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Simplex Castings (BOM:513472) EBIT : ₹163 Mil (TTM As of Sep. 2024)


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What is Simplex Castings EBIT?

Simplex Castings's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹163 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Simplex Castings's annualized ROC % for the quarter that ended in Sep. 2024 was 15.60%. Simplex Castings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 27.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Simplex Castings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.53%.


Simplex Castings EBIT Historical Data

The historical data trend for Simplex Castings'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.

Simplex Castings EBIT Chart

Simplex Castings 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 -483.41 107.18 94.85 -117.79 101.67

Simplex Castings 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 24.92 30.77 18.80 42.74 71.12

Competitive Comparison of Simplex Castings's EBIT

For the Metal Fabrication subindustry, Simplex Castings'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.


Simplex Castings's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Simplex Castings 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 ₹163 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.


Simplex Castings  (BOM:513472) EBIT Explanation

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

Simplex Castings'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 )
=278.488 * ( 1 - 25.2% )/( (0 + 1335.376)/ 1 )
=208.309024/1335.376
=15.60 %

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))
=1558.117 - 194.225 - ( 28.516 - max(0, 812.684 - 1013.346+28.516))
=1335.376

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

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

Simplex Castings'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 )
=284.484/( ( (0 + max(0, 0)) + (395.303 + max(651.763, 0)) )/ 1 )
=284.484/( ( 0 + 1047.066 )/ 1 )
=284.484/1047.066
=27.17 %

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)
=(234.913 + 603.11 + 146.807) - (194.225 + 0 + 138.842)
=651.763

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=163.422/2955.508
=5.53 %

* 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.


Simplex Castings EBIT Related Terms

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Simplex Castings Business Description

Traded in Other Exchanges
N/A
Address
G.E. Road, Plot No. 32, Shivnath Complex, Supela, Durg District, Bhilai, CT, IND, 490023
Simplex Castings Ltd is an India-based company operating in the steel castings industry. It manufactures and sells iron cast equipment, fabricated equipment, steel, SG iron, special alloy cast equipment, forging quality ingots, and other related products. It has only one reportable segment which is Manufacturing of SG lron, Steel, Special Alloy Castings, C.l. Castings and Equipments. The company serves various industrial sectors like steel, railways, power, mining, cement, sugar, chemicals, earthmovers, machine tools, shipbuilding, oil and gas, and defense. Also, the firm offers work contract services. Some of its products include Coke Oven Doors & Assemblies, Sinter & Pallet Cars, Railway bogies, and Mould. The group sells its products in India and also exports internationally.

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