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DRC Systems India (NSE:DRCSYSTEMS) EBIT : ₹109.9 Mil (TTM As of Mar. 2024)


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What is DRC Systems India EBIT?

DRC Systems India's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹40.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹109.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. DRC Systems India's annualized ROC % for the quarter that ended in Mar. 2024 was 20.17%. DRC Systems India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,549.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. DRC Systems India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.81%.


DRC Systems India EBIT Historical Data

The historical data trend for DRC Systems India'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.

DRC Systems India EBIT Chart

DRC Systems India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 1.69 -5.60 12.81 87.76 124.25

DRC Systems India Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 45.89 14.24 18.64 50.49 40.80

Competitive Comparison of DRC Systems India's EBIT

For the Information Technology Services subindustry, DRC Systems India'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.


DRC Systems India's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, DRC Systems India's EV-to-EBIT distribution charts can be found below:

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



DRC Systems India 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 ₹109.9 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.


DRC Systems India  (NSE:DRCSYSTEMS) EBIT Explanation

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

DRC Systems India'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 )
=160.8 * ( 1 - 2.68% )/( (0 + 775.92)/ 1 )
=156.49056/775.92
=20.17 %

where

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

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

DRC Systems India'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 )
=163.2/( ( (0 + max(0, 0)) + (10.53 + max(-70.72, 0)) )/ 1 )
=163.2/( ( 0 + 10.53 )/ 1 )
=163.2/10.53
=1,549.86 %

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)
=(196.91 + 0 + 19.52) - (1.33 + 0 + 285.82)
=-70.72

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:

DRC Systems India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=109.93/2883.186
=3.81 %

* 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.


DRC Systems India EBIT Related Terms

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DRC Systems India (NSE:DRCSYSTEMS) Business Description

Traded in Other Exchanges
Address
Block No. 56, Road - 5C, Zone - 5, 24th Floor, GIFT Two Building, Gift CIty, Taluka & District - Gandhinagar, Gandhinagar, GJ, IND, 382 355
DRC Systems India Ltd is a software development outsourcing company in India providing information technology services to customers in India and other countries. Geographically maximum revenue is generated from international markets.

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