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Jindal Worldwide (BOM:531543) EBIT : ₹1,634 Mil (TTM As of Sep. 2024)


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What is Jindal Worldwide EBIT?

Jindal Worldwide's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹398 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹1,634 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jindal Worldwide's annualized ROC % for the quarter that ended in Sep. 2024 was 8.72%. Jindal Worldwide's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jindal Worldwide's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.67%.


Jindal Worldwide EBIT Historical Data

The historical data trend for Jindal Worldwide'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.

Jindal Worldwide EBIT Chart

Jindal Worldwide 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 1,001.72 1,066.47 1,869.99 2,015.10 1,470.36

Jindal Worldwide Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only 427.95 429.86 390.09 398.08 416.25

Competitive Comparison of Jindal Worldwide's EBIT

For the Textile Manufacturing subindustry, Jindal Worldwide'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.


Jindal Worldwide's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jindal Worldwide's EV-to-EBIT distribution charts can be found below:

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


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Jindal Worldwide 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 ₹1,634 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.


Jindal Worldwide  (BOM:531543) EBIT Explanation

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

Jindal Worldwide'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 )
=1570.352 * ( 1 - 26.52% )/( (0 + 13238.254)/ 1 )
=1153.8946496/13238.254
=8.72 %

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))
=18023.6 - 1633.748 - ( 3151.598 - max(0, 8545.109 - 13997.851+3151.598))
=13238.254

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

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

Jindal Worldwide'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 )
=1592.308/( ( (0 + max(0, 0)) + (3638.323 + max(8958.552, 0)) )/ 1 )
=1592.308/( ( 0 + 12596.875 )/ 1 )
=1592.308/12596.875
=12.64 %

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)
=(6030.443 + 3173.996 + 1568.129) - (1633.748 + 0 + 180.268)
=8958.552

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:

Jindal Worldwide's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1634.271/61105.960
=2.67 %

* 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.


Jindal Worldwide EBIT Related Terms

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Jindal Worldwide Business Description

Traded in Other Exchanges
Address
Shivranjani, Shyamal, 132 Ft Ring Road, I.O.C. Petrol Pump Lane, Jindal Corporate House, Opposite D-Mart, Satellite, Ahmedabad, GJ, IND, 380015
Jindal Worldwide Ltd manufactures, sells, and exports denim and home textiles. Its products include denim fabrics, bottom-weight fabric, shirting fabric, yarn-dyed fabric and bedsheets. The company provides products and services in the textiles, chemicals, finance, and trading areas. It operates in one segment Textiles.

Jindal Worldwide Headlines

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