Durlax Top Surface (NSE:DURLAX) EBIT : ₹ Mil (TTM As of Mar. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Durlax Top Surface EBIT?

Durlax Top Surface's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹60.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Durlax Top Surface's annualized ROC % for the quarter that ended in Mar. 2023 was 10.80%. Durlax Top Surface's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 11.52%.

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

Durlax Top Surface EBIT Historical Data

The historical data trend for Durlax Top Surface'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.

Durlax Top Surface EBIT Chart

Durlax Top Surface Annual Data

Trend

Mar21

Mar22

Mar23

EBIT

24.60

41.21

59.98

Durlax Top Surface Semi-Annual Data
	Mar21	Mar22	Mar23
EBIT	24.60	41.21	59.98

Competitive Comparison of Durlax Top Surface's EBIT

For the Building Materials subindustry, Durlax Top Surface'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.

Durlax Top Surface's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Durlax Top Surface's EV-to-EBIT distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Durlax Top Surface 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. 2023 was ₹ Mil.

Durlax Top Surface (NSE:DURLAX) EBIT Explanation

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

Durlax Top Surface's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

	ROC % (Q: Mar. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Mar. 2023 ))	/ count )
=	64.292 * ( 1 - 8.65% )	/	( (530.443	+	557.154)	/ 2 )
=	58.730742	/	543.7985
=	10.80 %

where

	Invested Capital		(Q: Mar. 2022 )
=	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	))
=	720.529	-	179.787	-	( 10.299	-	max(0, 389.12	-	489.798	+	10.299	))
=	530.443

	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	))
=	778.204	-	211.24	-	( 9.81	-	max(0, 421.572	-	565.331	+	9.81	))
=	557.154

Note: The Operating Income data used here is one times the annual (Mar. 2023) data.

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

Durlax Top Surface's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Mar. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	59.981	/	( ( (220.017 + max(288.293, 0))	+	(204.329 + max(328.434, 0)) )	/	2 )
=	59.981	/	( ( 508.31	+	532.763 )	/	2 )
=	59.981	/	520.5365
=	11.52 %

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(161.625	+	301.654	+	14.914)	-	(179.787	+	0	+	10.113)
=	288.293

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(158.726	+	384.821	+	10.657)	-	(211.24	+	0	+	14.53)
=	328.434

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

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

Durlax Top Surface's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=		/	1157.413
	=	%

Durlax Top Surface EBIT Related Terms

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

Durlax Top Surface Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Durlax Top Surface Ltd (NSE:DURLAX) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Vishweshwar Nagar Road, Unit No. 1601, 16th Floor, Synergy Business Park, Premises Co-op Society Ltd, Behind Virwani Industrial Estate, Sahakarwadi, Goregaon (E), Mumbai, MH, IND, 400 063

Website

https://www.durlax.com

Durlax Top Surface Ltd is engaged in the business of manufacturing solid surface material in India. The company operates through two brands namely LUXOR and ASPIRON, that provide a wide range of solid surfaces. LUXOR brand offers Acrylic UV Solid Surfaces, while ASPIRON offers Modified Solid Surfaces.

Durlax Top Surface Headlines

No Headlines