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GTV Engineering (BOM:539479) EBIT : ₹70 Mil (TTM As of Mar. 2024)


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What is GTV Engineering EBIT?

GTV Engineering's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GTV Engineering's annualized ROC % for the quarter that ended in Mar. 2024 was 4.79%. GTV Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 84.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GTV Engineering's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.02%.


GTV Engineering EBIT Historical Data

The historical data trend for GTV Engineering'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.

GTV Engineering EBIT Chart

GTV Engineering 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 15.01 10.06 14.94 48.92 69.93

GTV Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 39.72 5.06 9.71 26.53 28.62

Competitive Comparison of GTV Engineering's EBIT

For the Metal Fabrication subindustry, GTV Engineering'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.


GTV Engineering's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



GTV Engineering 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹70 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.


GTV Engineering  (BOM:539479) EBIT Explanation

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

GTV Engineering's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=34.228 * ( 1 - 17.3% )/( (0 + 591.56)/ 1 )
=28.306556/591.56
=4.79 %

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))
=758.203 - 12.785 - ( 174.887 - max(0, 389.665 - 543.523+174.887))
=591.56

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

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

GTV Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=114.468/( ( (0 + max(0, 0)) + (134.923 + max(-17.058, 0)) )/ 1 )
=114.468/( ( 0 + 134.923 )/ 1 )
=114.468/134.923
=84.84 %

where Working Capital is:

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

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(143.21 + 58.764 + -0.00099999999997635) - (12.785 + 0 + 206.246)
=-17.058

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

GTV Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=69.924/1391.595
=5.02 %

* 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.


GTV Engineering EBIT Related Terms

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GTV Engineering (BOM:539479) Business Description

Traded in Other Exchanges
N/A
Address
New Industrial Area-II, Plot Number 216-217-218, Mandideep, District Raisen, Bhopal, MP, IND, 462046
GTV Engineering Ltd is engaged in diversified business. It has interests in heavy steel fabrication, hydropower generation, and Atta Division. It generates the majority of the revenue from the steel fabrication business followed by Flour Mill. Geographically, it operates only in India.

GTV Engineering (BOM:539479) Headlines

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