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Rudra Gas Enterprise (BOM:544121) EBIT : ₹82.7 Mil (TTM As of Mar. 2024)


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What is Rudra Gas Enterprise EBIT?

Rudra Gas Enterprise's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹82.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹82.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rudra Gas Enterprise's annualized ROC % for the quarter that ended in Mar. 2024 was 18.48%. Rudra Gas Enterprise's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 27.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rudra Gas Enterprise's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.42%.

Rudra Gas Enterprise EBIT Historical Data

The historical data trend for Rudra Gas Enterprise'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.

Rudra Gas Enterprise EBIT Chart

Rudra Gas Enterprise Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
24.61 34.83 63.39 82.66

Rudra Gas Enterprise Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT 24.61 34.83 63.39 82.66

Competitive Comparison of Rudra Gas Enterprise's EBIT

For the Engineering & Construction subindustry, Rudra Gas Enterprise'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.

Rudra Gas Enterprise's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rudra Gas Enterprise's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rudra Gas Enterprise's EV-to-EBIT falls into.


Rudra Gas Enterprise 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 ₹82.7 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.

Rudra Gas Enterprise  (BOM:544121) EBIT Explanation

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

Rudra Gas Enterprise'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 )
=86.253 * ( 1 - 24.73% )/( (272.487 + 430.325)/ 2 )
=64.9226331/351.406
=18.48 %

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))
=336.684 - 55.877 - ( 8.32 - max(0, 190.819 - 241.286+8.32))
=272.487

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))
=576.819 - 53.927 - ( 92.567 - max(0, 244.515 - 473.153+92.567))
=430.325

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

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

Rudra Gas Enterprise'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 )
=82.664/( ( (78.607 + max(177.038, 0)) + (79.984 + max(271.478, 0)) )/ 2 )
=82.664/( ( 255.645 + 351.462 )/ 2 )
=82.664/303.5535
=27.23 %

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)
=(83.278 + 15.362 + 134.326) - (55.877 + 0 + 0.050999999999988)
=177.038

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169.208 + 19.826 + 153.955) - (53.927 + 0 + 17.584)
=271.478

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:

Rudra Gas Enterprise's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=82.664/1287.163
=6.42 %

* 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.

Rudra Gas Enterprise EBIT Related Terms

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Rudra Gas Enterprise Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rudra Gas Enterprise Ltd (BOM:544121) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Science City Road, B-702, The Capital Building, Opposite Hetarth Party Plot, Sola, Ahmedabad, GJ, IND, 380060
Website
https://www.rudragasenterprise.com
Rudra Gas Enterprise Ltd is engaged in various facets of the infrastructure sector. It is mainly engaged in gas distribution network projects, fiber cable networks, and renting of construction machinery and vehicles, and provides end-to-end solutions for the city gas distribution sector. City gas distribution business comprises of laying of pipelines for the distribution of the city gas network and construction of associated facilities like CNG (Compressed Natural Gas) stations, erection, installation, testing, and commissioning of the underground pipelines, maintenance, and repair facilities and cater domestic household use; commercial use such as manufacturing industry, power generation, hotels, hospitals, restaurant and offices; and transport sector use in vehicles.

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