Lakshmi Energy & Foods (BOM:519570) EBIT: ₹-8,776 Mil (TTM As of Dec. 2018)

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

What is Lakshmi Energy & Foods EBIT?

Lakshmi Energy & Foods BOM:519570 EBIT is ₹-8,776 Mil as of Dec. 2018.

Lakshmi Energy & Foods's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2018 was ₹-5,391 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2018 was ₹-8,776 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Lakshmi Energy & Foods's annualized ROC % for the quarter that ended in Dec. 2018 was -115.97%. Lakshmi Energy & Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -126.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Lakshmi Energy & Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2018 was -4,414.34%.

Lakshmi Energy & Foods (BOM:519570) EBIT Explanation

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

Lakshmi Energy & Foods's annualized ROC % for the quarter that ended in Dec. 2018 is calculated as:

	ROC % (Q: Dec. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2018 )	+	Invested Capital (Q: Dec. 2018 ))	/ count )
=	-21563.2 * ( 1 - 0.19% )	/	( (18558.29	+	0)	/ 1 )
=	-21522.22992	/	18558.29
=	-115.97 %

where

	Invested Capital		(Q: Sep. 2018 )
=	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	))
=	18641.35	-	70.3	-	( 12.76	-	max(0, 4505.46	-	9380.94	+	12.76	))
=	18558.29

	Invested Capital		(Q: Dec. 2018 )
=	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data.

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

Lakshmi Energy & Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2018 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2018 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2018		Q: Dec. 2018
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-21563.24	/	( ( (7771.21 + max(9237.8, 0))	+	(0 + max(0, 0)) )	/	1 )
=	-21563.24	/	( ( 17009.01	+	0 )	/	1 )
=	-21563.24	/	17009.01
=	-126.78 %

where Working Capital is:

	Working Capital		(Q: Sep. 2018 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3930.73	+	5397.62	+	39.83)	-	(70.3	+	0	+	60.08)
=	9237.8

	Working Capital		(Q: Dec. 2018 )
=	(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. 2018) EBIT data.

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

Lakshmi Energy & Foods's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2018 )
	=	-8775.75	/	198.801
	=	-4,414.34 %

* 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.

Lakshmi Energy & Foods EBIT Related Terms

Lakshmi Energy & Foods EBIT Historical Data

* Premium members only.

The historical data trend for Lakshmi Energy & Foods's EBIT can be seen below:

Lakshmi Energy & Foods EBIT Chart

Lakshmi Energy & Foods Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Mar15

Mar16

Mar17

Mar18

EBIT

Get a 7-Day Free Trial

1,305.56

-3,365.08

154.11

1,139.27

-2,925.57

Lakshmi Energy & Foods Quarterly Data
	Dec13	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
EBIT	Get a 7-Day Free Trial															88.12	-3,270.94	-52.53	-61.47	-5,390.81

BOM:519570 vs YEWB: EBIT Comparison

For the Farm Products subindustry, Lakshmi Energy & Foods'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.

Lakshmi Energy & Foods EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lakshmi Energy & Foods's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lakshmi Energy & Foods's EV-to-EBIT falls into.

Save Embed

Lakshmi Energy & Foods 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-8,776 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ₹-8,776 Mil mean?

Lakshmi Energy & Foods (BOM:519570) has a EBIT of ₹-8,776 Mil as of Dec. 2018. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lakshmi Energy & Foods.

Is Lakshmi Energy & Foods' EBIT too high?

Lakshmi Energy & Foods' current EBIT is ₹-8,776 Mil.

How does Lakshmi Energy & Foods' EBIT compare to YEWB?

Lakshmi Energy & Foods' EBIT of ₹-8,776 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Consumer Packaged Goods company?

A good EBIT depends on the Consumer Packaged Goods industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Lakshmi Energy & Foods. Lakshmi Energy & Foods's current EBIT is ₹-8,776 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Lakshmi Energy & Foods stock overvalued right now?

Lakshmi Energy & Foods (BOM:519570) has a current EBIT of ₹-8,776 Mil. The current EBIT is ₹-8,776 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Lakshmi Energy & Foods (BOM:519570), the current EBIT is ₹-8,776 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lakshmi Energy & Foods Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies BOM:535204 NSE:SHANTI BOM:519238 MIC:RUGR BOM:519494 BOM:538019 BOM:539854 BOM:541005 ROCO:8465 BOM:519566 BOM:519359 LSE:AAAP BOM:530959 BOM:512217 XCNQ:AFI BOM:500422 YEWB BOM:526473 TSXV:IGP BOM:537292

Address Ludhiana - Chandigarh National Highway, Khamanon, Fatehgarh Sahib, PB, IND, 141801

Website http://www.lakshmigroup.in

Lakshmi Energy & Foods Ltd is a holding company. The company is a rice producer. It is engaged in the agri-business and food processing. Lakshmi Energy & Foods operates through two segments: Agri-based and Energy. The company is involved processing of rice of various varieties and grades, edible oil and whole wheat flour. It is engaged in the handling, storage, and transportation of food grains. It offers rice in categories, such as basmati, including Lazeez, Afreen, Supreme Delight, Royal Brilliance and Everyday Active, and non-basmati.