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Ador Welding (BOM:517041) EBIT : ₹954 Mil (TTM As of Jun. 2024)


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What is Ador Welding EBIT?

Ador Welding's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₹216 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₹954 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ador Welding's annualized ROC % for the quarter that ended in Jun. 2024 was 12.79%. Ador Welding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 25.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ador Welding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 5.14%.


Ador Welding EBIT Historical Data

The historical data trend for Ador Welding'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.

Ador Welding EBIT Chart

Ador Welding 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 387.70 -76.50 619.30 814.70 895.70

Ador Welding Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 157.50 270.70 203.30 264.20 215.70

Competitive Comparison of Ador Welding's EBIT

For the Specialty Industrial Machinery subindustry, Ador Welding'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.


Ador Welding's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Ador Welding 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹954 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.


Ador Welding  (BOM:517041) EBIT Explanation

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

Ador Welding's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=699.2 * ( 1 - 25.6% )/( (4066.6 + 0)/ 1 )
=520.2048/4066.6
=12.79 %

where

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

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

Ador Welding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=862.8/( ( (1460.3 + max(1907.5, 0)) + (0 + max(0, 0)) )/ 1 )
=862.8/( ( 3367.8 + 0 )/ 1 )
=862.8/3367.8
=25.62 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1504.5 + 1223.8 + 242.4) - (920.7 + 0 + 142.5)
=1907.5

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

When net working capital is negative, 0 is used.

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

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

Ador Welding's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=953.9/18567.672
=5.14 %

* 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.


Ador Welding EBIT Related Terms

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Ador Welding Business Description

Traded in Other Exchanges
Address
Ador House, 6, K. Dubash Marg, Fort, 4th Floor, Mumbai, MH, IND, 400001
Ador Welding Ltd is a welding and cutting solution provider company offering welding consumables, and equipment, automation solutions, and skill development. The strategic business units are welding electrodes, wires and fluxes, welding and cutting equipment, gas cutting, PPE and accessories and CNC machines, project engineering solutions, and welding automation. Its business segments are Consumables; Equipment and automation and Flares and Process Equipment. The company generates maximum revenue from the Consumables segment.

Ador Welding Headlines

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