Shashwat Furnishing Solutions (BOM:543519) EBIT : ₹-1.59 Mil (TTM As of Sep. 2024)

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What is Shashwat Furnishing Solutions EBIT?

Shashwat Furnishing Solutions's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹1.95 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹-1.59 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shashwat Furnishing Solutions's annualized ROC % for the quarter that ended in Sep. 2024 was 4.16%. Shashwat Furnishing Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shashwat Furnishing Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -1.53%.

Shashwat Furnishing Solutions EBIT Historical Data

The historical data trend for Shashwat Furnishing Solutions'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.

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Shashwat Furnishing Solutions EBIT Chart

Shashwat Furnishing Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

EBIT

1.41

1.60

-7.53

Shashwat Furnishing Solutions Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
EBIT	Get a 7-Day Free Trial			0.74	0.87	-3.99	-3.54	1.95

Competitive Comparison of Shashwat Furnishing Solutions's EBIT

For the Furnishings, Fixtures & Appliances subindustry, Shashwat Furnishing Solutions'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.

Shashwat Furnishing Solutions's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Shashwat Furnishing Solutions's EV-to-EBIT falls into.

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Shashwat Furnishing Solutions 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 ₹-1.59 Mil.

Shashwat Furnishing Solutions (BOM:543519) EBIT Explanation

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

Shashwat Furnishing Solutions'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 )
=	3.906 * ( 1 - 50.22% )	/	( (48.2	+	45.372)	/ 2 )
=	1.9444068	/	46.786
=	4.16 %

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	))
=	54.861	-	4.467	-	( 2.194	-	max(0, 14.942	-	38.586	+	2.194	))
=	48.2

	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	))
=	47.181	-	1.161	-	( 0.648	-	max(0, 7.114	-	33.071	+	0.648	))
=	45.372

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:

Shashwat Furnishing Solutions'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 )
=	3.908	/	( ( (13.949 + max(29.324, 0))	+	(12.729 + max(31.25, 0)) )	/	2 )
=	3.908	/	( ( 43.273	+	43.979 )	/	2 )
=	3.908	/	43.626
=	8.96 %

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)
=	(9.189	+	20.547	+	6.656)	-	(4.467	+	0	+	2.601)
=	29.324

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(14.445	+	15.283	+	2.695)	-	(1.161	+	0	+	0.012)
=	31.25

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:

Shashwat Furnishing Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	-1.589	/	103.917
	=	-1.53 %

Shashwat Furnishing Solutions EBIT Related Terms

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Shashwat Furnishing Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Shashwat Furnishing Solutions Ltd (BOM:543519) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

121, Mahaveer Nagar, K.N. Nagar, Jain Colony, Jodhpur, RJ, IND, 342001

Website

https://www.handicraftsvillage.com

Shashwat Furnishing Solutions Ltd is an Indian handicrafts manufacturer and supplier. It is engaged in the processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture, Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks, and various other decoration and handicrafts objects.

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