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Retina Paints (BOM:543902) EBIT : ₹47.3 Mil (TTM As of Sep. 2024)


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What is Retina Paints EBIT?

Retina Paints's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹9.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹47.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Retina Paints's annualized ROC % for the quarter that ended in Sep. 2024 was 3.95%. Retina Paints's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Retina Paints's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.83%.


Retina Paints EBIT Historical Data

The historical data trend for Retina Paints'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.

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Retina Paints EBIT Chart

Retina Paints Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
2.22 3.75 5.49 7.86 17.87

Retina Paints Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial 5.97 1.89 -19.78 37.65 9.64

Competitive Comparison of Retina Paints's EBIT

For the Specialty Chemicals subindustry, Retina Paints'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.


Retina Paints's EV-to-EBIT Distribution in the Chemicals Industry

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

* The bar in red indicates where Retina Paints's EV-to-EBIT falls into.


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Retina Paints 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 ₹47.3 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.


Retina Paints  (BOM:543902) EBIT Explanation

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

Retina Paints'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 )
=16.614 * ( 1 - 27.87% )/( (284.363 + 321.905)/ 2 )
=11.9836782/303.134
=3.95 %

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:

Retina Paints'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 )
=19.278/( ( (115.238 + max(145.269, 0)) + (121.673 + max(167.772, 0)) )/ 2 )
=19.278/( ( 260.507 + 289.445 )/ 2 )
=19.278/274.976
=7.01 %

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)
=(113.864 + 68.715 + 15.503) - (50.28 + 0 + 2.533)
=145.269

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(113.026 + 77.47 + 11.149) - (14.93 + 0 + 18.943)
=167.772

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:

Retina Paints's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=47.289/979.941
=4.83 %

* 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.


Retina Paints EBIT Related Terms

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Retina Paints Business Description

Traded in Other Exchanges
N/A
Address
Phase V, IDA, Cherlapally, Block No 2, Floors 2 & 3, Survey No. 184 & 185, Opposite Ganesh Kaman, Rangareddi, Hyderabad, TG, IND, Rangareddi
Retina Paints Ltd is engaged in the manufacturing of decorative paints like distempers, primers, emulsions, and others. After the manufacturing, the products are sold to different distributors. The Company operates in only one segment that is Manufacturing and Selling of Paints.

Retina Paints Headlines

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