Power Grid Of India (BOM:532898) EBIT : ₹272,948 Mil (TTM As of Dec. 2023)

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What is Power Grid Of India EBIT?

Power Grid Of India's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹71,514 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹272,948 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Power Grid Of India's annualized ROC % for the quarter that ended in Dec. 2023 was 8.90%. Power Grid Of India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Power Grid Of India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.81%.

Power Grid Of India EBIT Historical Data

The historical data trend for Power Grid Of India'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.

Power Grid Of India EBIT Chart

Power Grid Of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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215,659.80

228,234.90

238,668.30

280,497.10

259,167.20

Power Grid Of India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															67,552.20	66,657.10	66,212.30	68,564.10	71,514.30

Competitive Comparison of Power Grid Of India's EBIT

For the Utilities - Regulated Electric subindustry, Power Grid Of India'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.

Power Grid Of India's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Power Grid Of India's EV-to-EBIT falls into.

Power Grid Of India 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹272,948 Mil.

Power Grid Of India (BOM:532898) EBIT Explanation

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

Power Grid Of India's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	276777.2 * ( 1 - 16.74% )	/	( (2589806.9	+	0)	/ 1 )
=	230444.69672	/	2589806.9
=	8.90 %

where

	Invested Capital		(Q: Sep. 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	))
=	2455024.2	-	2920.7	-	( 97319.9	-	max(0, 372368.2	-	234664.8	+	97319.9	))
=	2589806.9

	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

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Power Grid Of India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	286057.2	/	( ( (1941618.5 + max(-104098.8, 0))	+	(0 + max(0, 0)) )	/	1 )
=	286057.2	/	( ( 1941618.5	+	0 )	/	1 )
=	286057.2	/	1941618.5
=	14.73 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(116406.7	+	13610	+	6180.4)	-	(2920.7	+	0	+	237375.2)
=	-104098.8

	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

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Power Grid Of India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	272947.8	/	4008504.224
	=	6.81 %

Power Grid Of India EBIT Related Terms

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Power Grid Of India (BOM:532898) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Power Grid Corp Of India Ltd (BOM:532898) » Definitions » EBIT

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POWERGRID:India

Address

Saudamini, Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

https://www.powergrid.in

Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages firm's nationwide transmission infrastructure and operates as a neutral carrier in the point to point Bandwidth Leasing Business. The company is also involved in Consultancy business in which it provides in-house expertise in the Transmission, Distribution and Telecom sectors, including planning design, engineering, load dispatch, procurement management, financing, and other. Geographically all the activities are carried out in India.

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