GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jigar Cables Ltd (BOM:540651) » Definitions » EBIT

Jigar Cables (BOM:540651) EBIT : ₹31.9 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Jigar Cables EBIT?

Jigar Cables's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹20.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹31.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jigar Cables's annualized ROC % for the quarter that ended in Sep. 2024 was 12.80%. Jigar Cables's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 18.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jigar Cables's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.67%.


Jigar Cables EBIT Historical Data

The historical data trend for Jigar Cables'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.

Jigar Cables EBIT Chart

Jigar Cables 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 9.25 10.15 8.14 17.89 17.99

Jigar Cables Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 6.34 11.55 6.99 11.00 20.95

Competitive Comparison of Jigar Cables's EBIT

For the Electrical Equipment & Parts subindustry, Jigar Cables'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.


Jigar Cables's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Jigar Cables 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 ₹31.9 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.


Jigar Cables  (BOM:540651) EBIT Explanation

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

Jigar Cables'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 )
=41.62 * ( 1 - 25.4% )/( (239.428 + 245.791)/ 2 )
=31.04852/242.6095
=12.80 %

where

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:

Jigar Cables'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 )
=41.898/( ( (33.49 + max(192.177, 0)) + (31.841 + max(188.593, 0)) )/ 2 )
=41.898/( ( 225.667 + 220.434 )/ 2 )
=41.898/223.0505
=18.78 %

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)
=(79.051 + 125.081 + 0.27599999999998) - (8.219 + 0 + 4.012)
=192.177

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(116.373 + 105.375 + 0.099999999999994) - (17.765 + 0 + 15.49)
=188.593

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:

Jigar Cables's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=31.944/563.854
=5.67 %

* 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.


Jigar Cables EBIT Related Terms

Thank you for viewing the detailed overview of Jigar Cables's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Jigar Cables Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 164/14 and 15, G.I.D.C.- 2, Jamwadi, District Rajkot, Gondal, GJ, IND, 360311
Jigar Cables Ltd is the manufacturer of SIGMA brand electric wires and cables in India. It includes types of products such as single-core and multi-core flexible cables, industrial power and control cables, submersible flat cables, ariel bunched cables house wires and poly-insulated submersible connection cables. It serves industries such as Chemicals and Pharmaceuticals, Shipping and Marine, Automobiles, Hospitals, Mining, and many more.

Jigar Cables Headlines

No Headlines