Polycab India (BOM:542652) EBIT : ₹24,635 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Polycab India EBIT?

Polycab India's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹7,497 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹24,635 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Polycab India's annualized ROC % for the quarter that ended in Mar. 2024 was 24.12%. Polycab India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 51.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Polycab India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.59%.

Polycab India EBIT Historical Data

The historical data trend for Polycab 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.

* Premium members only.

Polycab India EBIT Chart

Polycab India Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

10,371.35

10,377.91

11,320.30

17,670.13

24,676.40

Polycab India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															6,012.23	5,512.44	5,839.44	5,786.20	7,496.62

Competitive Comparison of Polycab India's EBIT

For the Electrical Equipment & Parts subindustry, Polycab 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.

Polycab India's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Polycab India's EV-to-EBIT distribution charts can be found below:

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

Polycab 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹24,635 Mil.

Polycab India (BOM:542652) EBIT Explanation

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

Polycab India'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: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	27832.96 * ( 1 - 23.69% )	/	( (0	+	88066.54)	/ 1 )
=	21239.331776	/	88066.54
=	24.12 %

where

	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

	Invested Capital		(Q: Mar. 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	))
=	120788.84	-	10139.03	-	( 22583.27	-	max(0, 35778.95	-	87139.61	+	22583.27	))
=	88066.54

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

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

Polycab India'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: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	29986.48	/	( ( (0 + max(0, 0))	+	(28190.29 + max(29811.06, 0)) )	/	1 )
=	29986.48	/	( ( 0	+	58001.35 )	/	1 )
=	29986.48	/	58001.35
=	51.70 %

where Working Capital is:

	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

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(20471.17	+	36751.14	+	7227.77)	-	(10139.03	+	0	+	24499.99)
=	29811.06

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	24634.7	/	950924.257
	=	2.59 %

Polycab India EBIT Related Terms

Thank you for viewing the detailed overview of Polycab India's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Polycab India (BOM:542652) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polycab India Ltd (BOM:542652) » Definitions » EBIT

Traded in Other Exchanges

POLYCAB:India

Address

No. 29, Senapati Bapat Marg, Tulsi Pipe Road, The Ruby, 21st Floor, Dadar (West), Mumbai, MH, IND, 400028

Website

https://www.polycab.com

Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and Others segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.

Polycab India (BOM:542652) Headlines

No Headlines