Garuda Construction and Engineering (BOM:544271) EBIT : ₹ Mil (TTM As of Mar. 2024)

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

What is Garuda Construction and Engineering EBIT?

Garuda Construction and Engineering's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹497 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Garuda Construction and Engineering's annualized ROC % for the quarter that ended in Mar. 2024 was 26.73%. Garuda Construction and Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 69.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Garuda Construction and Engineering EBIT Historical Data

The historical data trend for Garuda Construction and Engineering'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.

Garuda Construction and Engineering EBIT Chart

Garuda Construction and Engineering Annual Data

Trend

Mar22

Mar23

Mar24

EBIT

267.30

554.38

496.62

Garuda Construction and Engineering Semi-Annual Data
	Mar22	Mar23	Mar24
EBIT	267.30	554.38	496.62

Competitive Comparison of Garuda Construction and Engineering's EBIT

For the Engineering & Construction subindustry, Garuda Construction and Engineering'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.

Garuda Construction and Engineering's EV-to-EBIT Distribution in the Construction Industry

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

* The bar in red indicates where Garuda Construction and Engineering's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

Garuda Construction and Engineering 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 ₹ Mil.

Garuda Construction and Engineering (BOM:544271) EBIT Explanation

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

Garuda Construction and Engineering'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 )
=	500.562 * ( 1 - 26.62% )	/	( (1090.331	+	1657.895)	/ 2 )
=	367.3123956	/	1374.113
=	26.73 %

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	))
=	1763.496	-	624.705	-	( 48.46	-	max(0, 840.729	-	1465.299	+	48.46	))
=	1090.331

	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	))
=	2284.853	-	621.885	-	( 5.073	-	max(0, 1092.944	-	2013.743	+	5.073	))
=	1657.895

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

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

Garuda Construction and Engineering'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 )
=	496.624	/	( ( (190.73 + max(152.573, 0))	+	(187.85 + max(892.305, 0)) )	/	2 )
=	496.624	/	( ( 343.303	+	1080.155 )	/	2 )
=	496.624	/	711.729
=	69.78 %

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)
=	(769.771	+	66.046	+	157.095)	-	(624.705	+	0	+	215.634)
=	152.573

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1762.424	+	73.801	+	148.582)	-	(621.885	+	0	+	470.617)
=	892.305

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:

Garuda Construction and Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=		/	9912.293
	=	%

Garuda Construction and Engineering EBIT Related Terms

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

Garuda Construction and Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Garuda Construction and Engineering Ltd (BOM:544271) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

GARUDA:India

Address

C -3 Block, 201, A Wing, Fortune 2000, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400 051

Website

https://www.garudaconstructionengineering.com

Garuda Construction and Engineering Ltd is a civil construction company. It provides end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects and additional services for infrastructure and also hospitality projects, Wherein, civil construction includes the construction of residential, hospitality, industrial, infrastructural and commercial buildings, construction of concrete building structures and composite steel structures which are required for the civil construction. Its end-to-end civil construction starts with a detailed route survey, designing, detailed engineering, mobilization of resources, micro scheduling of construction activities, obtaining construction permissions and conducting soil/water testing.

Garuda Construction and Engineering Headlines

No Headlines