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Naraingarh Sugar Mills (BOM:531457) EBIT : ₹-41.1 Mil (TTM As of Dec. 2023)


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What is Naraingarh Sugar Mills EBIT?

Naraingarh Sugar Mills's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹-41.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-41.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Naraingarh Sugar Mills's annualized ROC % for the quarter that ended in Dec. 2023 was %. Naraingarh Sugar Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Naraingarh Sugar Mills's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -44.98%.


Naraingarh Sugar Mills EBIT Historical Data

The historical data trend for Naraingarh Sugar Mills'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.

Naraingarh Sugar Mills EBIT Chart

Naraingarh Sugar Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20
EBIT
- 140.20 -145.34 41.74 -125.67

Naraingarh Sugar Mills Quarterly Data
Mar17 Mar18 Mar19 Mar20 Dec22 Dec23
EBIT Get a 7-Day Free Trial - - - -17.05 -41.11

Competitive Comparison of Naraingarh Sugar Mills's EBIT

For the Confectioners subindustry, Naraingarh Sugar Mills'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.


Naraingarh Sugar Mills's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Naraingarh Sugar Mills's EV-to-EBIT falls into.



Naraingarh Sugar Mills 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-41.1 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.


Naraingarh Sugar Mills  (BOM:531457) EBIT Explanation

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

Naraingarh Sugar Mills's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-164.516 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-164.516/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Naraingarh Sugar Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-164.448/( ( (0 + max(0, 0)) + (0 + max(0, 0)) )/ 1 )
=-164.448/( ( 0 + 0 )/ 1 )
=-164.448/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(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: 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

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Naraingarh Sugar Mills's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-41.112/91.405
=-44.98 %

* 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.


Naraingarh Sugar Mills EBIT Related Terms

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Naraingarh Sugar Mills (BOM:531457) Business Description

Traded in Other Exchanges
N/A
Address
Village Banondi, P.O. Shahzadpur, Tehsil Naraingarh, Ambala, HR, IND, 133001
Naraingarh Sugar Mills Ltd is engaged in the business of manufacturing white crystal sugar and by-products. It earns revenues from the sales of sugar, molasses, power, press mud, and bagasse.

Naraingarh Sugar Mills (BOM:531457) Headlines

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