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United Cotfab (BOM:544195) EBIT : ₹143 Mil (TTM As of Sep. 2024)


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What is United Cotfab EBIT?

United Cotfab's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹143 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. United Cotfab's annualized ROC % for the quarter that ended in Sep. 2024 was 7.32%. United Cotfab's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. United Cotfab's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.35%.

United Cotfab EBIT Historical Data

The historical data trend for United Cotfab'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.

United Cotfab EBIT Chart

United Cotfab Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
-0.01 0.16 2.10 152.66

United Cotfab Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 55.04 97.62 45.64

Competitive Comparison of United Cotfab's EBIT

For the Textile Manufacturing subindustry, United Cotfab'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.

United Cotfab's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, United Cotfab's EV-to-EBIT distribution charts can be found below:

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


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United Cotfab 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 ₹143 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.

United Cotfab  (BOM:544195) EBIT Explanation

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

United Cotfab'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 )
=89.2 * ( 1 - 33.37% )/( (657.986 + 965.319)/ 2 )
=59.43396/811.6525
=7.32 %

where

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))
=816.846 - 158.853 - ( 0.007 - max(0, 248.592 - 345.069+0.007))
=657.986

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))
=1145.499 - 174.589 - ( 5.591 - max(0, 268.265 - 647.853+5.591))
=965.319

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:

United Cotfab'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 )
=91.27/( ( (446.099 + max(169.875, 0)) + (452.919 + max(354.071, 0)) )/ 2 )
=91.27/( ( 615.974 + 806.99 )/ 2 )
=91.27/711.482
=12.83 %

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)
=(177.988 + 138.989 + 26.381) - (158.853 + 0 + 14.63)
=169.875

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(361.106 + 181.007 + 8.963) - (174.589 + 0 + 22.416)
=354.071

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:

United Cotfab's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=143.254/933.272
=15.35 %

* 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.

United Cotfab EBIT Related Terms

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United Cotfab Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » United Cotfab Ltd (BOM:544195) » Definitions » EBIT
Comparable Companies
BOM:540377 BOM:531744 BOM:500170 BOM:535387 BOM:521232 BOM:514312 BOM:514087 BOM:502933 BOM:514280 NSE:LAXMICOT HKSE:02313 TSE:3402 TPE:1402 SZSE:000158 IST:SASA SHSE:601233 BOM:532889 SHSE:600295 AIN TPE:2915
Traded in Other Exchanges
N/A
Address
Pirana Octroi Naka, Survey No.238, 239, Shahwadi Near, Narol, Ahmedabad, GJ, IND, 382405
Website
https://www.unitedcotfab.com
United Cotfab Ltd is engaged in the manufacturing of high-quality open-end yarn catering to the textile industry. Its manufacturing process adheres to stringent quality standards and is backed by technology and machinery. The company follows a systematic approach that includes raw material selection, blending (if required), spinning, winding, and quality control.

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