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Bharat Wire Ropes (BOM:539799) EBIT : ₹1,259 Mil (TTM As of Sep. 2024)


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What is Bharat Wire Ropes EBIT?

Bharat Wire Ropes's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹284 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹1,259 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bharat Wire Ropes's annualized ROC % for the quarter that ended in Sep. 2024 was 9.53%. Bharat Wire Ropes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bharat Wire Ropes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.06%.


Bharat Wire Ropes EBIT Historical Data

The historical data trend for Bharat Wire Ropes'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.

Bharat Wire Ropes EBIT Chart

Bharat Wire Ropes 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 70.22 112.92 400.39 1,161.90 1,425.34

Bharat Wire Ropes 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 365.74 387.64 311.54 275.28 284.28

Competitive Comparison of Bharat Wire Ropes's EBIT

For the Steel subindustry, Bharat Wire Ropes'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.


Bharat Wire Ropes's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bharat Wire Ropes's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bharat Wire Ropes's EV-to-EBIT falls into.



Bharat Wire Ropes 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 ₹1,259 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.


Bharat Wire Ropes  (BOM:539799) EBIT Explanation

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

Bharat Wire Ropes'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 )
=1130.076 * ( 1 - 26.14% )/( (0 + 8755.141)/ 1 )
=834.6741336/8755.141
=9.53 %

where

Invested Capital(Q: Sep. 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))
=8952.119 - 106.599 - ( 90.379 - max(0, 708.527 - 3706.637+90.379))
=8755.141

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

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

Bharat Wire Ropes'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 )
=1137.116/( ( (0 + max(0, 0)) + (5095.141 + max(3294.71, 0)) )/ 1 )
=1137.116/( ( 0 + 8389.851 )/ 1 )
=1137.116/8389.851
=13.55 %

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)
=(838.503 + 1071.671 + 1706.084) - (106.599 + 0 + 214.949)
=3294.71

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:

Bharat Wire Ropes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1258.738/17830.103
=7.06 %

* 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.


Bharat Wire Ropes EBIT Related Terms

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Bharat Wire Ropes Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, A-701, Trade World Building, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013
Bharat Wire Ropes Ltd manufactures steel wire ropes, wire strands, and wire rope slings. The company produces mechanically spliced slings, hand-spliced slings, earth wires, stay wires, guy wires, and spiral strands. The company also produces general-purpose ropes, fishing ropes, crane ropes, structural ropes, elevator ropes, mining ropes, oil and gas ropes, and shipping ropes. The firm caters to industries including oil and gas, mining, fishing, ports and marine, elevator, power, transmission, railways, construction, infrastructure, defense, and crane manufacturers. The company serves clients around the world.

Bharat Wire Ropes Headlines

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