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Inox Wind (BOM:539083) EBIT : ₹2,484 Mil (TTM As of Jun. 2024)


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What is Inox Wind EBIT?

Inox Wind's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was ₹1,062 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was ₹2,484 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Inox Wind's annualized ROC % for the quarter that ended in Jun. 2024 was 5.25%. Inox Wind's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 11.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Inox Wind's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.68%.


Inox Wind EBIT Historical Data

The historical data trend for Inox Wind'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.

Inox Wind EBIT Chart

Inox Wind 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 -1,860.40 -2,456.20 -3,703.40 -4,133.82 1,452.05

Inox Wind 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 61.10 358.40 681.50 381.85 1,061.90

Competitive Comparison of Inox Wind's EBIT

For the Specialty Industrial Machinery subindustry, Inox Wind'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.


Inox Wind's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Inox Wind's EV-to-EBIT distribution charts can be found below:

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



Inox Wind 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 ₹2,484 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.


Inox Wind  (BOM:539083) EBIT Explanation

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

Inox Wind'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 )
=3779.2 * ( 1 - 1.75% )/( (70777.381 + 0)/ 1 )
=3713.064/70777.381
=5.25 %

where

Invested Capital(Q: Mar. 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))
=67947.963 - 7138.45 - ( 119.927 - max(0, 43358.247 - 33390.379+119.927))
=70777.381

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

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

Inox Wind'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 )
=4247.6/( ( (18555.129 + max(19407.234, 0)) + (0 + max(0, 0)) )/ 1 )
=4247.6/( ( 37962.363 + 0 )/ 1 )
=4247.6/37962.363
=11.19 %

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)
=(11372.734 + 12447.888 + 8396.8) - (7138.45 + 0 + 5671.738)
=19407.234

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:

Inox Wind's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=2483.647/363398.055
=0.68 %

* 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.


Inox Wind EBIT Related Terms

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Inox Wind Business Description

Traded in Other Exchanges
Address
Inox Towers, Plot Number 17, Sector 16A, Noida, UP, IND, 201 301
Inox Wind Ltd offers wind energy solutions to the renewable energy industry. It manufactures wind turbine generators and its components. Its services offered include Erection, Procurement and Commissioning, Operations and Maintenance and Common Infrastructure Facilities services for its products and development of wind farm. It conducts its business and provides services to various states in India. The company also offer turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.

Inox Wind Headlines

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