Purohit Construction (BOM:538993) EBIT : ₹-3.11 Mil (TTM As of Dec. 2023)

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What is Purohit Construction EBIT?

Purohit Construction's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹-1.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-3.11 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Purohit Construction's annualized ROC % for the quarter that ended in Dec. 2023 was -19.95%. Purohit Construction's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -157.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Purohit Construction's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.08%.

Purohit Construction EBIT Historical Data

The historical data trend for Purohit Construction'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.

Purohit Construction EBIT Chart

Purohit Construction Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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0.62

0.58

-18.72

-7.45

-7.61

Purohit Construction 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															-4.75	0.35	-1.60	-0.84	-1.02

Competitive Comparison of Purohit Construction's EBIT

For the Real Estate - Development subindustry, Purohit Construction'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.

Purohit Construction's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Purohit Construction's EV-to-EBIT distribution charts can be found below:

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

Purohit Construction 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 ₹-3.11 Mil.

Purohit Construction (BOM:538993) EBIT Explanation

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

Purohit Construction'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 )
=	-4.104 * ( 1 - -6.95% )	/	( (22.667	+	21.326)	/ 2 )
=	-4.389228	/	21.9965
=	-19.95 %

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	))
=	23.646	-	0.805	-	( 0.174	-	max(0, 1.114	-	2.332	+	0.174	))
=	22.667

	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	))
=	22.247	-	0.774	-	( 0.147	-	max(0, 0.806	-	2.223	+	0.147	))
=	21.326

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

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

Purohit Construction'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 )
=	-4.084	/	( ( (1.403 + max(1.307, 0))	+	(1.19 + max(1.27, 0)) )	/	2 )
=	-4.084	/	( ( 2.71	+	2.46 )	/	2 )
=	-4.084	/	2.585
=	-157.99 %

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)
=	(0	+	0	+	2.158)	-	(0.805	+	0	+	0.046)
=	1.307

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	2.076)	-	(0.774	+	0	+	0.032)
=	1.27

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:

Purohit Construction's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-3.111	/	51.134
	=	-6.08 %

Purohit Construction EBIT Related Terms

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Purohit Construction (BOM:538993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Purohit Construction Ltd (BOM:538993) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

401, Purohit House, Opposite Sardar Patel Stadium, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.purohitconstruction.com

Purohit Construction Ltd is an Indian-based company that operates in the real estate business. The activity of the group includes general construction business which includes alteration, addition, repair, and maintenance of non-residential buildings, carried out on the own-account basis or on a fee or contract basis. It primarily holds an interest in the development of residential, commercial, and CSR projects. The few projects of the group are Sopan Life Style, Sopan Elegance, Sopan Heights, Sukh Sagar, Ami apartment, Shaswat, Sukan, Podar Jumbo Kids and others.

Purohit Construction (BOM:538993) Headlines

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