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eClerx Services (BOM:532927) EBIT : ₹7,293 Mil (TTM As of Sep. 2024)


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What is eClerx Services EBIT?

eClerx Services's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹1,960 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹7,293 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. eClerx Services's annualized ROC % for the quarter that ended in Sep. 2024 was 31.51%. eClerx Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 112.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. eClerx Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.23%.


eClerx Services EBIT Historical Data

The historical data trend for eClerx 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.

eClerx Services EBIT Chart

eClerx 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 2,993.29 4,008.95 5,820.07 6,741.52 7,128.20

eClerx 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 1,885.89 1,926.48 1,850.47 1,556.23 1,959.79

Competitive Comparison of eClerx Services's EBIT

For the Information Technology Services subindustry, eClerx 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.


eClerx Services's EV-to-EBIT Distribution in the Software Industry

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

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



eClerx 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 ₹7,293 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.


eClerx Services  (BOM:532927) EBIT Explanation

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

eClerx 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 )
=7314.36 * ( 1 - 25.74% )/( (0 + 17240.3)/ 1 )
=5431.643736/17240.3
=31.51 %

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))
=27040.19 - 1037.33 - ( 8762.56 - max(0, 3208.98 - 16902.65+8762.56))
=17240.3

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

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

eClerx 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 )
=7839.16/( ( (0 + max(0, 0)) + (4007.83 + max(2961.15, 0)) )/ 1 )
=7839.16/( ( 0 + 6968.98 )/ 1 )
=7839.16/6968.98
=112.49 %

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)
=(4721.23 + 2.93 + 1040.12) - (1037.33 + 0 + 1765.8)
=2961.15

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=7292.97/172592.312
=4.23 %

* 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.


eClerx Services EBIT Related Terms

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eClerx Services Business Description

Traded in Other Exchanges
Address
Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, digital branding services that include multi-channel media content management, and cable and telecom services. The company organizes itself into four segments based on geography: United States, United Kingdom, Europe, and Asia-Pacific. The majority of revenue comes from the United States.

eClerx Services Headlines

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