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Benara Bearings and Pistons (BOM:541178) EBIT : ₹-33.0 Mil (TTM As of Mar. 2024)


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What is Benara Bearings and Pistons EBIT?

Benara Bearings and Pistons's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹-13.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-33.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Benara Bearings and Pistons's annualized ROC % for the quarter that ended in Mar. 2024 was -3.60%. Benara Bearings and Pistons's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -8.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Benara Bearings and Pistons's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.51%.


Benara Bearings and Pistons EBIT Historical Data

The historical data trend for Benara Bearings and Pistons'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.

Benara Bearings and Pistons EBIT Chart

Benara Bearings and Pistons 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 53.45 -151.31 -151.75 -105.29 -32.96

Benara Bearings and Pistons Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -131.74 -53.20 -52.10 -19.35 -13.61

Competitive Comparison of Benara Bearings and Pistons's EBIT

For the Auto Parts subindustry, Benara Bearings and Pistons'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.


Benara Bearings and Pistons's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Benara Bearings and Pistons's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Benara Bearings and Pistons's EV-to-EBIT falls into.


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Benara Bearings and Pistons 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-33.0 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.


Benara Bearings and Pistons  (BOM:541178) EBIT Explanation

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

Benara Bearings and Pistons's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-32.916 * ( 1 - -10.75% )/( (1030.846 + 992.917)/ 2 )
=-36.45447/1011.8815
=-3.60 %

where

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

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

Benara Bearings and Pistons's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-27.222/( ( (73.629 + max(237.057, 0)) + (66.332 + max(258.717, 0)) )/ 2 )
=-27.222/( ( 310.686 + 325.049 )/ 2 )
=-27.222/317.8675
=-8.56 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.138 + 201.293 + 0) - (31.132 + 0 + 36.242)
=237.057

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.514 + 217.382 + -5.6843418860808E-14) - (16.614 + 0 + 33.565)
=258.717

When net working capital is negative, 0 is used.

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

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

Benara Bearings and Pistons's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-32.961/938.838
=-3.51 %

* 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.


Benara Bearings and Pistons EBIT Related Terms

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Benara Bearings and Pistons Business Description

Traded in Other Exchanges
N/A
Address
A-3 and A-4, Site B, UPSIDC Industrial Area, Sikandrabad, Agra, UP, IND, 282007
Benara Bearings and Pistons Ltd is engaged in the manufacturing of bearings, bushes, pistons, piston pins, piston rings, cylinder liners sleeves, and engine valves. It is also engaged in the marketing of products like ball bearings, spark plugs, rocker arms, timing chains, connecting rods, valve guides, and valve seals and batteries. The majority of revenue is generated from the automobile segment.

Benara Bearings and Pistons Headlines

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