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Virinchi (BOM:532372) EBIT : ₹545 Mil (TTM As of Jun. 2024)


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What is Virinchi EBIT?

Virinchi's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₹97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₹545 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Virinchi's annualized ROC % for the quarter that ended in Jun. 2024 was 27.05%. Virinchi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 6.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Virinchi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 8.31%.


Virinchi EBIT Historical Data

The historical data trend for Virinchi'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.

Virinchi EBIT Chart

Virinchi 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 677.84 536.48 542.50 537.87 601.19

Virinchi Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 153.04 97.56 156.94 192.64 97.49

Competitive Comparison of Virinchi's EBIT

For the Software - Application subindustry, Virinchi'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.


Virinchi's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Virinchi's EV-to-EBIT distribution charts can be found below:

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



Virinchi 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹545 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.


Virinchi  (BOM:532372) EBIT Explanation

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

Virinchi's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=358.824 * ( 1 - -521.09% )/( (8238.541 + 0)/ 1 )
=2228.6199816/8238.541
=27.05 %

where

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))
=8509.125 - 70.33 - ( 200.254 - max(0, 1372.356 - 2091.358+200.254))
=8238.541

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

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

Virinchi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=389.944/( ( (5374.544 + max(668.979, 0)) + (0 + max(0, 0)) )/ 1 )
=389.944/( ( 6043.523 + 0 )/ 1 )
=389.944/6043.523
=6.45 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(740.433 + 68.876 + 311.197) - (70.33 + 0 + 381.197)
=668.979

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

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=544.633/6555.377
=8.31 %

* 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.


Virinchi EBIT Related Terms

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Virinchi Business Description

Traded in Other Exchanges
Address
Road Number 1, 8-2-672 / 5 & 6, 4th Floor, IIyas Mohammed Khan Estate, Banjara Hills, Hyderabad, TG, IND, 500034
Virinchi Ltd is an Indian information technology (IT) products and services company engaged in software development and research. The firm's segments include the development of Computer Software and Services and IT Enabled Services. The company's products and solutions include QFund, vCard, V23, KSoft, Virinchi Hospitals chain, and Bristlecone Hospitals. The company generates key revenue from Healthcare Services and North America.

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