GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sharda Ispat Ltd (BOM:513548) » Definitions » EBIT

Sharda Ispat (BOM:513548) EBIT : ₹151 Mil (TTM As of Dec. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Sharda Ispat EBIT?

Sharda Ispat's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹151 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sharda Ispat's annualized ROC % for the quarter that ended in Dec. 2024 was 12.32%. Sharda Ispat's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 39.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sharda Ispat's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 8.59%.


Sharda Ispat EBIT Historical Data

The historical data trend for Sharda Ispat'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.

Sharda Ispat EBIT Chart

Sharda Ispat 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 56.89 53.75 47.97 62.00 201.54

Sharda Ispat 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 50.97 52.58 43.30 9.29 45.95

Competitive Comparison of Sharda Ispat's EBIT

For the Steel subindustry, Sharda Ispat'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.


Sharda Ispat's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sharda Ispat's EV-to-EBIT distribution charts can be found below:

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



Sharda Ispat 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 ₹151 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.


Sharda Ispat  (BOM:513548) EBIT Explanation

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

Sharda Ispat'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 )
=136.8 * ( 1 - 25.62% )/( (825.927 + 0)/ 1 )
=101.75184/825.927
=12.32 %

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:

Sharda Ispat'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 )
=183.808/( ( (21.142 + max(442.837, 0)) + (0 + max(0, 0)) )/ 1 )
=183.808/( ( 463.979 + 0 )/ 1 )
=183.808/463.979
=39.62 %

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)
=(105.495 + 320.234 + 41.677) - (11.644 + 0 + 12.925)
=442.837

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:

Sharda Ispat's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=151.117/1759.088
=8.59 %

* 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.


Sharda Ispat EBIT Related Terms

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


Sharda Ispat Business Description

Traded in Other Exchanges
N/A
Address
Hill Road, DA-Rock, Plot No. 230, 6th Floor, Shivaji Nagar, Nagpur, MH, IND, 440010
Sharda Ispat Ltd is engaged in the iron and steel business. It manufactures alloy, carbon, and spring steel rolled products to the various automobile OEM component manufacturer, as well as forging and bright bar industries. Its product offerings comprise Flats, Round Bars, and Square Bars. The majority of revenue comes from India.

Sharda Ispat Headlines

No Headlines