GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AXISCADES Technologies Ltd (NSE:AXISCADES) » Definitions » EBIT

AXISCADES Technologies (NSE:AXISCADES) EBIT : ₹1,094 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is AXISCADES Technologies EBIT?

AXISCADES Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹284 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,094 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AXISCADES Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was 6.35%. AXISCADES Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 25.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AXISCADES Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.26%.


AXISCADES Technologies EBIT Historical Data

The historical data trend for AXISCADES Technologies'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.

AXISCADES Technologies EBIT Chart

AXISCADES Technologies 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 576.00 50.48 525.18 569.24 1,093.89

AXISCADES Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 411.19 285.86 292.37 231.33 284.33

Competitive Comparison of AXISCADES Technologies's EBIT

For the Engineering & Construction subindustry, AXISCADES Technologies'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.


AXISCADES Technologies's EV-to-EBIT Distribution in the Construction Industry

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

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



AXISCADES Technologies 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 ₹1,094 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.


AXISCADES Technologies  (NSE:AXISCADES) EBIT Explanation

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

AXISCADES Technologies'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 )
=919.98 * ( 1 - 43.54% )/( (0 + 8184.111)/ 1 )
=519.420708/8184.111
=6.35 %

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))
=11391.084 - 725.172 - ( 2481.801 - max(0, 3446.615 - 6628.77+2481.801))
=8184.111

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

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

AXISCADES Technologies'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 )
=1137.324/( ( (0 + max(0, 0)) + (2210.198 + max(2187.706, 0)) )/ 1 )
=1137.324/( ( 0 + 4397.904 )/ 1 )
=1137.324/4397.904
=25.86 %

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)
=(2341.168 + 693.342 + 1112.459) - (725.172 + 0 + 1234.091)
=2187.706

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1093.89/20780.505
=5.26 %

* 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.


AXISCADES Technologies EBIT Related Terms

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


AXISCADES Technologies (NSE:AXISCADES) Business Description

Traded in Other Exchanges
Address
Kirloskar Business Park, Block C, Second Floor, Hebbal, Bengaluru, KA, IND, 560 024
AXISCADES Technologies Ltd is engaged in the business of Engineering Design Services. The company's operating segment includes Engineering Design Services and Strategic technology solutions. It generates maximum revenue from the Engineering Design Services segment. The Engineering Design Services segment is engaged in providing Product Design, Engineering, research, and development services. Geographically, it derives a majority of its revenue from Outside India. It serves aerospace; automotive; off-highway and industrial; defence; energy and medical devices industries.

AXISCADES Technologies (NSE:AXISCADES) Headlines

No Headlines