Bansal Roofing Products (BOM:538546) EBIT : ₹61 Mil (TTM As of Dec. 2023)

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What is Bansal Roofing Products EBIT?

Bansal Roofing Products's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹61 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bansal Roofing Products's annualized ROC % for the quarter that ended in Dec. 2023 was 8.58%. Bansal Roofing Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bansal Roofing Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.24%.

Bansal Roofing Products EBIT Historical Data

The historical data trend for Bansal Roofing Products'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.

Bansal Roofing Products EBIT Chart

Bansal Roofing Products Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

Get a 7-Day Free Trial

29.15

31.08

30.39

54.00

61.13

Bansal Roofing Products Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															14.51	19.88	16.96	12.46	11.95

Competitive Comparison of Bansal Roofing Products's EBIT

For the Building Products & Equipment subindustry, Bansal Roofing Products'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.

Bansal Roofing Products's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bansal Roofing Products's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bansal Roofing Products's EV-to-EBIT falls into.

Bansal Roofing Products 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 ₹61 Mil.

Bansal Roofing Products (BOM:538546) EBIT Explanation

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

Bansal Roofing Products'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 )
=	45.228 * ( 1 - 27.2% )	/	( (383.875	+	0)	/ 1 )
=	32.925984	/	383.875
=	8.58 %

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	))
=	449.782	-	41.634	-	( 24.273	-	max(0, 142.467	-	179.002	+	24.273	))
=	383.875

	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:

Bansal Roofing Products'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 )
=	47.784	/	( ( (269.808 + max(30.259, 0))	+	(0 + max(0, 0)) )	/	1 )
=	47.784	/	( ( 300.067	+	0 )	/	1 )
=	47.784	/	300.067
=	15.92 %

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)
=	(19.027	+	130.681	+	5.021)	-	(41.634	+	0	+	82.836)
=	30.259

	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:

Bansal Roofing Products's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	61.25	/	1169.642
	=	5.24 %

Bansal Roofing Products EBIT Related Terms

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Bansal Roofing Products (BOM:538546) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bansal Roofing Products Ltd (BOM:538546) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

274/2, Samlaya Sherpura Road, Village: Pratapnagar, Taluka: Savli, Vadodara, GJ, IND, 391520

Website

http://www.bansalroofing.com

Bansal Roofing Products Ltd is an Indian company engaged in the trading, manufacturing, and supply of roofing products. The company's products and services include pre-engineered building; color coated roofing sheet, roof ventilation system, skylight sheets, Z AND C purlins, louvers, installation, and consultancy. It also provides pre-engineering buildings for use in various applications consisting of factories, workshops, commercial showrooms, warehouses, community halls. The company's principal source of revenue is through the sale of roofing products.

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