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Promax Power (BOM:543375) EBIT : ₹43.6 Mil (TTM As of Sep. 2024)


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What is Promax Power EBIT?

Promax Power's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹24.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹43.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Promax Power's annualized ROC % for the quarter that ended in Sep. 2024 was 8.00%. Promax Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 17.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Promax Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.96%.

Promax Power EBIT Historical Data

The historical data trend for Promax Power'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.

Promax Power EBIT Chart

Promax Power Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
12.23 14.04 20.04 32.48

Promax Power Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial 11.23 8.81 13.64 18.84 24.71

Competitive Comparison of Promax Power's EBIT

For the Engineering & Construction subindustry, Promax Power'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.

Promax Power's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Promax Power's EV-to-EBIT distribution charts can be found below:

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


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Promax Power 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 semi-annually data reported by the company within the most recent 12 months, which was ₹43.6 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.

Promax Power  (BOM:543375) EBIT Explanation

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

Promax Power'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: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=45.746 * ( 1 - 24.91% )/( (432.89 + 425.827)/ 2 )
=34.3506714/429.3585
=8.00 %

where

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))
=610.799 - 177.501 - ( 0.408 - max(0, 330.872 - 558.263+0.408))
=432.89

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))
=761.145 - 280.437 - ( 54.881 - max(0, 463.54 - 711.187+54.881))
=425.827

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

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

Promax Power'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: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=49.418/( ( (4.035 + max(355.112, 0)) + (3.792 + max(203.941, 0)) )/ 2 )
=49.418/( ( 359.147 + 207.733 )/ 2 )
=49.418/283.44
=17.44 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(257.112 + 146.221 + 154.522) - (177.501 + 0 + 25.242)
=355.112

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(354.254 + 178.432 + -0.00099999999997635) - (280.437 + 0 + 48.307)
=203.941

When net working capital is negative, 0 is used.

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

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

Promax Power's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=43.552/877.415
=4.96 %

* 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.

Promax Power EBIT Related Terms

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Promax Power Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Promax Power Ltd (BOM:543375) » Definitions » EBIT
Comparable Companies
NSE:SAIFL NSE:RULKA NSE:SKIL BOM:544121 NSE:VLINFRA BOM:530361 BOM:532629 BOM:540786 BOM:511411 NSE:SONUINFRA XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J XKRX:028260
Traded in Other Exchanges
N/A
Address
Sector 82, Industrial Area, Plot No 148 A, JLPL, Mohali, PB, IND, 140306
Website
https://www.promax.co.in
Promax Power Ltd is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects. The company also provides turnkey execution of civil infrastructure projects such as industrial buildings and turnkey execution of water infrastructure management projects such as water transmission and distribution work.

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