Mahindra Lifespace Developers (BOM:532313) EBIT : ₹617 Mil (TTM As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Mahindra Lifespace Developers EBIT?

Mahindra Lifespace Developers's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹612 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹617 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mahindra Lifespace Developers's annualized ROC % for the quarter that ended in Mar. 2024 was -6.21%. Mahindra Lifespace Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mahindra Lifespace Developers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.61%.

Mahindra Lifespace Developers EBIT Historical Data

The historical data trend for Mahindra Lifespace Developers'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.

Mahindra Lifespace Developers EBIT Chart

Mahindra Lifespace Developers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

-1,899.49

-684.22

1,057.47

1,165.70

616.80

Mahindra Lifespace Developers 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															72.80	-94.10	-295.20	394.20	611.90

Competitive Comparison of Mahindra Lifespace Developers's EBIT

For the Real Estate - Development subindustry, Mahindra Lifespace Developers'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.

Mahindra Lifespace Developers's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mahindra Lifespace Developers's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mahindra Lifespace Developers's EV-to-EBIT falls into.

Mahindra Lifespace Developers 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 ₹617 Mil.

Mahindra Lifespace Developers (BOM:532313) EBIT Explanation

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

Mahindra Lifespace Developers'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 )
=	-2316.8 * ( 1 - -22.02% )	/	( (0	+	45489.1)	/ 1 )
=	-2826.95936	/	45489.1
=	-6.21 %

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	))
=	49630.5	-	2094.1	-	( 2047.3	-	max(0, 24306.1	-	39101.4	+	2047.3	))
=	45489.1

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

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

Mahindra Lifespace Developers'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 )
=	2447.6	/	( ( (0 + max(0, 0))	+	(288.1 + max(14696.9, 0)) )	/	1 )
=	2447.6	/	( ( 0	+	14985 )	/	1 )
=	2447.6	/	14985
=	16.33 %

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)
=	(1071.9	+	33778.6	+	1893.6)	-	(2094.1	+	0	+	19953.1)
=	14696.9

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:

Mahindra Lifespace Developers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	616.8	/	101181.273
	=	0.61 %

Mahindra Lifespace Developers EBIT Related Terms

Thank you for viewing the detailed overview of Mahindra Lifespace Developers's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Mahindra Lifespace Developers (BOM:532313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mahindra Lifespace Developers Ltd (BOM:532313) » Definitions » EBIT

Traded in Other Exchanges

MAHLIFE:India

Address

Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, IND, 400 018

Website

https://www.mahindralifespaces.com

Mahindra Lifespace Developers Ltd is an India-based real estate development company. The firm, along with its subsidiary companies, is engaged in the development of residential projects and integrated large-format development. Its residential offering comprises mid-premium segment housing as well as affordable housing. It operates in two business segments including Operating of Commercial complexes and Projects, project management, and development segment. Operating of commercial complexes includes rental income from commercial properties. A project, project management, and development segment include income from the sale of residential units.

Mahindra Lifespace Developers (BOM:532313) Headlines

No Headlines