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Indian Hotels Co (Indian Hotels Co) EBIT : $184.69 Mil (TTM As of Mar. 2024)


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What is Indian Hotels Co EBIT?

Indian Hotels Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $70.61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $184.69 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indian Hotels Co's annualized ROC % for the quarter that ended in Mar. 2024 was 12.00%. Indian Hotels Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 28.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indian Hotels Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.22%.


Indian Hotels Co EBIT Historical Data

The historical data trend for Indian Hotels Co'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.

Indian Hotels Co EBIT Chart

Indian Hotels Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.82 -61.35 22.25 186.07 227.14

Indian Hotels Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.90 55.55 35.06 79.02 70.61

Competitive Comparison of Indian Hotels Co's EBIT

For the Lodging subindustry, Indian Hotels Co'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.


Indian Hotels Co's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Indian Hotels Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indian Hotels Co's EV-to-EBIT falls into.



Indian Hotels Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $184.69 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.


Indian Hotels Co  (GREY:IDHUY) EBIT Explanation

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

Indian Hotels Co'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=260.208 * ( 1 - 26.48% )/( (0 + 1594.005)/ 1 )
=191.3049216/1594.005
=12.00 %

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))
=1789.398 - 66.495 - ( 277.731 - max(0, 240.692 - 369.59+277.731))
=1594.005

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

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

Indian Hotels Co'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=282.428/( ( (0 + max(0, 0)) + (1004.684 + max(-116.934, 0)) )/ 1 )
=282.428/( ( 0 + 1004.684 )/ 1 )
=282.428/1004.684
=28.11 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.39 + 14.025 + 20.444) - (66.495 + 0 + 142.298)
=-116.934

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Indian Hotels Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=184.687/2558.745
=7.22 %

* 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.


Indian Hotels Co EBIT Related Terms

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Indian Hotels Co (Indian Hotels Co) Business Description

Traded in Other Exchanges
Address
Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021
Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

Indian Hotels Co (Indian Hotels Co) Headlines

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