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Akanksha Power and Infrastructure (NSE:AKANKSHA) EBIT : ₹58.4 Mil (TTM As of Mar. 2024)


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What is Akanksha Power and Infrastructure EBIT?

Akanksha Power and Infrastructure's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹58.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹58.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Akanksha Power and Infrastructure's annualized ROC % for the quarter that ended in Mar. 2024 was 7.34%. Akanksha Power and Infrastructure's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Akanksha Power and Infrastructure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.16%.


Akanksha Power and Infrastructure EBIT Historical Data

The historical data trend for Akanksha Power and Infrastructure'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.

Akanksha Power and Infrastructure EBIT Chart

Akanksha Power and Infrastructure Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
- 65.97 45.03 51.60 58.40

Akanksha Power and Infrastructure Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
EBIT - 65.97 45.03 51.60 58.40

Competitive Comparison of Akanksha Power and Infrastructure's EBIT

For the Electrical Equipment & Parts subindustry, Akanksha Power and Infrastructure'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.


Akanksha Power and Infrastructure's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Akanksha Power and Infrastructure's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Akanksha Power and Infrastructure's EV-to-EBIT falls into.



Akanksha Power and Infrastructure 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 ₹58.4 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.


Akanksha Power and Infrastructure  (NSE:AKANKSHA) EBIT Explanation

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

Akanksha Power and Infrastructure'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 )
=50.537 * ( 1 - 29.29% )/( (373.344 + 599.912)/ 2 )
=35.7347127/486.628
=7.34 %

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))
=476.264 - 61.215 - ( 41.705 - max(0, 240.261 - 330.371+41.705))
=373.344

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))
=776.209 - 67.37 - ( 108.927 - max(0, 247.927 - 566.693+108.927))
=599.912

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

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

Akanksha Power and Infrastructure'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 )
=58.395/( ( (109.888 + max(163.849, 0)) + (140.589 + max(310.458, 0)) )/ 2 )
=58.395/( ( 273.737 + 451.047 )/ 2 )
=58.395/362.392
=16.11 %

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)
=(164.05 + 87.299 + 10.526) - (61.215 + 0 + 36.811)
=163.849

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(304.936 + 97.442 + 18.654) - (67.37 + 0 + 43.204)
=310.458

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:

Akanksha Power and Infrastructure's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=58.395/2702.497
=2.16 %

* 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.


Akanksha Power and Infrastructure EBIT Related Terms

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Akanksha Power and Infrastructure Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot No. 87/4, MIDC, Satpur, Nashik, MH, IND, 422007
Akanksha Power and Infrastructure Ltd is engaged in the business of manufacturing of electric equipments, including electrical panels, instrument transformers, and vacuum contactors, catering to consumers from institutions, industries and electricity transmission and distribution utilities. Products of the company include APFC Panel & Key Components, Instrument Transformer, MCC, PCC, VFD Panels, Universal Measuring Instruments, DC UPS And Power Supply. Its services involve execution of electrical turnkey projects.

Akanksha Power and Infrastructure Headlines

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