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Archean Chemical Industries (BOM:543657) EBIT : ₹4,341 Mil (TTM As of Mar. 2024)


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What is Archean Chemical Industries EBIT?

Archean Chemical Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹799 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹4,341 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Archean Chemical Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 13.37%. Archean Chemical Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Archean Chemical Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.55%.


Archean Chemical Industries EBIT Historical Data

The historical data trend for Archean Chemical Industries'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.

Archean Chemical Industries EBIT Chart

Archean Chemical Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
1,048.06 2,207.17 4,118.99 6,056.85 4,341.06

Archean Chemical Industries Quarterly Data
Mar20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,824.85 1,280.57 891.47 1,370.21 798.81

Competitive Comparison of Archean Chemical Industries's EBIT

For the Chemicals subindustry, Archean Chemical Industries'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.


Archean Chemical Industries's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Archean Chemical Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Archean Chemical Industries's EV-to-EBIT falls into.



Archean Chemical Industries 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 quarterly data reported by the company within the most recent 12 months, which was ₹4,341 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.


Archean Chemical Industries  (BOM:543657) EBIT Explanation

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

Archean Chemical Industries'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=2839.308 * ( 1 - 27.76% )/( (0 + 15346.05)/ 1 )
=2051.1160992/15346.05
=13.37 %

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))
=20558.643 - 1239.063 - ( 3973.53 - max(0, 1348.713 - 7261.595+3973.53))
=15346.05

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

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

Archean Chemical Industries'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3195.244/( ( (0 + max(0, 0)) + (12057.847 + max(2003.97, 0)) )/ 1 )
=3195.244/( ( 0 + 14061.817 )/ 1 )
=3195.244/14061.817
=22.72 %

where Working Capital is:

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

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1563.788 + 1272.934 + 443.585) - (1239.063 + 0 + 37.274)
=2003.97

When net working capital is negative, 0 is used.

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

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

Archean Chemical Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=4341.055/78273.939
=5.55 %

* 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.


Archean Chemical Industries EBIT Related Terms

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Archean Chemical Industries (BOM:543657) Business Description

Traded in Other Exchanges
Address
No. 2, North Crescent Road, T Nagar, Chennai, TN, IND, 600 017
Archean Chemical Industries Ltd exporter of bromine and industrial salt. It is a specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.

Archean Chemical Industries (BOM:543657) Headlines

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