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CFF Fluid Control (BOM:543920) EBIT : ₹264 Mil (TTM As of Mar. 2024)


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What is CFF Fluid Control EBIT?

CFF Fluid Control's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹107 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹264 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CFF Fluid Control's annualized ROC % for the quarter that ended in Mar. 2024 was 10.36%. CFF Fluid Control's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 15.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CFF Fluid Control's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.91%.

CFF Fluid Control EBIT Historical Data

The historical data trend for CFF Fluid Control'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.

CFF Fluid Control EBIT Chart

CFF Fluid Control Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
37.52 18.47 116.53 175.09 264.17

CFF Fluid Control Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial - 96.96 - 157.56 106.60

Competitive Comparison of CFF Fluid Control's EBIT

For the Aerospace & Defense subindustry, CFF Fluid Control'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.

CFF Fluid Control's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CFF Fluid Control's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CFF Fluid Control's EV-to-EBIT falls into.


CFF Fluid Control 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 ₹264 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.

CFF Fluid Control  (BOM:543920) EBIT Explanation

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

CFF Fluid Control'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 )
=211.96 * ( 1 - 29.29% )/( (1479.73 + 1412.933)/ 2 )
=149.876916/1446.3315
=10.36 %

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))
=1602.472 - 103.777 - ( 18.965 - max(0, 306.173 - 1260.766+18.965))
=1479.73

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))
=1611.593 - 25.928 - ( 172.732 - max(0, 286.76 - 1215.94+172.732))
=1412.933

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:

CFF Fluid Control'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 )
=213.204/( ( (326.61 + max(1033.28, 0)) + (387.087 + max(926.546, 0)) )/ 2 )
=213.204/( ( 1359.89 + 1313.633 )/ 2 )
=213.204/1336.7615
=15.95 %

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)
=(462.471 + 471.732 + 306.703) - (103.777 + 0 + 103.849)
=1033.28

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(88.23 + 526.818 + 427.374) - (25.928 + 0 + 89.948)
=926.546

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:

CFF Fluid Control's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=264.165/9086.356
=2.91 %

* 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.

CFF Fluid Control EBIT Related Terms

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CFF Fluid Control (BOM:543920) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CFF Fluid Control Ltd (BOM:543920) » Definitions » EBIT
Comparable Companies
BOM:504176 BOM:522229 BOM:523606 BOM:537669 BOM:509563 BOM:540879 BOM:543367 BOM:543650 RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR.
Traded in Other Exchanges
N/A
Address
503, Delphi, A Wing, Orchard Avenue, Hiranandani Business Park, Powai, Mumbai, MH, IND, 400076
Website
https://www.cffdefensys.com
CFF Fluid Control Ltd is primarily in the business of manufacturing and servicing shipboard machinery, critical component systems and test facilities for submarines & surface ships for The Indian Navy. The company also design, manufacture and service Mechanical equipment and systems for industries like Nuclear and Clean Energy.

CFF Fluid Control (BOM:543920) Headlines

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