Goel Food Products (BOM:543538) EBIT : ₹80.3 Mil (TTM As of Sep. 2024)

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What is Goel Food Products EBIT?

Goel Food Products's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹20.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹80.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Goel Food Products's annualized ROC % for the quarter that ended in Sep. 2024 was 4.05%. Goel Food Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 25.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Goel Food Products's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.98%.

Goel Food Products EBIT Historical Data

The historical data trend for Goel Food Products'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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Goel Food Products EBIT Chart

Goel Food Products Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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25.40

12.44

46.44

80.48

95.27

Goel Food Products Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
EBIT	Get a 7-Day Free Trial					28.71	51.77	35.24	60.04	20.25

Competitive Comparison of Goel Food Products's EBIT

For the Packaged Foods subindustry, Goel Food Products'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.

Goel Food Products's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Goel Food Products's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Goel Food Products's EV-to-EBIT falls into.

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Goel Food Products 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 ₹80.3 Mil.

Goel Food Products (BOM:543538) EBIT Explanation

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

Goel Food Products'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 )
=	29.102 * ( 1 - 25.37% )	/	( (524.845	+	546.796)	/ 2 )
=	21.7188226	/	535.8205
=	4.05 %

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	))
=	584.304	-	24.337	-	( 35.122	-	max(0, 82.426	-	128.579	+	35.122	))
=	524.845

	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	))
=	586.627	-	15.998	-	( 23.833	-	max(0, 78.078	-	161.182	+	23.833	))
=	546.796

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:

Goel Food Products'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 )
=	40.5	/	( ( (160.303 + max(-13.59, 0))	+	(158.133 + max(-33.754, 0)) )	/	2 )
=	40.5	/	( ( 160.303	+	158.133 )	/	2 )
=	40.5	/	159.218
=	25.44 %

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)
=	(20.614	+	8.636	+	6.613)	-	(24.337	+	0	+	25.116)
=	-13.59

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.347	+	8.4	+	6.056)	-	(15.998	+	0	+	45.559)
=	-33.754

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:

Goel Food Products's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	80.287	/	536.052
	=	14.98 %

Goel Food Products EBIT Related Terms

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Goel Food Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goel Food Products Ltd (BOM:543538) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

76/1/2, Golaghata Road, Kolkata, WB, IND, 700048

Website

https://www.bika.co.in

Goel Food Products Ltd is engaged in the business of manufacturing Indian Snacks and Sweets. The company provides services such as organizing events like Marriages, Sangeet, Ring Ceremony, Birthday Parties, Anniversary Parties, Kitty Parties, Corporate Events, Kirtans, and Thread Ceremony at the banquet hall and serves Indian snacks and Sweets at the company retail shop. The company also generates rent income the hotels and guest houses. It operates and manages the banquet and Indian snacks and sweets shop business under the name "BIKA" at various locations in Kolkata.

Goel Food Products Headlines

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