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Mahip Industries (BOM:542503) EBIT : ₹-27.41 Mil (TTM As of Mar. 2023)


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What is Mahip Industries EBIT?

Mahip Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹-1.74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-27.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mahip Industries's annualized ROC % for the quarter that ended in Mar. 2023 was -1.80%. Mahip Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -21.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mahip Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -18.16%.

Mahip Industries EBIT Historical Data

The historical data trend for Mahip Industries'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.

Mahip Industries EBIT Chart

Mahip Industries 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 -51.13 -183.59 -187.02 -27.41 -8.61

Mahip Industries Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 -27.82 -159.20 -25.66 -1.74 -

Competitive Comparison of Mahip Industries's EBIT

For the Packaging & Containers subindustry, Mahip Industries'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.

Mahip Industries's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mahip Industries's EV-to-EBIT distribution charts can be found below:

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


Mahip Industries 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-27.41 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.

Mahip Industries  (BOM:542503) EBIT Explanation

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

Mahip Industries's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=-9.296 * ( 1 - 0% )/( (514.992 + 515.103)/ 2 )
=-9.296/515.0475
=-1.80 %

where

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))
=392.376 - 123.078 - ( 3.189 - max(0, 367.98 - 122.286+3.189))
=514.992

Invested Capital(Q: Mar. 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))
=332.712 - 87.512 - ( 1.818 - max(0, 312.469 - 42.566+1.818))
=515.103

Note: The Operating Income data used here is two times the semi-annual (Mar. 2023) data.

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

Mahip Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.486/( ( (16.823 + max(-51.136, 0)) + (14.95 + max(-47.12, 0)) )/ 2 )
=-3.486/( ( 16.823 + 14.95 )/ 2 )
=-3.486/15.8865
=-21.94 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(70.873 + 21.247 + 0) - (123.078 + 0 + 20.178)
=-51.136

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.96 + 21.247 + 6.541) - (87.512 + 0 + 0.35599999999999)
=-47.12

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2023) EBIT data.

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

Mahip Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=-27.406/150.909
=-18.16 %

* 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.

Mahip Industries EBIT Related Terms

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Mahip Industries (BOM:542503) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mahip Industries Ltd (BOM:542503) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Makarba, S.G. Road, A-902, Safal Solitaire, Near Divya Bhaskar, Ahmedabad, GJ, IND, 380015
Website
http://www.mahipindustriesltd.in
Mahip Industries Ltd is a manufacturer and trader of corrugated boxes. The company offers corrugated boxes for milk and biscuits, for drugs and medicines, processed and semi-processed foods, edible oils, fruits and vegetables, and for electronic goods.

Mahip Industries (BOM:542503) Headlines

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