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Modis Navnirman (BOM:543539) EBIT : ₹112.6 Mil (TTM As of Sep. 2024)


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What is Modis Navnirman EBIT?

Modis Navnirman's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹60.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹112.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Modis Navnirman's annualized ROC % for the quarter that ended in Sep. 2024 was 7.15%. Modis Navnirman's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 16.08%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Modis Navnirman's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 2.33%.

Modis Navnirman EBIT Historical Data

The historical data trend for Modis Navnirman'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.

Modis Navnirman EBIT Chart

Modis Navnirman Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
21.97 5.75 11.24 93.87 90.72

Modis Navnirman Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial 46.51 47.35 38.97 51.75 60.82

Competitive Comparison of Modis Navnirman's EBIT

For the Real Estate - Development subindustry, Modis Navnirman'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.

Modis Navnirman's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Modis Navnirman's EV-to-EBIT distribution charts can be found below:

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


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Modis Navnirman 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 ₹112.6 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.

Modis Navnirman  (BOM:543539) EBIT Explanation

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

Modis Navnirman'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 )
=104.392 * ( 1 - 25.18% )/( (965.14 + 1220.004)/ 2 )
=78.1060944/1092.572
=7.15 %

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))
=1126.899 - 85.079 - ( 76.68 - max(0, 214.287 - 960.778+76.68))
=965.14

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))
=1338.05 - 87.232 - ( 30.814 - max(0, 298.343 - 1259.492+30.814))
=1220.004

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:

Modis Navnirman'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 )
=121.646/( ( (0.109 + max(669.811, 0)) + (0.133 + max(842.825, 0)) )/ 2 )
=121.646/( ( 669.92 + 842.958 )/ 2 )
=121.646/756.439
=16.08 %

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)
=(23.686 + 836.069 + 24.343) - (85.079 + 0 + 129.208)
=669.811

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.033 + 1113.735 + 17.4) - (87.232 + 0 + 211.111)
=842.825

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:

Modis Navnirman's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=112.577/4832.769
=2.33 %

* 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.

Modis Navnirman EBIT Related Terms

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Modis Navnirman Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Modis Navnirman Ltd (BOM:543539) » Definitions » EBIT
Comparable Companies
BOM:531771 BOM:543218 BOM:542231 NSE:EMAMIREAL BOM:543543 BOM:531381 BOM:530677 BOM:503031 BOM:530377 BOM:511702 DFM:EMAAR HKSE:00016 PHS:HVN HKSE:01109 TSE:1925 HKSE:00688 BOM:532868 ADX:ALDAR HKSE:01113 BOM:543287
Traded in Other Exchanges
N/A
Address
M G Road, Shop No. 1, Rashmi Heights, Opposite Kamla Nagar, Kandivali (West), Mumbai, MH, IND, 400067
Website
https://www.modisnirman.com
Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Badshah Residency, Rashmi Jewel, Rashmi Terrace and others.

Modis Navnirman Headlines

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