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Futuristic Securities (BOM:523113) EBIT : ₹-0.85 Mil (TTM As of Sep. 2024)


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What is Futuristic Securities EBIT?

Futuristic Securities's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹0.15 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-0.85 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Futuristic Securities's annualized ROC % for the quarter that ended in Sep. 2024 was -5.06%. Futuristic Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 55.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Futuristic Securities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.40%.


Futuristic Securities EBIT Historical Data

The historical data trend for Futuristic Securities'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.

Futuristic Securities EBIT Chart

Futuristic Securities 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 -0.17 -0.20 -0.26 -1.01 -2.00

Futuristic Securities 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 -0.12 0.17 -1.29 0.12 0.15

Competitive Comparison of Futuristic Securities's EBIT

For the Capital Markets subindustry, Futuristic Securities'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.


Futuristic Securities's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Futuristic Securities's EV-to-EBIT distribution charts can be found below:

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



Futuristic Securities 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 ₹-0.85 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.


Futuristic Securities  (BOM:523113) EBIT Explanation

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

Futuristic Securities'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 )
=-0.696 * ( 1 - 0% )/( (0 + 13.752)/ 1 )
=-0.696/13.752
=-5.06 %

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:

Futuristic Securities'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 )
=0.604/( ( (0 + max(0, 0)) + (0.104 + max(0.979, 0)) )/ 1 )
=0.604/( ( 0 + 1.083 )/ 1 )
=0.604/1.083
=55.77 %

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)
=(0 + 0 + 1.029) - (0.048 + 0 + 0.002)
=0.979

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:

Futuristic Securities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=-0.846/60.522
=-1.40 %

* 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.


Futuristic Securities EBIT Related Terms

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Futuristic Securities Business Description

Traded in Other Exchanges
N/A
Address
Lady Jamshedji Road, 202, Ashford Chambers, Mahim (West), Mumbai, MH, IND, 400016
Futuristic Securities Ltd is a non-banking financial company, which engages in the business of investment and trading in shares and securities and giving loans. The firm is involved in transactions in shares and securities, loans and advances, brokerage and commission.

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