Ecos (India) Mobility & Hospitality (NSE:ECOSMOBLTY) EBIT : ₹838 Mil (TTM As of Sep. 2024)

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What is Ecos (India) Mobility & Hospitality EBIT?

Ecos (India) Mobility & Hospitality's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹408 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹838 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ecos (India) Mobility & Hospitality's annualized ROC % for the quarter that ended in Sep. 2024 was 42.88%. Ecos (India) Mobility & Hospitality's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 162.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ecos (India) Mobility & Hospitality's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.82%.

Ecos (India) Mobility & Hospitality EBIT Historical Data

The historical data trend for Ecos (India) Mobility & Hospitality'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.

Ecos (India) Mobility & Hospitality EBIT Chart

Ecos (India) Mobility & Hospitality Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

EBIT

69.33

142.55

605.27

850.47

Ecos (India) Mobility & Hospitality Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
EBIT	Get a 7-Day Free Trial			-	-	420.22	430.25	408.14

Competitive Comparison of Ecos (India) Mobility & Hospitality's EBIT

For the Rental & Leasing Services subindustry, Ecos (India) Mobility & Hospitality'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.

Ecos (India) Mobility & Hospitality's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ecos (India) Mobility & Hospitality's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ecos (India) Mobility & Hospitality's EV-to-EBIT falls into.

Ecos (India) Mobility & Hospitality 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 semi-annually data reported by the company within the most recent 12 months, which was ₹838 Mil.

Ecos (India) Mobility & Hospitality (NSE:ECOSMOBLTY) EBIT Explanation

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

Ecos (India) Mobility & Hospitality'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: Mar. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	707.48 * ( 1 - 26.48% )	/	( (1317.75	+	1108.14)	/ 2 )
=	520.139296	/	1212.945
=	42.88 %

where

	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	))
=	2966.59	-	710.78	-	( 938.06	-	max(0, 1027.84	-	2411.42	+	938.06	))
=	1317.75

	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	))
=	3315.22	-	727.67	-	( 1765.41	-	max(0, 1267.97	-	2747.38	+	1765.41	))
=	1108.14

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Ecos (India) Mobility & Hospitality'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: Mar. 2024		Q: Sep. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	816.28	/	( ( (457.3 + max(75.23, 0))	+	(474.58 + max(-167.97, 0)) )	/	2 )
=	816.28	/	( ( 532.53	+	474.58 )	/	2 )
=	816.28	/	503.555
=	162.10 %

where Working Capital is:

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(710.58	+	2.13	+	220.3)	-	(710.78	+	0	+	147)
=	75.23

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(724	+	2.51	+	253.49)	-	(727.67	+	0	+	420.3)
=	-167.97

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

Ecos (India) Mobility & Hospitality's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	838.39	/	17393.180
	=	4.82 %

Ecos (India) Mobility & Hospitality EBIT Related Terms

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Ecos (India) Mobility & Hospitality Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ecos (India) Mobility & Hospitality Ltd (NSE:ECOSMOBLTY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

544239:India

Address

45, First Floor, Corner Market, Malviya Nagar, New Delhi, IND, 110017

Website

https://www.ecosmobility.com

Ecos (India) Mobility & Hospitality Ltd is engaged in the business of providing chauffeured car rentals (CCR) and employee transportation services (ETS) and has been providing these services to corporate customers, including Fortune 500 companies in India. It also provides cars on a self-drive basis in the cities of Delhi, Gurugram, Mumbai and Bengaluru. It has also provided self-drive cars outside India through vendors. The company operates a fleet of more than 9,000 economies of luxury cars, minivans, and luxury coaches. It also provides specialty vehicles such as luggage vans, limousines, vintage cars and vehicles for accessible transportation for people with disabilities.

Ecos (India) Mobility & Hospitality Headlines

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