Nivaka Fashions (BOM:542206) EBIT : ₹-7.31 Mil (TTM As of Sep. 2024)

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What is Nivaka Fashions EBIT?

Nivaka Fashions's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹-2.44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-7.31 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nivaka Fashions's annualized ROC % for the quarter that ended in Sep. 2024 was -8.73%. Nivaka Fashions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -27.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nivaka Fashions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.87%.

Nivaka Fashions EBIT Historical Data

The historical data trend for Nivaka Fashions'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.

Nivaka Fashions EBIT Chart

Nivaka Fashions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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-8.32

6.01

3.41

1.45

-0.68

Nivaka Fashions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
EBIT	Get a 7-Day Free Trial															2.50	-2.58	-0.20	-2.09	-2.44

Competitive Comparison of Nivaka Fashions's EBIT

For the Apparel Manufacturing subindustry, Nivaka Fashions'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.

Nivaka Fashions's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Nivaka Fashions 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 quarterly data reported by the company within the most recent 12 months, which was ₹-7.31 Mil.

Nivaka Fashions (BOM:542206) EBIT Explanation

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

Nivaka Fashions'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: Jun. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	-9.74 * ( 1 - 0% )	/	( (0	+	111.614)	/ 1 )
=	-9.74	/	111.614
=	-8.73 %

where

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

	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	))
=	123.875	-	8.433	-	( 3.828	-	max(0, 10.584	-	34.442	+	3.828	))
=	111.614

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Nivaka Fashions'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: Jun. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-9.74	/	( ( (0 + max(0, 0))	+	(15.366 + max(20.03, 0)) )	/	1 )
=	-9.74	/	( ( 0	+	35.396 )	/	1 )
=	-9.74	/	35.396
=	-27.52 %

where Working Capital is:

	Working Capital		(Q: Jun. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.759	+	16.533	+	12.322)	-	(8.433	+	0	+	2.151)
=	20.03

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Nivaka Fashions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-7.307	/	391.326
	=	-1.87 %

Nivaka Fashions EBIT Related Terms

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Nivaka Fashions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nivaka Fashions Ltd (BOM:542206) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mankoli Road, Harihar Corporation, A-12, Gala No. 10/11, Dapoda, Bhiwandi, Thane, MH, IND, 421302

Website

https://www.ninecolours.com

Nivaka Fashions Ltd is an Indian company engaged in retailing Indian ethnic wear through omni channels like offline retail stores and online e-commerce websites. The company owns the brand 'Ninecolours'. The company manufactures certain products in its own brand in the name of 'Ninecolours West', 'Nine colours Quirk' and 'Ninecolours Luxe'. The company offers products like sarees, lehengas, kurtis, suits and gowns for women; kurtas, sherwanis, jackets and kurta pyjamas for men and ethnic wear collections for children. The company also offers a range of jewellery and Home decors products like Bed sheets, Table tops, Wall art and Dewan sets. The company generates the majority of its revenue from the sale of products.

Nivaka Fashions Headlines

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