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Aries Agro (BOM:532935) EBIT : ₹612 Mil (TTM As of Dec. 2024)


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What is Aries Agro EBIT?

Aries Agro's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹195 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹612 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aries Agro's annualized ROC % for the quarter that ended in Dec. 2024 was 12.73%. Aries Agro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 30.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aries Agro's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 17.56%.


Aries Agro EBIT Historical Data

The historical data trend for Aries Agro'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.

Aries Agro EBIT Chart

Aries Agro 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 401.34 488.05 436.00 470.81 496.90

Aries Agro 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 151.78 -37.96 136.44 318.71 194.76

Competitive Comparison of Aries Agro's EBIT

For the Agricultural Inputs subindustry, Aries Agro'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.


Aries Agro's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Aries Agro's EV-to-EBIT distribution charts can be found below:

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


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Aries Agro 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 ₹612 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.


Aries Agro  (BOM:532935) EBIT Explanation

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

Aries Agro'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 )
=779.056 * ( 1 - 21.69% )/( (4791.965 + 0)/ 1 )
=610.0787536/4791.965
=12.73 %

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))
=5718.282 - 708.249 - ( 218.068 - max(0, 2365.453 - 4034.392+218.068))
=4791.965

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

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

Aries Agro'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 )
=779.056/( ( (1046.963 + max(1477.766, 0)) + (0 + max(0, 0)) )/ 1 )
=779.056/( ( 2524.729 + 0 )/ 1 )
=779.056/2524.729
=30.86 %

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)
=(1354.727 + 1378.151 + 1071.041) - (708.249 + 0 + 1617.904)
=1477.766

Working Capital(Q: Dec. 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 (Dec. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=611.961/3484.779
=17.56 %

* 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.


Aries Agro EBIT Related Terms

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Aries Agro Business Description

Traded in Other Exchanges
Address
Aries House, Plot No. 24, Deonar, Govandi (East), Mumbai, MH, IND, 400043
Aries Agro Ltd is involved in the business of manufacturing micronutrients and other customized nutritional products for plants and animals. The company also deals in Veterinary products on a small scale. It has also started dealing and manufacturing soluble fertilizers and sulphur based fertilizers. Some of the products produced by the company are; Aries Garden Care kit, Macrofert water-soluble complex fertilizers, and Fishmin micronutrient fertilizers for pond culture among others.

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