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Atmastco (NSE:ATMASTCO) EBIT : ₹316 Mil (TTM As of Mar. 2024)


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What is Atmastco EBIT?

Atmastco's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹316 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹316 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atmastco's annualized ROC % for the quarter that ended in Mar. 2024 was 12.85%. Atmastco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Atmastco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.61%.

Atmastco EBIT Historical Data

The historical data trend for Atmastco'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.

Atmastco EBIT Chart

Atmastco Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
76.21 124.69 246.00 315.98

Atmastco Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT 76.21 124.69 246.00 315.98

Competitive Comparison of Atmastco's EBIT

For the Metal Fabrication subindustry, Atmastco'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.

Atmastco's EV-to-EBIT Distribution in the Industrial Products Industry

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

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


Atmastco 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 ₹316 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.

Atmastco  (NSE:ATMASTCO) EBIT Explanation

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

Atmastco'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 )
=343.77 * ( 1 - 28.26% )/( (1598.179 + 2240.118)/ 2 )
=246.620598/1919.1485
=12.85 %

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))
=2362.073 - 600.294 - ( 163.6 - max(0, 1266.065 - 2037.736+163.6))
=1598.179

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))
=2908.706 - 473.248 - ( 195.34 - max(0, 1226.92 - 2609.052+195.34))
=2240.118

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

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

Atmastco'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 )
=315.98/( ( (293.972 + max(1012.346, 0)) + (264.902 + max(1528.934, 0)) )/ 2 )
=315.98/( ( 1306.318 + 1793.836 )/ 2 )
=315.98/1550.077
=20.38 %

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)
=(428.889 + 961.655 + 442.321) - (600.294 + 0 + 220.225)
=1012.346

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(842.345 + 911.877 + 539.021) - (473.248 + 0 + 291.061)
=1528.934

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=315.98/5636.244
=5.61 %

* 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.

Atmastco EBIT Related Terms

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Atmastco Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atmastco Ltd (NSE:ATMASTCO) » Definitions » EBIT
Comparable Companies
BOM:540652 BOM:541929 NSE:JAYBEE BOM:539046 NSE:TEMBO BOM:532932 BOM:513108 BOM:513532 BOM:543782 NSE:TIRUPATIFL CRS MLI ATI ESAB SZSE:000039 TPE:2474 SHSE:688122 SZSE:300748 XTER:NDA SHSE:601399
Traded in Other Exchanges
N/A
Address
Nandini Road, 157-158, Light Industrial Area, Opp. Karuna Hospital, Durg, Bhilai, CT, IND, 490026
Website
https://www.atmastco.com
Atmastco Ltd is engaged in the business of executing turnkey/engineering procurement and construction company (EPC) contracts in ferrous and non-ferrous sector and providing end-to-end solutions offering multi-disciplinary services and project management solutions. It is also into design, manufacturing and supply of precision equipment's and heavy fabrication structures for various industrial use and other incomes such as Ceiling Girder, Railway Girder, Columns & Bracings, Bolted Structures, Equipment's and Pressure ducts, Box Columns etc.

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