Ridings Consulting Engineers India (BOM:541151) EBIT: ₹18.62 Mil (TTM As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:541151 Ridings Consulting Engineers India Ltd BOM:541151
4 GF Score
Price ₹4.60
View Full Analysis

What is Ridings Consulting Engineers India EBIT?

Ridings Consulting Engineers India BOM:541151 4 EBIT is ₹18.62 Mil as of Sep. 2022. GuruFocus rates BOM:541151 with a GF Score™ of 4/100.

Ridings Consulting Engineers India's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2022 was ₹7.36 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was ₹18.62 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ridings Consulting Engineers India's annualized ROC % for the quarter that ended in Sep. 2022 was 1.30%. Ridings Consulting Engineers India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 19.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ridings Consulting Engineers India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 11.04%.

Ridings Consulting Engineers India  (BOM:541151) EBIT Explanation

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

Ridings Consulting Engineers India's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=6.74 * ( 1 - 63.37% )/( (170.31 + 210.154)/ 2 )
=2.468862/190.232
=1.30 %

where

Invested Capital(Q: Mar. 2022 )
=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))
=172.717 - 42.981 - ( 0.017 - max(0, 153.09 - 112.516+0.017))
=170.31

Invested Capital(Q: Sep. 2022 )
=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))
=187.045 - 14.143 - ( 0.62 - max(0, 166.122 - 128.87+0.62))
=210.154

Note: The Operating Income data used here is two times the semi-annual (Sep. 2022) data.

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

Ridings Consulting Engineers India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=14.728/( ( (8.45 + max(68.727, 0)) + (7.312 + max(65.79, 0)) )/ 2 )
=14.728/( ( 77.177 + 73.102 )/ 2 )
=14.728/75.1395
=19.60 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.732 + 0 + 8.077) - (42.981 + 0 + 0.101)
=68.727

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(119.126 + 0 + 0.75800000000001) - (14.143 + 0 + 39.951)
=65.79

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2022) EBIT data.

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

Ridings Consulting Engineers India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=18.622/168.632
=11.04 %

* 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.

Ridings Consulting Engineers India EBIT Related Terms

Ridings Consulting Engineers India EBIT Historical Data

* Premium members only.

The historical data trend for Ridings Consulting Engineers India'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.

Ridings Consulting Engineers India EBIT Chart

Ridings Consulting Engineers India Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.97 -53.89 -129.04 13.63 14.43

Ridings Consulting Engineers India Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 2.11 11.52 3.17 11.26 7.36

BOM:541151 vs FTV, KEYS, GRMN: EBIT Comparison

For the Scientific & Technical Instruments subindustry, Ridings Consulting Engineers India'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.

Ridings Consulting Engineers India EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Ridings Consulting Engineers India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ridings Consulting Engineers India's EV-to-EBIT falls into.


BOM:541151
4GF Score
Ridings Consulting Engineers India Ltd BOM:541151
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ridings Consulting Engineers India 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹18.62 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹18.62 Mil mean?
Ridings Consulting Engineers India (BOM:541151) has a EBIT of ₹18.62 Mil as of Sep. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ridings Consulting Engineers India.
Is Ridings Consulting Engineers India's EBIT too high?
Ridings Consulting Engineers India's current EBIT is ₹18.62 Mil. Overall, Ridings Consulting Engineers India has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ridings Consulting Engineers India's EBIT compare to FTV and KEYS?
Ridings Consulting Engineers India's EBIT of ₹18.62 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Hardware company?
A good EBIT depends on the Hardware industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ridings Consulting Engineers India. Ridings Consulting Engineers India's current EBIT is ₹18.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ridings Consulting Engineers India stock overvalued right now?
Ridings Consulting Engineers India (BOM:541151) has a current EBIT of ₹18.62 Mil. The current EBIT is ₹18.62 Mil. Ridings Consulting Engineers India's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Ridings Consulting Engineers India (BOM:541151), the current EBIT is ₹18.62 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ridings Consulting Engineers India Business Description

Address Premises No. 429-430, Sector-29, Block-II, 2nd Floor, Ganga Shopping Complex, Noida, UP, IND, 201303
Ridings Consulting Engineers India Ltd provides Geospatial Services which include Sub Surface Utility Engineering (SUE) Survey/ Ground-penetrating radar (GPR) Survey, Geographic Information Systems, and Geospatial database development, Geospatial -Marketing consulting and planning, Training, Geographic Information Systems for Utilities (Power, Water, and Telecom) and Land Surveying and Geospatial Data (Digital and Large Scale Geospatial Data). The Geographic Information Systems (GIS) applications include mapping of utilities such as electrical networks, telecom networks, water supply, and sewerage systems. It derives its Majority revenue from India and Outside India.
4GF Score

Get the complete analysis for BOM:541151

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4.60
Price