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Eureka Forbes (BOM:543482) EBIT : ₹1,684 Mil (TTM As of Sep. 2024)


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What is Eureka Forbes EBIT?

Eureka Forbes's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹654 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹1,684 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Eureka Forbes's annualized ROC % for the quarter that ended in Sep. 2024 was 2.79%. Eureka Forbes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 84.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Eureka Forbes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.45%.


Eureka Forbes EBIT Historical Data

The historical data trend for Eureka Forbes'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.

Eureka Forbes EBIT Chart

Eureka Forbes Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial -2.96 -14.24 114.08 583.16 1,379.81

Eureka Forbes Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 407.04 324.19 257.57 448.55 654.05

Competitive Comparison of Eureka Forbes's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Eureka Forbes'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.


Eureka Forbes's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Eureka Forbes's EV-to-EBIT distribution charts can be found below:

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



Eureka Forbes 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 quarterly data reported by the company within the most recent 12 months, which was ₹1,684 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.


Eureka Forbes  (BOM:543482) EBIT Explanation

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

Eureka Forbes'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: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=2360.476 * ( 1 - 25.09% )/( (0 + 63362.288)/ 1 )
=1768.2325716/63362.288
=2.79 %

where

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))
=63316.259 - 2537.567 - ( 2029.442 - max(0, 10656.566 - 8072.97+2029.442))
=63362.288

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

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

Eureka Forbes'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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2616.188/( ( (0 + max(0, 0)) + (3089.279 + max(-3981.082, 0)) )/ 1 )
=2616.188/( ( 0 + 3089.279 )/ 1 )
=2616.188/3089.279
=84.69 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2020.743 + 3394.013 + 623.945) - (2537.567 + 0 + 7482.216)
=-3981.082

When net working capital is negative, 0 is used.

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

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

Eureka Forbes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1684.357/115977.415
=1.45 %

* 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.


Eureka Forbes EBIT Related Terms

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Eureka Forbes Business Description

Traded in Other Exchanges
Address
Off Ganpatrao Kadam Marg, B1/B2, 701, 7th Floor, Marathon Innova, Lower Parel, Mumbai, MH, IND, 400013
Eureka Forbes Ltd is engaged in manufacturing, selling, renting, and servicing of vacuum cleaners, water purifiers, trading in electronic air cleaning systems, etc. Its main revenue is generated from the sale of water purifiers, spares, and servicing. Geographically, the company derives a majority of its revenue from its customers in India.

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