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Ovobel Foods (BOM:530741) EBIT : ₹33 Mil (TTM As of Dec. 2024)


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What is Ovobel Foods EBIT?

Ovobel Foods's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹-13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ovobel Foods's annualized ROC % for the quarter that ended in Dec. 2024 was -12.07%. Ovobel Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -9.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ovobel Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.64%.


Ovobel Foods EBIT Historical Data

The historical data trend for Ovobel Foods'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.

Ovobel Foods EBIT Chart

Ovobel Foods Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only 46.23 -16.61 7.57 538.80 252.76

Ovobel Foods Quarterly Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9.44 -21.49 40.84 26.01 -12.83

Competitive Comparison of Ovobel Foods's EBIT

For the Packaged Foods subindustry, Ovobel 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.


Ovobel Foods's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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


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Ovobel 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹33 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.


Ovobel Foods  (BOM:530741) EBIT Explanation

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

Ovobel Foods's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-153.052 * ( 1 - 30.05% )/( (886.892 + 0)/ 1 )
=-107.059874/886.892
=-12.07 %

where

Invested Capital(Q: Sep. 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))
=1165.13 - 29.959 - ( 248.279 - max(0, 314.141 - 734.803+248.279))
=886.892

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

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

Ovobel Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-51.328/( ( (160.65 + max(394.135, 0)) + (0 + max(0, 0)) )/ 1 )
=-51.328/( ( 554.785 + 0 )/ 1 )
=-51.328/554.785
=-9.25 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(161.919 + 237.769 + 86.836) - (29.959 + 0 + 62.43)
=394.135

Working Capital(Q: Dec. 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 (Dec. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=32.534/701.474
=4.64 %

* 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.


Ovobel Foods EBIT Related Terms

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Ovobel Foods Business Description

Traded in Other Exchanges
N/A
Address
3rd Cross, Aga Abbas Ali Road, No 46, Old No 32/1, Ground Floor, Ulsoor, Bangalore, KA, IND, 560042
Ovobel Foods Ltd is engaged in the manufacture and sale of egg powder. The company mainly manufactures and exports egg powder and frozen eggs. Its products include hen whole egg powder, hen egg yolk powder, hen egg albumen powder, pasteurized frozen hen whole egg, and pasteurized frozen hen egg albumen.

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