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HariOm Pipe Industries (BOM:543517) EBIT : ₹1,229 Mil (TTM As of Sep. 2024)


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What is HariOm Pipe Industries EBIT?

HariOm Pipe Industries's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹311 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹1,229 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HariOm Pipe Industries's annualized ROC % for the quarter that ended in Sep. 2024 was 9.73%. HariOm Pipe Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HariOm Pipe Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.79%.


HariOm Pipe Industries EBIT Historical Data

The historical data trend for HariOm Pipe 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.

HariOm Pipe Industries EBIT Chart

HariOm Pipe Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 184.95 285.34 504.26 724.61 1,096.01

HariOm Pipe Industries 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 273.96 249.62 332.04 336.82 310.81

Competitive Comparison of HariOm Pipe Industries's EBIT

For the Steel subindustry, HariOm Pipe 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.


HariOm Pipe Industries's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, HariOm Pipe Industries's EV-to-EBIT distribution charts can be found below:

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



HariOm Pipe 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 quarterly data reported by the company within the most recent 12 months, which was ₹1,229 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.


HariOm Pipe Industries  (BOM:543517) EBIT Explanation

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

HariOm Pipe 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: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1205.572 * ( 1 - 26.91% )/( (0 + 9060.637)/ 1 )
=881.1525748/9060.637
=9.73 %

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))
=10254.335 - 1163.819 - ( 29.879 - max(0, 3592.605 - 5696.436+29.879))
=9060.637

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

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

HariOm Pipe 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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1243.256/( ( (0 + max(0, 0)) + (3831.446 + max(4355.056, 0)) )/ 1 )
=1243.256/( ( 0 + 8186.502 )/ 1 )
=1243.256/8186.502
=15.19 %

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)
=(1956.019 + 3156.334 + 554.204) - (1163.819 + 0 + 147.682)
=4355.056

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=1229.291/21228.555
=5.79 %

* 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.


HariOm Pipe Industries EBIT Related Terms

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HariOm Pipe Industries Business Description

Traded in Other Exchanges
Address
Samarpan Lane, Plot 3-4-174/12/2, 1st Floor, Besides Spencer’s, Pillar No. 125, Attapur, Hyderabad, TG, IND, 500 048
HariOm Pipe Industries Ltd is engaged in business of Manufacturing & selling of Steel Products. The products are used in industries such as housing, infrastructure, agriculture, automotive solar, fabrication, and engineering.

HariOm Pipe Industries Headlines

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