Garden Reach Shipbuilders & Engineers (BOM:542011) EBIT : ₹4,167 Mil (TTM As of Dec. 2023)

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What is Garden Reach Shipbuilders & Engineers EBIT?

Garden Reach Shipbuilders & Engineers's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹1,198 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹4,167 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Garden Reach Shipbuilders & Engineers's annualized ROC % for the quarter that ended in Dec. 2023 was 1.33%. Garden Reach Shipbuilders & Engineers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 96.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Garden Reach Shipbuilders & Engineers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.02%.

Garden Reach Shipbuilders & Engineers EBIT Historical Data

The historical data trend for Garden Reach Shipbuilders & Engineers'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.

Garden Reach Shipbuilders & Engineers EBIT Chart

Garden Reach Shipbuilders & Engineers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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1,804.85

2,251.52

2,077.99

2,586.70

3,116.99

Garden Reach Shipbuilders & Engineers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															871.74	803.39	1,065.73	1,099.66	1,197.97

Competitive Comparison of Garden Reach Shipbuilders & Engineers's EBIT

For the Aerospace & Defense subindustry, Garden Reach Shipbuilders & Engineers'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.

Garden Reach Shipbuilders & Engineers's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garden Reach Shipbuilders & Engineers's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Garden Reach Shipbuilders & Engineers's EV-to-EBIT falls into.

Garden Reach Shipbuilders & Engineers 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹4,167 Mil.

Garden Reach Shipbuilders & Engineers (BOM:542011) EBIT Explanation

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

Garden Reach Shipbuilders & Engineers's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	1531.296 * ( 1 - 25.63% )	/	( (85561.778	+	0)	/ 1 )
=	1138.8248352	/	85561.778
=	1.33 %

where

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	110762.155	-	16454.386	-	( 45538.416	-	max(0, 93910.905	-	102656.896	+	45538.416	))
=	85561.778

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Garden Reach Shipbuilders & Engineers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	4791.876	/	( ( (4976.835 + max(-36774.928, 0))	+	(0 + max(0, 0)) )	/	1 )
=	4791.876	/	( ( 4976.835	+	0 )	/	1 )
=	4791.876	/	4976.835
=	96.28 %

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)
=	(1167.047	+	27253.311	+	28698.122)	-	(16454.386	+	0	+	77439.022)
=	-36774.928

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Garden Reach Shipbuilders & Engineers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	4166.743	/	69181.804
	=	6.02 %

Garden Reach Shipbuilders & Engineers EBIT Related Terms

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Garden Reach Shipbuilders & Engineers (BOM:542011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Garden Reach Shipbuilders & Engineers Ltd (BOM:542011) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

GRSE:India

Address

61, Garden Reach Road, GRSE Bhavan, Kolkata, WB, IND, 700 024

Website

http://www.grse.in

Garden Reach Shipbuilders & Engineers Ltd is an India based shipbuilding company. It is mainly engaged in the engineering and engine production activities. The company offers products and services in three verticals including shipbuilding, engineering, and, engine production. Its product portfolio includes deck machinery items, pumps, portable steel bridges, boat davits, anchors, mooring and dock capstans, and engines.

Garden Reach Shipbuilders & Engineers (BOM:542011) Headlines

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