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Dhariwalcorp (NSE:DHARIWAL) EBIT : ₹ Mil (TTM As of Mar. 2024)


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What is Dhariwalcorp EBIT?

Dhariwalcorp's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dhariwalcorp's annualized ROC % for the quarter that ended in Mar. 2024 was 23.20%. Dhariwalcorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 50.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Dhariwalcorp EBIT Historical Data

The historical data trend for Dhariwalcorp'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.

Dhariwalcorp EBIT Chart

Dhariwalcorp Annual Data
Trend Mar22 Mar23 Mar24
EBIT
22.79 14.56 65.61

Dhariwalcorp Semi-Annual Data
Mar22 Mar23 Mar24
EBIT 22.79 14.56 65.61

Competitive Comparison of Dhariwalcorp's EBIT

For the Specialty Chemicals subindustry, Dhariwalcorp'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.

Dhariwalcorp's EV-to-EBIT Distribution in the Chemicals Industry

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

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


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Dhariwalcorp 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 ₹ 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.

Dhariwalcorp  (NSE:DHARIWAL) EBIT Explanation

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

Dhariwalcorp'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 )
=42.872 * ( 1 - 25.19% )/( (97.786 + 178.661)/ 2 )
=32.0725432/138.2235
=23.20 %

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))
=196.106 - 97.426 - ( 0.894 - max(0, 165.918 - 180.771+0.894))
=97.786

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))
=213.13 - 33.29 - ( 1.179 - max(0, 102.066 - 165.198+1.179))
=178.661

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

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

Dhariwalcorp'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 )
=65.61/( ( (15.317 + max(71.282, 0)) + (47.751 + max(127.006, 0)) )/ 2 )
=65.61/( ( 86.599 + 174.757 )/ 2 )
=65.61/130.678
=50.21 %

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)
=(110.808 + 47.223 + 21.846) - (97.426 + 0 + 11.169)
=71.282

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(77.256 + 51.235 + 35.528) - (33.29 + 0 + 3.723)
=127.006

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=/928.129
= %

* 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.

Dhariwalcorp EBIT Related Terms

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Dhariwalcorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dhariwalcorp Ltd (NSE:DHARIWAL) » Definitions » EBIT
Comparable Companies
NSE:AMBANIORGO BOM:533029 NSE:MCON BOM:524336 NSE:SRIVASAVI BOM:506605 NSE:SILKFLEX BOM:541778 BOM:540204 BOM:531163 LIN XPAR:AI SHW ECL APD XSWX:GIVN XSWX:SIKA ISX:TPIA DD SHSE:600309
Traded in Other Exchanges
N/A
Address
Pal Link Road, 36, Narayan Nagar, Shobhawaton ki dhani, Jodhpur, RJ, IND, 342001
Website
https://www.dhariwalcorporation.com
Dhariwalcorp Ltd is engaged in the business of trading of a comprehensive range of waxes, industrial chemicals, and petroleum jelly. The company is involved in processing, purchasing, selling, importing, and trading various types of wax, including Paraffin Wax, Micro Wax, Slack Wax, Carnauba Wax, Microcrystalline Waxes, Semi Refined Paraffin Wax, Yellow Beeswax, Hydrocarbon Wax, Montan Wax, Polyethylene Wax, Vegetable Wax, Residue Wax, Palm Wax, BN Micro Wax, Hydrogenated Palm Wax, Micro Slack Wax, PE Wax, Soya Wax, etc. Additionally, the Company trades in industrial chemicals such as Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and Petroleum Jelly, including Paraffin Petroleum Jelly and White Petroleum Jelly.

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