Super Fine Knitters (BOM:540269) EBIT : ₹20.8 Mil (TTM As of Sep. 2024)

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What is Super Fine Knitters EBIT?

Super Fine Knitters's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹9.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹20.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Super Fine Knitters's annualized ROC % for the quarter that ended in Sep. 2024 was 2.76%. Super Fine Knitters's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Super Fine Knitters's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.24%.

Super Fine Knitters EBIT Historical Data

The historical data trend for Super Fine Knitters'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.

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Super Fine Knitters EBIT Chart

Super Fine Knitters Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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39.08

15.31

2.51

14.36

18.66

Super Fine Knitters Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
EBIT	Get a 7-Day Free Trial															5.79	8.57	7.50	11.16	9.68

Competitive Comparison of Super Fine Knitters's EBIT

For the Textile Manufacturing subindustry, Super Fine Knitters'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.

Super Fine Knitters's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Super Fine Knitters's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Super Fine Knitters's EV-to-EBIT falls into.

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Super Fine Knitters 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 semi-annually data reported by the company within the most recent 12 months, which was ₹20.8 Mil.

Super Fine Knitters (BOM:540269) EBIT Explanation

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

Super Fine Knitters'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: Mar. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	15.016 * ( 1 - 26.02% )	/	( (394.033	+	409.68)	/ 2 )
=	11.1088368	/	401.8565
=	2.76 %

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	))
=	404.597	-	10.407	-	( 0.157	-	max(0, 70.888	-	297.918	+	0.157	))
=	394.033

	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	))
=	426.483	-	16.431	-	( 0.372	-	max(0, 76.337	-	314.62	+	0.372	))
=	409.68

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Super Fine Knitters'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: Mar. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	19.35	/	( ( (106.679 + max(218.573, 0))	+	(111.863 + max(218.707, 0)) )	/	2 )
=	19.35	/	( ( 325.252	+	330.57 )	/	2 )
=	19.35	/	327.911
=	5.90 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(65.621	+	162.452	+	25.874)	-	(10.407	+	0	+	24.967)
=	218.573

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(64.688	+	177.302	+	20.676)	-	(16.431	+	0	+	27.528)
=	218.707

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

Super Fine Knitters's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	20.838	/	287.985
	=	7.24 %

Super Fine Knitters EBIT Related Terms

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Super Fine Knitters Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Super Fine Knitters Ltd (BOM:540269) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

C-5, Phase V, Focal Point, Ludhiana, PB, IND, 141010

Website

https://www.superfineknitters.com

Super Fine Knitters Ltd is engaged in the business of manufacturing knitted clothes and garments. The company also supplies knitted fabrics and apparel to national and international brands. Geographically, all the operations are conducted in India.

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