GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bedmutha Industries Ltd (NSE:BEDMUTHA) » Definitions » EBIT

Bedmutha Industries (NSE:BEDMUTHA) EBIT : ₹645 Mil (TTM As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Bedmutha Industries EBIT?

Bedmutha Industries's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹197 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹645 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bedmutha Industries's annualized ROC % for the quarter that ended in Sep. 2024 was 2.50%. Bedmutha Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 36.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bedmutha Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.69%.


Bedmutha Industries EBIT Historical Data

The historical data trend for Bedmutha 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.

Bedmutha Industries EBIT Chart

Bedmutha Industries 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 -93.74 2,566.90 393.78 433.20 520.63

Bedmutha Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 126.65 146.56 119.01 182.26 197.28

Competitive Comparison of Bedmutha Industries's EBIT

For the Steel subindustry, Bedmutha 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.


Bedmutha Industries's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bedmutha Industries's EV-to-EBIT distribution charts can be found below:

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



Bedmutha 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.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹645 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.


Bedmutha Industries  (NSE:BEDMUTHA) EBIT Explanation

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

Bedmutha Industries's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=77.544 * ( 1 - 0% )/( (0 + 3103.251)/ 1 )
=77.544/3103.251
=2.50 %

where

Invested Capital(Q: Sep. 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))
=5830.904 - 1492.857 - ( 1885.886 - max(0, 2516.129 - 3750.925+1885.886))
=3103.251

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

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

Bedmutha Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=789.12/( ( (0 + max(0, 0)) + (1909.678 + max(241.167, 0)) )/ 1 )
=789.12/( ( 0 + 2150.845 )/ 1 )
=789.12/2150.845
=36.69 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1076.233 + 664.27 + 119.552) - (1492.857 + 0 + 126.031)
=241.167

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=645.116/7423.134
=8.69 %

* 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.


Bedmutha Industries EBIT Related Terms

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


Bedmutha Industries Business Description

Traded in Other Exchanges
Address
Plot No. A - 70,71,72, Sinnar-Shirdi Road, Sinnar Taluka Industrial Co-operative Estate (STICE), Musalgaon MIDC, Sinnar, Nashik, MH, IND, 422103
Bedmutha Industries Ltd is a manufacturer and exporter of Wire Rope, Tyre Bead Wire, Galvanized Wires, Galvanized Patented Wire, Phosphate Patented Wire, HC Wire For Ropes, Spring Wire, ACSR Core Wire, Cable Armoring Wire, Earth Wire, Stay Wire, Barbed Wire, Copper Products and others. The company's segments are Steel; Copper; Consultancy; Windmill, and EPC Projects. Bedmutha generates majority of its revenue from the Steel segment.

Bedmutha Industries Headlines

No Headlines