Ahasolar Technologies (BOM:543941) EBIT : ₹0.6 Mil (TTM As of Mar. 2024)

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What is Ahasolar Technologies EBIT?

Ahasolar Technologies's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹0.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ahasolar Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was -3.67%. Ahasolar Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ahasolar Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.06%.

Ahasolar Technologies EBIT Historical Data

The historical data trend for Ahasolar Technologies'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.

Ahasolar Technologies EBIT Chart

Ahasolar Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

0.24

1.10

9.26

15.84

0.63

Ahasolar Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
EBIT	0.24	1.10	9.26	15.84	0.63

Competitive Comparison of Ahasolar Technologies's EBIT

For the Software - Application subindustry, Ahasolar Technologies'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.

Ahasolar Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Ahasolar Technologies's EV-to-EBIT distribution charts can be found below:

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

Ahasolar Technologies 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.6 Mil.

Ahasolar Technologies (BOM:543941) EBIT Explanation

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

Ahasolar Technologies'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: Mar. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-4.192 * ( 1 - 25.7% )	/	( (40.02	+	129.618)	/ 2 )
=	-3.114656	/	84.819
=	-3.67 %

where

	Invested Capital		(Q: Mar. 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	))
=	52.556	-	7.716	-	( 4.82	-	max(0, 10.83	-	43.044	+	4.82	))
=	40.02

	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	))
=	174.28	-	2.344	-	( 42.318	-	max(0, 12.783	-	95.212	+	42.318	))
=	129.618

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

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

Ahasolar Technologies'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: Mar. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.632	/	( ( (0.808 + max(27.394, 0))	+	(0.739 + max(38.697, 0)) )	/	2 )
=	0.632	/	( ( 28.202	+	39.436 )	/	2 )
=	0.632	/	33.819
=	1.87 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(28.232	+	0	+	9.992)	-	(7.716	+	0	+	3.114)
=	27.394

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(45.101	+	0.162	+	6.217)	-	(2.344	+	0	+	10.439)
=	38.697

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

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

Ahasolar Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	0.632	/	1041.771
	=	0.06 %

Ahasolar Technologies EBIT Related Terms

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Ahasolar Technologies (BOM:543941) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ahasolar Technologies Ltd (BOM:543941) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sattadhar Cross Road, Office No. 207, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061

Website

https://www.ahasolar.in

Ahasolar Technologies Ltd is engaged in the business of Cleantech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry and to cater to it the company developed an AI-based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. The company's core businesses are Solar Software Services, Solar Marketplace, and Solar Advisory and Consultancy services.

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