GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkade Developers Ltd (BOM:544261) » Definitions » EBIT

Arkade Developers (BOM:544261) EBIT : ₹2,050 Mil (TTM As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Arkade Developers EBIT?

Arkade Developers's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹1,005 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹2,050 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arkade Developers's annualized ROC % for the quarter that ended in Sep. 2024 was 25.20%. Arkade Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 50.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Arkade Developers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.37%.


Arkade Developers EBIT Historical Data

The historical data trend for Arkade Developers'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.

Arkade Developers EBIT Chart

Arkade Developers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
303.54 696.83 742.37 1,790.47

Arkade Developers Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 745.67 1,044.80 1,005.10

Competitive Comparison of Arkade Developers's EBIT

For the Real Estate - Development subindustry, Arkade Developers'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.


Arkade Developers's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arkade Developers's EV-to-EBIT distribution charts can be found below:

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


;
;

Arkade Developers 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 ₹2,050 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.


Arkade Developers  (BOM:544261) EBIT Explanation

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

Arkade Developers'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 )
=1973.39 * ( 1 - 25.88% )/( (5088.43 + 6518.629)/ 2 )
=1462.676668/5803.5295
=25.20 %

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))
=5750.05 - 428.59 - ( 233.03 - max(0, 2196.48 - 5377.84+233.03))
=5088.43

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))
=11305.372 - 417.685 - ( 4369.058 - max(0, 2539.891 - 10904.454+4369.058))
=6518.629

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:

Arkade Developers'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 )
=2010.202/( ( (136.47 + max(3352, 0)) + (163.085 + max(4276.649, 0)) )/ 2 )
=2010.202/( ( 3488.47 + 4439.734 )/ 2 )
=2010.202/3964.102
=50.71 %

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)
=(80.72 + 4879.02 + 181.2) - (428.59 + 0 + 1360.35)
=3352

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(202.848 + 6059.237 + 271.888) - (417.685 + 0 + 1839.639)
=4276.649

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:

Arkade Developers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=2049.903/24483.991
=8.37 %

* 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.


Arkade Developers EBIT Related Terms

Thank you for viewing the detailed overview of Arkade Developers's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Arkade Developers Business Description

Traded in Other Exchanges
Address
A S Marg, Ashok Nagar, Arkade House, Opposite Bhoomi Arkade, Near Children’s Academy, Kandivali (East), Mumbai, MH, IND, 400101
Arkade Developers Ltd is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra. The company's business can be divided into two segments namely Development/construction of residential buildings on land acquired by the company (new projects); and Redevelopment of existing buildings (Redevelopment Projects). The company is involved in the development of new projects and the redevelopment of existing buildings.

Arkade Developers Headlines

No Headlines