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MEP Infrastructure Developers (BOM:539126) EBIT : ₹-2,514.5 Mil (TTM As of Dec. 2023)


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What is MEP Infrastructure Developers EBIT?

MEP Infrastructure Developers's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹-885.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-2,514.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MEP Infrastructure Developers's annualized ROC % for the quarter that ended in Dec. 2023 was -3.50%. MEP Infrastructure Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,793.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MEP Infrastructure Developers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 263.22%.


MEP Infrastructure Developers EBIT Historical Data

The historical data trend for MEP Infrastructure Developers'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.

MEP Infrastructure Developers EBIT Chart

MEP Infrastructure Developers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only 5,477.38 3,537.80 2,736.94 1,102.03 -2,108.41

MEP Infrastructure Developers 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 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 -458.83 -786.63 -499.08 -343.45 -885.34

Competitive Comparison of MEP Infrastructure Developers's EBIT

For the Infrastructure Operations subindustry, MEP Infrastructure Developers'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.


MEP Infrastructure Developers's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, MEP Infrastructure Developers's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MEP Infrastructure Developers's EV-to-EBIT falls into.



MEP Infrastructure Developers 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 ₹-2,514.5 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.


MEP Infrastructure Developers  (BOM:539126) EBIT Explanation

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

MEP Infrastructure Developers'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 )
=-905.164 * ( 1 - -2.94% )/( (26587.43 + 0)/ 1 )
=-931.7758216/26587.43
=-3.50 %

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))
=32046.368 - 11320.512 - ( 5483.32 - max(0, 35641.775 - 29780.201+5483.32))
=26587.43

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

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

MEP Infrastructure Developers'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 )
=-3541.356/( ( (126.754 + max(-8658.268, 0)) + (0 + max(0, 0)) )/ 1 )
=-3541.356/( ( 126.754 + 0 )/ 1 )
=-3541.356/126.754
=-2,793.88 %

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)
=(222.319 + 36.702 + 23176.014) - (11320.512 + 0 + 20772.791)
=-8658.268

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:

MEP Infrastructure Developers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=-2514.497/-955.296
=263.22 %

* 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.


MEP Infrastructure Developers EBIT Related Terms

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MEP Infrastructure Developers Business Description

Traded in Other Exchanges
Address
Hindu Colony, Sir Bhalchandra Road, 2102, Floor-21st, Plot-62, Kesar Equinox, Dadar (East), Mumbai, MH, IND, 400014
MEP Infrastructure Developers Ltd is an India based infrastructure company. It is engaged in the business activities of road construction, operation, maintenance and toll collection. The group operates in the business segments of Toll collection, Operation and Maintenance; and Construction. It generates maximum revenue from Toll collection, and repairs and maintenance segment. The company provides toll management service and assists its clients in addressing the complexities of implementation and operation of toll systems. The organization also helps in the installation of electronic toll and cash collection systems, communication networks, and intelligent transportation systems. The principally operates in India.

MEP Infrastructure Developers Headlines

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