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Veeram Securities (BOM:540252) EBIT : ₹46.3 Mil (TTM As of Dec. 2024)


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What is Veeram Securities EBIT?

Veeram Securities's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹9.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹46.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Veeram Securities's annualized ROC % for the quarter that ended in Dec. 2024 was 9.75%. Veeram Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 19.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Veeram Securities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.57%.


Veeram Securities EBIT Historical Data

The historical data trend for Veeram Securities'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.

Veeram Securities EBIT Chart

Veeram Securities 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 13.93 36.56 44.85 23.19 32.97

Veeram Securities Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.17 14.92 13.12 9.13 9.18

Competitive Comparison of Veeram Securities's EBIT

For the Luxury Goods subindustry, Veeram Securities'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.


Veeram Securities's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Veeram Securities's EV-to-EBIT distribution charts can be found below:

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


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Veeram Securities 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹46.3 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.


Veeram Securities  (BOM:540252) EBIT Explanation

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

Veeram Securities's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=24.508 * ( 1 - 21.79% )/( (235.321 + 157.718)/ 2 )
=19.1677068/196.5195
=9.75 %

where

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

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

Veeram Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=36.716/( ( (112.216 + max(109.272, 0)) + (112.194 + max(36.652, 0)) )/ 2 )
=36.716/( ( 221.488 + 148.846 )/ 2 )
=36.716/185.167
=19.83 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 93.016 + 74.287) - (44.465 + 0 + 13.566)
=109.272

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 98.064 + 0.703) - (53.358 + 0 + 8.757)
=36.652

When net working capital is negative, 0 is used.

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

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

Veeram Securities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=46.341/705.235
=6.57 %

* 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.


Veeram Securities EBIT Related Terms

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Veeram Securities Business Description

Traded in Other Exchanges
N/A
Address
Ramdevnagar Road, Ground Floor & First Floor, 7, Natvarshyam Co Op Ho So Ltd, Opposite Orchid Park, Satellite, Ahmedabad, GJ, IND, 380051
Veeram Securities Ltd is engaged in the wholesale business of gold and silver. The company operates in the jewellery business which is integrated as a wholesaler, Retailer, and trader of branded jewellery and ornaments like Rings, Bracelets, Chains, Anklets, and others.

Veeram Securities Headlines

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