GURUFOCUS.COM » STOCK LIST » Technology » Software » First Fintec Ltd (BOM:532379) » Definitions » EBIT

First Fintec (BOM:532379) EBIT : ₹0.89 Mil (TTM As of Dec. 2024)


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

What is First Fintec EBIT?

First Fintec's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹2.57 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹0.89 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Fintec's annualized ROC % for the quarter that ended in Dec. 2024 was 1.87%. First Fintec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 29.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Fintec's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 1.07%.


First Fintec EBIT Historical Data

The historical data trend for First Fintec'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.

First Fintec EBIT Chart

First Fintec 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 -47.42 -72.35 -36.67 -18.66 -2.64

First Fintec 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 0.75 -1.13 -0.95 0.40 2.57

Competitive Comparison of First Fintec's EBIT

For the Software - Application subindustry, First Fintec'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.


First Fintec's EV-to-EBIT Distribution in the Software Industry

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

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


;
;

First Fintec 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.89 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.


First Fintec  (BOM:532379) EBIT Explanation

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

First Fintec's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=2.32 * ( 1 - 0.78% )/( (121.84 + 124.89)/ 2 )
=2.301904/123.365
=1.87 %

where

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

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

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

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.28/( ( (26.05 + max(7.44, 0)) + (25.77 + max(10.25, 0)) )/ 2 )
=10.28/( ( 33.49 + 36.02 )/ 2 )
=10.28/34.755
=29.58 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.51 + 0 + 2.28) - (0.35 + 0 + 0)
=7.44

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.7 + 0 + 2.85) - (0.3 + 0 + 0)
=10.25

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=0.889/83.291
=1.07 %

* 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.


First Fintec EBIT Related Terms

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


First Fintec Business Description

Traded in Other Exchanges
N/A
Address
Dr. R.C. Marg, 302, The Bureau Chambers, Above State Bank of India, Chembur (East), Mumbai, MH, IND, 400071
First Fintec Ltd formerly Firstobject Technologies Ltd is an Information technology (IT), Information technology-enabled services(ITES), and e-education company that offers business, technology, and process consulting and services. The company operates in providing business process management and outsourcing strategies, enterprise resource planning software, and middle and back-office support to capital market arms of banks, educational institutions, and manufacturing and service companies. The firm generates majority of its revenue from software services, educational software in the form of e-content, and software products.

First Fintec Headlines

No Headlines