GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Starlite Components Ltd (BOM:517548) » Definitions » EBIT

Starlite Components (BOM:517548) EBIT : ₹106.52 Mil (TTM As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Starlite Components EBIT?

Starlite Components's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹-9.13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹106.52 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Starlite Components's annualized ROC % for the quarter that ended in Sep. 2024 was -171.91%. Starlite Components's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -274.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Starlite Components's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 140.75%.


Starlite Components EBIT Historical Data

The historical data trend for Starlite Components'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.

Starlite Components EBIT Chart

Starlite Components 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 -151.95 -12.35 -8.18 -7.22 103.60

Starlite Components 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 -1.31 6.92 99.74 8.99 -9.13

Competitive Comparison of Starlite Components's EBIT

For the Electrical Equipment & Parts subindustry, Starlite Components'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.


Starlite Components's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Starlite Components 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 ₹106.52 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.


Starlite Components  (BOM:517548) EBIT Explanation

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

Starlite Components'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 )
=-36.592 * ( 1 - -0.16% )/( (27.395 + 15.245)/ 2 )
=-36.6505472/21.32
=-171.91 %

where

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

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

Starlite Components'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 )
=-36.504/( ( (3.456 + max(14.555, 0)) + (3.4 + max(5.232, 0)) )/ 2 )
=-36.504/( ( 18.011 + 8.632 )/ 2 )
=-36.504/13.3215
=-274.02 %

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)
=(8.236 + 0.228 + 13.049) - (-1.736 + 0 + 8.694)
=14.555

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.114 + 0.228 + 11.906) - (5.198 + 0 + 5.818)
=5.232

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:

Starlite Components's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=106.516/75.679
=140.75 %

* 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.


Starlite Components EBIT Related Terms

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


Starlite Components Business Description

Traded in Other Exchanges
N/A
Address
MIDC Area, Plot No. F-108, Satpur, Nashik, MH, IND, 422 007
Starlite Components Ltd is an Indian company engaged in the manufacturing of electronic ballast and LED (Light Emitting Diode) products. It also manufactures lamp components and drivers, lighting fixtures, fittings, and LED lamps. The product line of the company includes a variety of LED lamps such as integrated spiral, integrated stick, non-integrated stick, CFL lamps, induction lamps, and incandescent lamps. The company also manufactures luminaires such as facades, floodlights, streetlights, underwater, bollard, and others. Its other products include accessories such as ballasts and igniters, drivers and transformers, LED modules, switches, and connectors.

Starlite Components Headlines

No Headlines