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Ekennis Software Service (BOM:543475) EBIT : ₹5.75 Mil (TTM As of Sep. 2023)


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What is Ekennis Software Service EBIT?

Ekennis Software Service's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ₹4.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹5.75 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ekennis Software Service's annualized ROC % for the quarter that ended in Sep. 2023 was 11.42%. Ekennis Software Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 38.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ekennis Software Service's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 4.49%.

Ekennis Software Service EBIT Historical Data

The historical data trend for Ekennis Software Service'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.

Ekennis Software Service EBIT Chart

Ekennis Software Service Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EBIT
2.97 13.05 12.26 11.42

Ekennis Software Service Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
EBIT Get a 7-Day Free Trial 2.85 9.41 10.38 1.04 4.71

Competitive Comparison of Ekennis Software Service's EBIT

For the Information Technology Services subindustry, Ekennis Software Service'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.

Ekennis Software Service's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Ekennis Software Service's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ekennis Software Service's EV-to-EBIT falls into.


Ekennis Software Service 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹5.75 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.

Ekennis Software Service  (BOM:543475) EBIT Explanation

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

Ekennis Software Service's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=7.106 * ( 1 - 49.69% )/( (31.06 + 31.53)/ 2 )
=3.5750286/31.295
=11.42 %

where

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))
=61.24 - 3.338 - ( 26.842 - max(0, 8.457 - 40.743+26.842))
=31.06

Invested Capital(Q: Sep. 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))
=60.531 - 1.453 - ( 27.548 - max(0, 5.851 - 41.562+27.548))
=31.53

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

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

Ekennis Software Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.426/( ( (17.282 + max(5.587, 0)) + (17.34 + max(8.885, 0)) )/ 2 )
=9.426/( ( 22.869 + 26.225 )/ 2 )
=9.426/24.547
=38.40 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.918 + 2.402 + 8.054) - (3.338 + 0 + 4.449)
=5.587

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.893 + 2.87 + 3.251) - (1.453 + 0 + 3.676)
=8.885

When net working capital is negative, 0 is used.

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

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

Ekennis Software Service's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=5.751/128.208
=4.49 %

* 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.

Ekennis Software Service EBIT Related Terms

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Ekennis Software Service (BOM:543475) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ekennis Software Service Ltd (BOM:543475) » Definitions » EBIT
Comparable Companies
BOM:540063 BOM:519463 BOM:530713 BOM:536868 BOM:539122 BOM:542923 BOM:543282 BOM:523387 BOM:540174 BOM:512175 ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
No. 1&2 Second Floor, Neeladri Circle, Electronic City Phase-1, Dodathogur Village, Bangalore, KA, IND, 560100
Website
https://www.ekennis.com
Ekennis Software Service Ltd operates in the Information technology and Printing Industry. It is in the business of Software IT Solution and Consulting Services, IT Product / Software Development and Software Training, Enterprise Resource Planning solutions, Learning Management solutions, 3D Printing, Digital Printing and Packaging Design Management consultancy. The company generates majority of its revenue from Manpower Supply Services.

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