GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baheti Recycling Industries Ltd (NSE:BAHETI) » Definitions » EBIT

Baheti Recycling Industries (NSE:BAHETI) EBIT : ₹190 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Baheti Recycling Industries EBIT?

Baheti Recycling Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹190 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹190 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Baheti Recycling Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 4.17%. Baheti Recycling Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Baheti Recycling Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.56%.

Baheti Recycling Industries EBIT Historical Data

The historical data trend for Baheti Recycling Industries'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.

Baheti Recycling Industries EBIT Chart

Baheti Recycling Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
30.15 37.29 74.31 123.84 190.43

Baheti Recycling Industries Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
EBIT 30.15 37.29 74.31 123.84 190.43

Competitive Comparison of Baheti Recycling Industries's EBIT

For the Aluminum subindustry, Baheti Recycling Industries'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.

Baheti Recycling Industries's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baheti Recycling Industries's EV-to-EBIT distribution charts can be found below:

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


';

Baheti Recycling Industries 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 ₹190 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.

Baheti Recycling Industries  (NSE:BAHETI) EBIT Explanation

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

Baheti Recycling Industries'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 )
=195.611 * ( 1 - 22.45% )/( (3079.497 + 4203.597)/ 2 )
=151.6963305/3641.547
=4.17 %

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))
=3273.743 - 177.143 - ( 17.103 - max(0, 1435.076 - 1727.329+17.103))
=3079.497

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))
=4389.492 - 181.252 - ( 4.643 - max(0, 2006.35 - 2352.411+4.643))
=4203.597

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

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

Baheti Recycling Industries'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 )
=190.429/( ( (275.734 + max(1495.116, 0)) + (383.923 + max(2137.901, 0)) )/ 2 )
=190.429/( ( 1770.85 + 2521.824 )/ 2 )
=190.429/2146.337
=8.87 %

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)
=(541.586 + 1082.062 + 80.621) - (177.143 + 0 + 32.01)
=1495.116

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(483.864 + 1773.477 + 90.427) - (181.252 + 0 + 28.615)
=2137.901

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:

Baheti Recycling Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=190.429/7449.380
=2.56 %

* 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.

Baheti Recycling Industries EBIT Related Terms

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

Baheti Recycling Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baheti Recycling Industries Ltd (NSE:BAHETI) » Definitions » EBIT
Comparable Companies
BOM:539151 BOM:532906 NSE:MMP BOM:500083 BOM:539045 BOM:541152 BOM:539121 BOM:531979 BOM:506003 BOM:513307 NSE:HINDALCO SHSE:601600 HKSE:01378 OSL:NHY XKLS:8869 AA SZSE:000807 MIC:RUAL SHSE:600219 SZSE:002532
Traded in Other Exchanges
N/A
Address
A-2/3, L.R. Apartments, Opposite Police Commissioner Office, Shahibaug, Ahmedabad, GJ, IND, 380 004
Website
https://www.bahetiindustries.com
Baheti Recycling Industries Ltd is an aluminium recycling company, mainly engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. Its products are being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc.

Baheti Recycling Industries Headlines

No Headlines