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Varyaa Creations (BOM:544168) EBIT : ₹8.4 Mil (TTM As of Sep. 2024)


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What is Varyaa Creations EBIT?

Varyaa Creations's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹8.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹8.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Varyaa Creations's annualized ROC % for the quarter that ended in Sep. 2024 was 10.33%. Varyaa Creations's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 23.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Varyaa Creations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.56%.

Varyaa Creations EBIT Historical Data

The historical data trend for Varyaa Creations'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.

Varyaa Creations EBIT Chart

Varyaa Creations Annual Data
Trend Mar21 Mar22 Mar23
EBIT
-0.26 6.77 11.27

Varyaa Creations Semi-Annual Data
Mar21 Mar22 Mar23 Sep24
EBIT - - - 8.43

Competitive Comparison of Varyaa Creations's EBIT

For the Luxury Goods subindustry, Varyaa Creations'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.

Varyaa Creations's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Varyaa Creations's EV-to-EBIT distribution charts can be found below:

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


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Varyaa Creations 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 ₹8.4 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.

Varyaa Creations  (BOM:544168) EBIT Explanation

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

Varyaa Creations'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. 2023 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=16.866 * ( 1 - 26.09% )/( (3.346 + 237.973)/ 2 )
=12.4656606/120.6595
=10.33 %

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))
=200.055 - 190.827 - ( 37.977 - max(0, 194.108 - 199.99+37.977))
=3.346

Invested Capital(Q: Sep. 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))
=275.082 - 9.17 - ( 27.939 - max(0, 36.767 - 259.836+27.939))
=237.973

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:

Varyaa Creations'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. 2023  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.866/( ( (0.036 + max(-32.095, 0)) + (0.078 + max(145.082, 0)) )/ 2 )
=16.866/( ( 0.036 + 145.16 )/ 2 )
=16.866/72.598
=23.23 %

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)
=(0 + 157.224 + 4.789) - (190.827 + 0 + 3.281)
=-32.095

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.836 + 153.423 + 9.59) - (9.17 + 0 + 27.597)
=145.082

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:

Varyaa Creations's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=8.433/236.948
=3.56 %

* 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.

Varyaa Creations EBIT Related Terms

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Varyaa Creations Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Varyaa Creations Ltd (BOM:544168) » Definitions » EBIT
Comparable Companies
BOM:512115 BOM:523826 BOM:539559 BOM:543970 BOM:533189 BOM:512587 BOM:543518 BOM:541444 BOM:534532 BOM:540715 XPAR:MC XPAR:RMS XPAR:CDI XSWX:CFR NSE:TITAN XPAR:KER HKSE:01913 HKSE:06181 TPR OCSE:PNDORA
Traded in Other Exchanges
N/A
Address
Jagannath Shankarseth Marg, Grant Road, 11, Floor-3rd, Plot 5/1721, Kailash Darshan, Kennedy Bridge, Gamdevi, Mumbai, MH, IND, 400007
Website
https://www.varyaacreations.com
Varyaa Creations Ltd is engaged in the business of wholesale trading of gold, silver, precious stones, semi-precious stones, and diamonds. Its products are sold only through the offline market. It also intends to focus on manufacturing and selling jewelry. The company's product portfolio includes necklaces, earrings, Tops, rings, bracelets, Bangles, Gemstones, Diamonds, lab-grown diamonds, and Pearls, and also makes customized jewelry as per customers' needs. The company generates all of its revenue within India.

Varyaa Creations Headlines

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