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Rajkot Investment Trust (BOM:539495) EBIT : ₹2.97 Mil (TTM As of Sep. 2024)


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What is Rajkot Investment Trust EBIT?

Rajkot Investment Trust's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹0.75 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹2.97 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rajkot Investment Trust's annualized ROC % for the quarter that ended in Sep. 2024 was 1.26%. Rajkot Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 37,600.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rajkot Investment Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.24%.


Rajkot Investment Trust EBIT Historical Data

The historical data trend for Rajkot Investment Trust'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.

Rajkot Investment Trust EBIT Chart

Rajkot Investment Trust 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 0.63 0.80 2.14 0.52 0.99

Rajkot Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.75 0.01 2.01 0.20 0.75

Competitive Comparison of Rajkot Investment Trust's EBIT

For the Credit Services subindustry, Rajkot Investment Trust'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.


Rajkot Investment Trust's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Rajkot Investment Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rajkot Investment Trust's EV-to-EBIT falls into.



Rajkot Investment Trust 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2.97 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.


Rajkot Investment Trust  (BOM:539495) EBIT Explanation

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

Rajkot Investment Trust's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=3.008 * ( 1 - 0% )/( (0 + 238.579)/ 1 )
=3.008/238.579
=1.26 %

where

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

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

Rajkot Investment Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.008/( ( (0 + max(0, 0)) + (0.008 + max(-6.5049999999999, 0)) )/ 1 )
=3.008/( ( 0 + 0.008 )/ 1 )
=3.008/0.008
=37,600.00 %

where Working Capital is:

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

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.707 + 0.60600000000005) - (1.455 + 0 + 6.363)
=-6.5049999999999

When net working capital is negative, 0 is used.

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

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

Rajkot Investment Trust's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2.966/239.753
=1.24 %

* 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.


Rajkot Investment Trust EBIT Related Terms

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Rajkot Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, M-23, Super Tex Tower, Opposite Kinney Talkies, Surat, GJ, IND, 395002
Rajkot Investment Trust Ltd is engaged in the business of lending. The company derives its revenue from interest income.

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