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Rex Sealing and Packaging Industries (BOM:543744) EBIT : ₹46.2 Mil (TTM As of Sep. 2024)


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What is Rex Sealing and Packaging Industries EBIT?

Rex Sealing and Packaging Industries's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹16.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹46.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rex Sealing and Packaging Industries's annualized ROC % for the quarter that ended in Sep. 2024 was 11.47%. Rex Sealing and Packaging Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 21.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rex Sealing and Packaging Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.71%.


Rex Sealing and Packaging Industries EBIT Historical Data

The historical data trend for Rex Sealing and Packaging 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.

Rex Sealing and Packaging Industries EBIT Chart

Rex Sealing and Packaging Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
21.04 9.76 8.54 9.70 38.15

Rex Sealing and Packaging Industries Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial 13.93 -3.79 7.96 30.19 16.00

Competitive Comparison of Rex Sealing and Packaging Industries's EBIT

For the Specialty Business Services subindustry, Rex Sealing and Packaging 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.


Rex Sealing and Packaging Industries's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rex Sealing and Packaging Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rex Sealing and Packaging Industries's EV-to-EBIT falls into.


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Rex Sealing and Packaging 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹46.2 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.


Rex Sealing and Packaging Industries  (BOM:543744) EBIT Explanation

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

Rex Sealing and Packaging Industries'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 )
=28.824 * ( 1 - 18.11% )/( (192.466 + 219.272)/ 2 )
=23.6039736/205.869
=11.47 %

where

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:

Rex Sealing and Packaging Industries'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 )
=31.992/( ( (23.834 + max(138.545, 0)) + (25.403 + max(115.9, 0)) )/ 2 )
=31.992/( ( 162.379 + 141.303 )/ 2 )
=31.992/151.841
=21.07 %

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)
=(78.574 + 68.217 + 30.951) - (19.1 + 0 + 20.097)
=138.545

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(90.928 + 72.234 + 1.985) - (23.496 + 0 + 25.751)
=115.9

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:

Rex Sealing and Packaging Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=46.182/431.040
=10.71 %

* 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.


Rex Sealing and Packaging Industries EBIT Related Terms

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Rex Sealing and Packaging Industries Business Description

Traded in Other Exchanges
N/A
Address
D K Road, A-207, 2nd Floor, Plot No.711 A, Byculla Services Industries, Ghodapdeo, Byculla (East), Mumbai, MH, IND, 400027
Rex Sealing and Packaging Industries Ltd is a manufacturer and exporter of sealing packing and insulation products including jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature resistant textiles, ceramic fiber products, and others.

Rex Sealing and Packaging Industries Headlines

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