VST Tillers Tractors (BOM:531266) EBIT : ₹1,573 Mil (TTM As of Mar. 2024)

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What is VST Tillers Tractors EBIT?

VST Tillers Tractors's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹432 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,573 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VST Tillers Tractors's annualized ROC % for the quarter that ended in Mar. 2024 was 18.53%. VST Tillers Tractors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 40.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VST Tillers Tractors's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.49%.

VST Tillers Tractors EBIT Historical Data

The historical data trend for VST Tillers Tractors'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.

VST Tillers Tractors EBIT Chart

VST Tillers Tractors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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245.72

1,232.31

1,332.27

1,252.20

1,573.10

VST Tillers Tractors Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															528.80	431.50	501.40	208.40	431.80

Competitive Comparison of VST Tillers Tractors's EBIT

For the Farm & Heavy Construction Machinery subindustry, VST Tillers Tractors'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.

VST Tillers Tractors's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, VST Tillers Tractors's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where VST Tillers Tractors's EV-to-EBIT falls into.

VST Tillers Tractors 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,573 Mil.

VST Tillers Tractors (BOM:531266) EBIT Explanation

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

VST Tillers Tractors's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	1326.4 * ( 1 - 18.54% )	/	( (0	+	5829.802)	/ 1 )
=	1080.48544	/	5829.802
=	18.53 %

where

	Invested Capital		(Q: Dec. 2023 )
=	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

	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	))
=	11668.447	-	989.082	-	( 4849.563	-	max(0, 1873.756	-	8616.979	+	4849.563	))
=	5829.802

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

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

VST Tillers Tractors's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1727.2	/	( ( (0 + max(0, 0))	+	(2313.156 + max(1901.145, 0)) )	/	1 )
=	1727.2	/	( ( 0	+	4214.301 )	/	1 )
=	1727.2	/	4214.301
=	40.98 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(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: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1551.613	+	1178.031	+	1037.045)	-	(989.082	+	0	+	876.462)
=	1901.145

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

VST Tillers Tractors's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1573.1	/	24251.113
	=	6.49 %

VST Tillers Tractors EBIT Related Terms

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VST Tillers Tractors (BOM:531266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » VST Tillers Tractors Ltd (BOM:531266) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

VSTTILLERS:India

Address

Whitefield Road, Plot No. 1, Dyavasandra Industrial Layout, Mahadevapura Post, Bengaluru, KA, IND, 560048

Website

https://www.vsttractors.com

VST Tillers Tractors Ltd is in the business of manufacturing and trading of the agricultural, plantation, and horticultural machinery and components. Its products are power tillers and tractors, transplanters, binders, reapers, engines, precision/ auto components, and agricultural implements. The company mainly operates in India and exports its products to Africa, Netherlands, Poland, and Other countries. The company derives all of its revenue from the manufacturing and trading of the agriculture machinery segment.

VST Tillers Tractors (BOM:531266) Headlines

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