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Greencrest Financial Services (BOM:531737) EBIT : ₹26.2 Mil (TTM As of Sep. 2024)


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What is Greencrest Financial Services EBIT?

Greencrest Financial Services's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹31.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹26.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Greencrest Financial Services's annualized ROC % for the quarter that ended in Sep. 2024 was 8.92%. Greencrest Financial Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 45.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Greencrest Financial Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.34%.


Greencrest Financial Services EBIT Historical Data

The historical data trend for Greencrest Financial Services'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.

Greencrest Financial Services EBIT Chart

Greencrest Financial Services 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 6.05 6.54 9.10 29.46 34.85

Greencrest Financial Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 64.43 16.64 -65.93 43.84 31.63

Competitive Comparison of Greencrest Financial Services's EBIT

For the Capital Markets subindustry, Greencrest Financial Services'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.


Greencrest Financial Services's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Greencrest Financial Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Greencrest Financial Services's EV-to-EBIT falls into.



Greencrest Financial Services 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 ₹26.2 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.


Greencrest Financial Services  (BOM:531737) EBIT Explanation

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

Greencrest Financial Services'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 )
=126.648 * ( 1 - 28.19% )/( (0 + 1019.789)/ 1 )
=90.9459288/1019.789
=8.92 %

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))
=1122.533 - 101.178 - ( 1.566 - max(0, 101.179 - 1114.042+1.566))
=1019.789

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

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

Greencrest Financial Services'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 )
=126.528/( ( (0 + max(0, 0)) + (0.347 + max(279.741, 0)) )/ 1 )
=126.528/( ( 0 + 280.088 )/ 1 )
=126.528/280.088
=45.17 %

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)
=(32.862 + 346.712 + 1.3459999999998) - (101.178 + 0 + 0.0010000000000048)
=279.741

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:

Greencrest Financial Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=26.187/784.896
=3.34 %

* 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.


Greencrest Financial Services EBIT Related Terms

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Greencrest Financial Services Business Description

Traded in Other Exchanges
N/A
Address
8, Ganesh Chandra Avenue, Saha Court, 1st Floor, Kolkata, WB, IND, 700 013
Greencrest Financial Services Ltd is an India based non-banking financial company focused on Finance and Investments business. The company is engaged in financing, investing in shares and securities, commodities and other related activities of capital marketing. The firm is in the single business of trading in shares and securities and generates its entire revenue from this operation.

Greencrest Financial Services Headlines

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