GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pitti Engineering Ltd (BOM:513519) » Definitions » EBIT

Pitti Engineering (BOM:513519) EBIT : ₹2,059 Mil (TTM As of Sep. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Pitti Engineering EBIT?

Pitti Engineering's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹719 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹2,059 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pitti Engineering's annualized ROC % for the quarter that ended in Sep. 2024 was 9.52%. Pitti Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 25.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pitti Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.03%.


Pitti Engineering EBIT Historical Data

The historical data trend for Pitti Engineering'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.

Pitti Engineering EBIT Chart

Pitti Engineering 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 435.62 635.57 1,008.18 1,114.63 1,622.39

Pitti Engineering 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 439.60 328.10 563.98 448.69 718.68

Competitive Comparison of Pitti Engineering's EBIT

For the Metal Fabrication subindustry, Pitti Engineering'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.


Pitti Engineering's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Pitti Engineering 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 ₹2,059 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.


Pitti Engineering  (BOM:513519) EBIT Explanation

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

Pitti Engineering'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 )
=1839.04 * ( 1 - 28.49% )/( (0 + 13813.138)/ 1 )
=1315.097504/13813.138
=9.52 %

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))
=18405.823 - 3171.886 - ( 1420.799 - max(0, 6171.981 - 8441.541+1420.799))
=13813.138

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

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

Pitti Engineering'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 )
=2874.708/( ( (0 + max(0, 0)) + (7939.879 + max(3414.014, 0)) )/ 1 )
=2874.708/( ( 0 + 11353.893 )/ 1 )
=2874.708/11353.893
=25.32 %

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)
=(2489.155 + 3214.524 + 1317.063) - (3171.886 + 0 + 434.842)
=3414.014

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2059.451/51161.109
=4.03 %

* 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.


Pitti Engineering EBIT Related Terms

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


Pitti Engineering Business Description

Traded in Other Exchanges
Address
Padmaja Landmark, 6-3-648/401, 4th Floor, Somajiguda, Hyderabad, TG, IND, 500082
Pitti Engineering Ltd is a company engaged in the manufacture of special-purpose laminations of all types of rotating electrical machinery. It is also into manufacturing electrical steel laminations, motor cores, sub-assemblies, die-cast rotors, and press tools. The company's products have applications in industrial motors, alternators, hydroelectric and thermal power generators, wind power generators, DC machines, railway traction motors, pumps, medical diagnostic equipment, and aeronautic wing control motors. It sells its products both in domestic and international markets and generates maximum revenue from India.

Pitti Engineering Headlines

No Headlines