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Gandhar Oil Refinery (India) (BOM:544029) EBIT : ₹1,917 Mil (TTM As of Mar. 2024)


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What is Gandhar Oil Refinery (India) EBIT?

Gandhar Oil Refinery (India)'s earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹329 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,917 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gandhar Oil Refinery (India)'s annualized ROC % for the quarter that ended in Mar. 2024 was 5.57%. Gandhar Oil Refinery (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gandhar Oil Refinery (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.61%.

Gandhar Oil Refinery (India) EBIT Historical Data

The historical data trend for Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India) EBIT Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
2,280.87 2,450.08 3,233.66 2,684.89

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Dec23 Mar24
EBIT Get a 7-Day Free Trial 816.63 483.03 770.38 818.03 328.51

Competitive Comparison of Gandhar Oil Refinery (India)'s EBIT

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India)'s EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s EV-to-EBIT falls into.


Gandhar Oil Refinery (India) 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 quarterly data reported by the company within the most recent 12 months, which was ₹1,917 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.

Gandhar Oil Refinery (India)  (BOM:544029) EBIT Explanation

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

Gandhar Oil Refinery (India)'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1122.48 * ( 1 - 36.96% )/( (0 + 12708.51)/ 1 )
=707.611392/12708.51
=5.57 %

where

Invested Capital(Q: Dec. 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))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

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))
=19399.94 - 3721.78 - ( 2969.65 - max(0, 6161.3 - 15520.65+2969.65))
=12708.51

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

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

Gandhar Oil Refinery (India)'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1314.04/( ( (0 + max(0, 0)) + (3669.54 + max(8111.77, 0)) )/ 1 )
=1314.04/( ( 0 + 11781.31 )/ 1 )
=1314.04/11781.31
=11.15 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6232.58 + 4477.47 + 1792.88) - (3721.78 + 0 + 669.38)
=8111.77

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Gandhar Oil Refinery (India)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1916.92/19940.601
=9.61 %

* 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.

Gandhar Oil Refinery (India) EBIT Related Terms

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Gandhar Oil Refinery (India) (BOM:544029) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gandhar Oil Refinery (India) Ltd (BOM:544029) » Definitions » EBIT
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Traded in Other Exchanges
GANDHAR:India
Address
S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062
Website
https://www.gandharoil.com
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The Company is engaged in three segments namely, manufacturing and trading of petroleum products/specialty oils, trading of non-coking coal, and providing consignment, del-credere agency services for sale of polymers to local markets.

Gandhar Oil Refinery (India) (BOM:544029) Headlines

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