Sturdy Industries (BOM:530611) EBIT: ₹-41.10 Mil (TTM As of Jun. 2024)


BOM:530611 Sturdy Industries Ltd BOM:530611
4 GF Score
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What is Sturdy Industries EBIT?

Sturdy Industries BOM:530611 4 EBIT is ₹-41.10 Mil as of Jun. 2024. GuruFocus rates BOM:530611 with a GF Score™ of 4/100.

Sturdy Industries's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₹-2.40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-41.10 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sturdy Industries's annualized ROC % for the quarter that ended in Jun. 2024 was -0.36%. Sturdy Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -2.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sturdy Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -2.28%.

Sturdy Industries  (BOM:530611) EBIT Explanation

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

Sturdy Industries'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 )
=-9.6 * ( 1 - 0% )/( (2664 + 0)/ 1 )
=-9.6/2664
=-0.36 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=1088.7 - 13.2 - ( 1.9 - max(0, 1777.9 - 189.4+1.9))
=2664

Invested Capital(Q: Jun. 2024 )
=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 (Jun. 2024) data.

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

Sturdy Industries'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 )
=-9.6/( ( (246 + max(173.3, 0)) + (0 + max(0, 0)) )/ 1 )
=-9.6/( ( 419.3 + 0 )/ 1 )
=-9.6/419.3
=-2.29 %

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)
=(186.6 + 0.4 + 0) - (13.2 + 0 + 0.5)
=173.3

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:

Sturdy Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-41.1/1801.626
=-2.28 %

* 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.

Sturdy Industries EBIT Related Terms

Sturdy Industries EBIT Historical Data

* Premium members only.

The historical data trend for Sturdy Industries'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.

Sturdy Industries EBIT Chart

Sturdy Industries 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 -1,741.25 -265.13 -46.27 -61.30 -116.70

Sturdy Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -11.00 -14.50 -8.60 -30.10 -2.40

BOM:530611 vs AA: EBIT Comparison

For the Aluminum subindustry, Sturdy Industries'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.

Sturdy Industries EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sturdy Industries's EV-to-EBIT distribution charts can be found below:

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


BOM:530611
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Sturdy Industries Ltd BOM:530611
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Sturdy Industries 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 ₹-41.10 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹-41.10 Mil mean?
Sturdy Industries (BOM:530611) has a EBIT of ₹-41.10 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sturdy Industries.
Is Sturdy Industries' EBIT too high?
Sturdy Industries' current EBIT is ₹-41.10 Mil. Overall, Sturdy Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sturdy Industries' EBIT compare to AA?
Sturdy Industries' EBIT of ₹-41.10 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good EBIT depends on the Metals & Mining 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 Sturdy Industries. Sturdy Industries's current EBIT is ₹-41.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sturdy Industries stock overvalued right now?
Sturdy Industries (BOM:530611) has a current EBIT of ₹-41.10 Mil. The current EBIT is ₹-41.10 Mil. Sturdy Industries' overall GF Score™ is 4/100. 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 Sturdy Industries (BOM:530611), the current EBIT is ₹-41.10 Mil as of Jun. 2024. 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.

Sturdy Industries Business Description

Address Plot Number 45, Sector 1, Solan, Parwanoo, HP, IND, 173220
Sturdy Industries Ltd is an India based company engaged in the manufacture and trade of aluminum panels and pipe fittings. The company's operating segment includes Plastic Pipes and Fitting; Aluminum; and Trading. It generates maximum revenue from the Aluminum segment. The company's product categories include Aluminium Panel; Sprinkler Irrigation; Drip Irrigation; Wire Rods; Bare Aluminium Electrical Conductors; and Aerial Bunched Cables.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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