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Shree Marutinandan Tubes (BOM:544083) EBIT : ₹32 Mil (TTM As of Sep. 2024)


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What is Shree Marutinandan Tubes EBIT?

Shree Marutinandan Tubes's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹12 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shree Marutinandan Tubes's annualized ROC % for the quarter that ended in Sep. 2024 was 5.60%. Shree Marutinandan Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shree Marutinandan Tubes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.08%.


Shree Marutinandan Tubes EBIT Historical Data

The historical data trend for Shree Marutinandan Tubes'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.

Shree Marutinandan Tubes EBIT Chart

Shree Marutinandan Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
8.95 7.62 34.01 41.59

Shree Marutinandan Tubes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 22.36 19.23 12.35

Competitive Comparison of Shree Marutinandan Tubes's EBIT

For the Industrial Distribution subindustry, Shree Marutinandan Tubes'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.


Shree Marutinandan Tubes's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shree Marutinandan Tubes's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shree Marutinandan Tubes's EV-to-EBIT falls into.


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Shree Marutinandan Tubes 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 ₹32 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.


Shree Marutinandan Tubes  (BOM:544083) EBIT Explanation

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

Shree Marutinandan Tubes'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 )
=18.02 * ( 1 - 21.77% )/( (237.406 + 266.218)/ 2 )
=14.097046/251.812
=5.60 %

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:

Shree Marutinandan Tubes'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 )
=24.706/( ( (3.216 + max(199.949, 0)) + (7.672 + max(194.938, 0)) )/ 2 )
=24.706/( ( 203.165 + 202.61 )/ 2 )
=24.706/202.8875
=12.18 %

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)
=(184.989 + 74.001 + 17.458) - (67.502 + 0 + 8.997)
=199.949

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(242.891 + 44.573 + 12.122) - (89.216 + 0 + 15.432)
=194.938

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:

Shree Marutinandan Tubes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=31.583/313.377
=10.08 %

* 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.


Shree Marutinandan Tubes EBIT Related Terms

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Shree Marutinandan Tubes Business Description

Traded in Other Exchanges
N/A
Address
S.P Ring Road, A-21, Second Floor, Amrapali Complex, Bopal, Ahmedabad, GJ, IND, 380058
Shree Marutinandan Tubes Ltd is engaged in trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. It products are widely used in various industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.

Shree Marutinandan Tubes Headlines

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