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Clara Industries (BOM:543435) EBIT : ₹46.1 Mil (TTM As of Sep. 2024)


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What is Clara Industries EBIT?

Clara Industries's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹10.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹46.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clara Industries's annualized ROC % for the quarter that ended in Sep. 2024 was 3.56%. Clara Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Clara Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.25%.

Clara Industries EBIT Historical Data

The historical data trend for Clara 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.

Clara Industries EBIT Chart

Clara Industries Annual Data
Trend Mar22 Mar23 Mar24
EBIT
14.53 54.45 60.87

Clara Industries Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial 27.53 26.91 25.06 35.80 10.27

Competitive Comparison of Clara Industries's EBIT

For the Packaging & Containers subindustry, Clara 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.

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

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

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


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Clara 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹46.1 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.

Clara Industries  (BOM:543435) EBIT Explanation

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

Clara Industries'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 )
=20.356 * ( 1 - 25.19% )/( (415.011 + 440.759)/ 2 )
=15.2283236/427.885
=3.56 %

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))
=457.986 - 19.99 - ( 22.985 - max(0, 45.443 - 389.26+22.985))
=415.011

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))
=457.934 - 5.43 - ( 11.745 - max(0, 40.263 - 391.483+11.745))
=440.759

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:

Clara Industries'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 )
=20.536/( ( (68.704 + max(335.909, 0)) + (66.254 + max(348.872, 0)) )/ 2 )
=20.536/( ( 404.613 + 415.126 )/ 2 )
=20.536/409.8695
=5.01 %

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)
=(82.444 + 71.496 + 212.335) - (19.99 + 0 + 10.376)
=335.909

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169.114 + 99.78 + 105.359) - (5.43 + 0 + 19.951)
=348.872

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=46.071/409.699
=11.25 %

* 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.

Clara Industries EBIT Related Terms

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Clara Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Clara Industries Ltd (BOM:543435) » Definitions » EBIT
Comparable Companies
BOM:526355 BOM:523874 NSE:BULKCORP BOM:539354 BOM:523260 NSE:SATIPOLY BOM:523021 NSE:MEGAFLEX BOM:523840 BOM:506979 IP SW PKG BALL AMCR AVY CCK TSX:CCL.A BERY GPK
Traded in Other Exchanges
N/A
Address
127/1, Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur, Saharanpur, UP, IND, 247001
Website
https://www.clara.co.in
Clara Industries Ltd is engaged in the business of provide manufacturing of LDPE, HDPE, PP, BOPP, adhesive tapes and its related products & activities and manufacturers and traders of plastic bags, industrial packaging self adhesive tapes. printing and plain multilayered flexible packaging. manufacturer of pp plastic mats, twine and ropes.

Clara Industries Headlines

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