Earthstahl & Alloys (BOM:543765) EBIT : ₹33.7 Mil (TTM As of Sep. 2024)

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What is Earthstahl & Alloys EBIT?

Earthstahl & Alloys's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹13.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹33.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Earthstahl & Alloys's annualized ROC % for the quarter that ended in Sep. 2024 was 2.70%. Earthstahl & Alloys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Earthstahl & Alloys's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.09%.

Earthstahl & Alloys EBIT Historical Data

The historical data trend for Earthstahl & Alloys'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.

Earthstahl & Alloys EBIT Chart

Earthstahl & Alloys Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

13.78

51.68

121.28

106.18

40.07

Earthstahl & Alloys Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
EBIT	Get a 7-Day Free Trial			83.18	23.00	19.38	20.70	12.96

Competitive Comparison of Earthstahl & Alloys's EBIT

For the Metal Fabrication subindustry, Earthstahl & Alloys'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.

Earthstahl & Alloys's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Earthstahl & Alloys's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Earthstahl & Alloys's EV-to-EBIT falls into.

Earthstahl & Alloys 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 ₹33.7 Mil.

Earthstahl & Alloys (BOM:543765) EBIT Explanation

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

Earthstahl & Alloys'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 )
=	20.778 * ( 1 - 27.02% )	/	( (516.161	+	605.295)	/ 2 )
=	15.1637844	/	560.728
=	2.70 %

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	))
=	603.388	-	82.367	-	( 10.319	-	max(0, 141.26	-	146.12	+	10.319	))
=	516.161

	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	))
=	645.314	-	49.527	-	( 0.728	-	max(0, 174.099	-	164.591	+	0.728	))
=	605.295

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:

Earthstahl & Alloys'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 )
=	25.92	/	( ( (397.256 + max(38.568, 0))	+	(373.846 + max(74.242, 0)) )	/	2 )
=	25.92	/	( ( 435.824	+	448.088 )	/	2 )
=	25.92	/	441.956
=	5.86 %

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)
=	(16.146	+	99.226	+	11.756)	-	(82.367	+	0	+	6.193)
=	38.568

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(17.986	+	130.161	+	6.062)	-	(49.527	+	0	+	30.44)
=	74.242

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:

Earthstahl & Alloys's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	33.656	/	661.766
	=	5.09 %

Earthstahl & Alloys EBIT Related Terms

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Earthstahl & Alloys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Earthstahl & Alloys Ltd (BOM:543765) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

5B, Mohani Merlin Jayshree Vihar, PandraiTarai, Mandi Gate, Raipur, CT, IND, 492001

Website

https://www.earthstahl.com

Earthstahl & Alloys Ltd principal business is the production of Cast Iron Lumps. In addition, it is also engaged in the production of high-end ductile iron, cast iron, steel, alloys, and nonferrous castings. The company produces various parts of pellet plants, cement plants, sponge iron plants, power plants, Sinter plants, automobiles, railways, Mining, Engineering items, pipes and fittings, Agriculture Equipment, and others. The company operates in two segments namely Submerged Arc Furnace and Foundry. It derives the majority of its revenue from the Submerged Arc Furnace segment.

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