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Saraswatiree Depot (BOM:544230) EBIT : ₹464 Mil (TTM As of Sep. 2024)


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What is Saraswatiree Depot EBIT?

Saraswatiree Depot's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹216 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹464 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saraswatiree Depot's annualized ROC % for the quarter that ended in Sep. 2024 was 24.74%. Saraswatiree Depot's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 37.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Saraswatiree Depot's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.43%.

Saraswatiree Depot EBIT Historical Data

The historical data trend for Saraswatiree Depot'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.

Saraswatiree Depot EBIT Chart

Saraswatiree Depot Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
- 210.00 347.24 418.78

Saraswatiree Depot Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 170.89 247.89 216.12

Competitive Comparison of Saraswatiree Depot's EBIT

For the Apparel Retail subindustry, Saraswatiree Depot'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.

Saraswatiree Depot's EV-to-EBIT Distribution in the Retail - Cyclical Industry

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

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


Saraswatiree Depot 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 ₹464 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.

Saraswatiree Depot  (BOM:544230) EBIT Explanation

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

Saraswatiree Depot'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 )
=394.76 * ( 1 - 23.81% )/( (998.7 + 1433.13)/ 2 )
=300.767644/1215.915
=24.74 %

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))
=2059.37 - 961.99 - ( 98.68 - max(0, 1410.27 - 1984.53+98.68))
=998.7

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))
=3251.87 - 1389.29 - ( 429.45 - max(0, 1407.27 - 3164.15+429.45))
=1433.13

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:

Saraswatiree Depot'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 )
=432.24/( ( (28.25 + max(910.32, 0)) + (36.31 + max(1327.43, 0)) )/ 2 )
=432.24/( ( 938.57 + 1363.74 )/ 2 )
=432.24/1151.155
=37.55 %

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)
=(751.26 + 1077.03 + 57.41) - (961.99 + 0 + 13.39)
=910.32

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1086.46 + 1461.32 + 186.92) - (1389.29 + 0 + 17.98)
=1327.43

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:

Saraswatiree Depot's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=464.01/3214.920
=14.43 %

* 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.

Saraswatiree Depot EBIT Related Terms

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Saraswatiree Depot Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Saraswati Saree Depot Ltd (BOM:544230) » Definitions » EBIT
Comparable Companies
NSE:FORCAS BOM:539661 BOM:540210 BOM:540615 BOM:543613 NSE:MUFTI NSE:STYLEBAAZA XMAD:ITX TJX TSE:9983 ROST LULU BOM:500251 BURL LSE:NXT GAP TSX:ATZ LSE:JD. ANF TSE:2670
Traded in Other Exchanges
SSDL:India
Address
Gandhinagar Road, Sr No.144/1 Manademala, Near Tawade Hotel, Uchagaon, Kolhapur, MH, IND, 416005
Website
https://www.saraswatisareedepot.com
Saraswati Saree Depot Ltd is a key player in the sarees wholesale (B2B) segment. It is also engaged in the wholesale business of other women's apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.

Saraswatiree Depot Headlines

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