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Silicon Rental Solutions (BOM:543615) EBIT : ₹177.8 Mil (TTM As of Mar. 2024)


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What is Silicon Rental Solutions EBIT?

Silicon Rental Solutions's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹85.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹177.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Silicon Rental Solutions's annualized ROC % for the quarter that ended in Mar. 2024 was 19.76%. Silicon Rental Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 28.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Silicon Rental Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.96%.

Silicon Rental Solutions EBIT Historical Data

The historical data trend for Silicon Rental 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.

* Premium members only.

Silicon Rental Solutions EBIT Chart

Silicon Rental Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 24.77 31.75 141.14 148.06 177.84

Silicon Rental Solutions Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only - 76.67 71.39 92.88 84.95

Competitive Comparison of Silicon Rental Solutions's EBIT

For the Information Technology Services subindustry, Silicon Rental 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.

Silicon Rental Solutions's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Silicon Rental Solutions's EV-to-EBIT distribution charts can be found below:

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


Silicon Rental 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹177.8 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.

Silicon Rental Solutions  (BOM:543615) EBIT Explanation

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

Silicon Rental Solutions's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=181.262 * ( 1 - 28.33% )/( (605.142 + 709.439)/ 2 )
=129.9104754/657.2905
=19.76 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=719.411 - 0 - ( 114.269 - max(0, 50.64 - 256.971+114.269))
=605.142

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))
=767.948 - 0 - ( 58.509 - max(0, 81.129 - 328.113+58.509))
=709.439

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Silicon Rental Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=169.908/( ( (462.439 + max(87.379, 0)) + (439.835 + max(192.954, 0)) )/ 2 )
=169.908/( ( 549.818 + 632.789 )/ 2 )
=169.908/591.3035
=28.73 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(132.405 + 5.614 + 0) - (0 + 0 + 50.64)
=87.379

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(263.271 + 0 + 0) - (0 + 0 + 70.317)
=192.954

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=177.836/1622.505
=10.96 %

* 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.

Silicon Rental Solutions EBIT Related Terms

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Silicon Rental Solutions (BOM:543615) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Silicon Rental Solutions Ltd (BOM:543615) » Definitions » EBIT
Comparable Companies
BOM:532411 NSE:FIDEL NSE:YUDIZ BOM:543268 NSE:CADSYS NSE:RSSOFTWARE BOM:532801 NSE:QUICKTOUCH NSE:KODYTECH BOM:517494 ACN NSE:TCS IBM FI NSE:INFY NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052
Website
https://www.silicongroup1.com
Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

Silicon Rental Solutions (BOM:543615) Headlines

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