Harsha Engineers International (BOM:543600) EBIT : ₹1,881 Mil (TTM As of Dec. 2024)

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What is Harsha Engineers International EBIT?

Harsha Engineers International's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹394 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹1,881 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Harsha Engineers International's annualized ROC % for the quarter that ended in Dec. 2024 was 7.65%. Harsha Engineers International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 16.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Harsha Engineers International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.48%.

Harsha Engineers International EBIT Historical Data

The historical data trend for Harsha Engineers International'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.

Harsha Engineers International EBIT Chart

Harsha Engineers International Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

610.37

873.07

1,488.40

1,829.60

1,615.20

Harsha Engineers International Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial											408.20	523.10	528.60	435.30	394.10

Competitive Comparison of Harsha Engineers International's EBIT

For the Tools & Accessories subindustry, Harsha Engineers International'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.

Harsha Engineers International's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harsha Engineers International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Harsha Engineers International's EV-to-EBIT falls into.

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Harsha Engineers International 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,881 Mil.

Harsha Engineers International (BOM:543600) EBIT Explanation

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

Harsha Engineers International's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	1307.6 * ( 1 - 28.41% )	/	( (12237.6	+	0)	/ 1 )
=	936.11084	/	12237.6
=	7.65 %

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	))
=	16232.3	-	1028.9	-	( 2965.8	-	max(0, 3485.4	-	10462.6	+	2965.8	))
=	12237.6

	Invested Capital		(Q: Dec. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

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

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

Harsha Engineers International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1576.4	/	( ( (4081.1 + max(5224.6, 0))	+	(0 + max(0, 0)) )	/	1 )
=	1576.4	/	( ( 9305.7	+	0 )	/	1 )
=	1576.4	/	9305.7
=	16.94 %

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3102.8	+	3655	+	367)	-	(1028.9	+	0	+	871.3)
=	5224.6

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

When net working capital is negative, 0 is used.

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

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

Harsha Engineers International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	1881.1	/	34315.679
	=	5.48 %

Harsha Engineers International EBIT Related Terms

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Harsha Engineers International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harsha Engineers International Ltd (BOM:543600) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

HARSHA:India

Address

NH – 8A,Sarkhej-Bavla Highway, Changodar, Ahmedabad, GJ, IND, 382213

Website

https://www.harshaengineers.com

Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.

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