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CIL Nova Petrochemicals (BOM:533407) EBIT : ₹-25.73 Mil (TTM As of Jun. 2024)


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What is CIL Nova Petrochemicals EBIT?

CIL Nova Petrochemicals's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₹0.51 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₹-25.73 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CIL Nova Petrochemicals's annualized ROC % for the quarter that ended in Jun. 2024 was -1.12%. CIL Nova Petrochemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CIL Nova Petrochemicals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -1.02%.


CIL Nova Petrochemicals EBIT Historical Data

The historical data trend for CIL Nova Petrochemicals'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.

CIL Nova Petrochemicals EBIT Chart

CIL Nova Petrochemicals 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 0.68 85.04 -16.24 -14.70 -33.88

CIL Nova Petrochemicals 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 -7.30 -5.69 -4.25 -16.31 0.51

Competitive Comparison of CIL Nova Petrochemicals's EBIT

For the Textile Manufacturing subindustry, CIL Nova Petrochemicals'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.


CIL Nova Petrochemicals's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CIL Nova Petrochemicals's EV-to-EBIT distribution charts can be found below:

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



CIL Nova Petrochemicals 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 ₹-25.73 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.


CIL Nova Petrochemicals  (BOM:533407) EBIT Explanation

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

CIL Nova Petrochemicals'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 )
=2.048 * ( 1 - 769.82% )/( (1227.884 + 0)/ 1 )
=-13.7179136/1227.884
=-1.12 %

where

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

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

CIL Nova Petrochemicals'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 )
=2.044/( ( (1035.155 + max(9.193, 0)) + (0 + max(0, 0)) )/ 1 )
=2.044/( ( 1044.348 + 0 )/ 1 )
=2.044/1044.348
=0.20 %

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)
=(23.677 + 12.826 + 27.785) - (49.915 + 0 + 5.18)
=9.193

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:

CIL Nova Petrochemicals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-25.734/2514.032
=-1.02 %

* 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.


CIL Nova Petrochemicals EBIT Related Terms

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CIL Nova Petrochemicals Business Description

Traded in Other Exchanges
N/A
Address
Shivranjani Cross Roads, Chiripal House, Satellite, Ahmedabad, GJ, IND, 380015
CIL Nova Petrochemicals Ltd is a man-made fibre manufacturing company based in India. The company is engaged in the preparation and spinning of man-made fibre. In addition, it also includes blended manmade fibres and others. It offers products like Partially Oriented Yarn, Micro-Filament Yarn, Draw Twisted Yarn, Texturised Yarns and Fully Drawn Yarns.

CIL Nova Petrochemicals Headlines

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