + 55.78) - (391.178 + 0 + 129.759)
=1951.693

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:

Shivalik Bimetal Controls's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1166.843/30498.643
=3.83 %

* 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.


Shivalik Bimetal Controls EBIT Related Terms

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Shivalik Bimetal Controls (BOM:513097) Business Description

Traded in Other Exchanges
Address
H-2, Suneja Chambers, 2nd Floor, Alaknanda Commercial Complex, Kalkaji, New Delhi, IND, 110019
Shivalik Bimetal Controls Ltd is an integrated manufacturer and seller of thermostatic bimetal/tri-metal strips, component, EB welded products, cold bonded bimetal strips, and parts. Company has single segment i.e. Process and Product Engineering. It specializes in the joining of material through various methods such as diffusion bonding/cladding, electron beam welding, solder reflow, and resistance welding. The company caters to various industries applications which include Electronics, Automotive, Domestic Appliances, Industrial, Medical, Defence and Agriculture and Animal Husbandry Appliances. Geographically, it derives a majority of revenue from Rest of the world.

Shivalik Bimetal Controls (BOM:513097) Headlines

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