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Elin Electronics (NSE:ELIN) EBIT : ₹309 Mil (TTM As of Sep. 2024)


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What is Elin Electronics EBIT?

Elin Electronics's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹309 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elin Electronics's annualized ROC % for the quarter that ended in Sep. 2024 was 3.79%. Elin Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Elin Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.13%.


Elin Electronics EBIT Historical Data

The historical data trend for Elin Electronics'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.

Elin Electronics EBIT Chart

Elin Electronics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
464.97 568.25 650.76 483.96 274.27

Elin Electronics Quarterly Data
Mar20 Mar21 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 72.01 56.66 68.83 99.02 84.41

Competitive Comparison of Elin Electronics's EBIT

For the Electrical Equipment & Parts subindustry, Elin Electronics'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.


Elin Electronics's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elin Electronics's EV-to-EBIT distribution charts can be found below:

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



Elin Electronics 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 ₹309 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.


Elin Electronics  (NSE:ELIN) EBIT Explanation

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

Elin Electronics'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 )
=233.16 * ( 1 - 25.73% )/( (0 + 4567.09)/ 1 )
=173.167932/4567.09
=3.79 %

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))
=7015.75 - 1368.79 - ( 1079.87 - max(0, 1752.11 - 4503.52+1079.87))
=4567.09

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

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

Elin Electronics'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 )
=337.64/( ( (0 + max(0, 0)) + (2378.88 + max(1738.79, 0)) )/ 1 )
=337.64/( ( 0 + 4117.67 )/ 1 )
=337.64/4117.67
=8.20 %

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)
=(2091.88 + 1202.5 + 129.27) - (1368.79 + 0 + 316.07)
=1738.79

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=308.92/9857.857
=3.13 %

* 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.


Elin Electronics EBIT Related Terms

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Elin Electronics Business Description

Traded in Other Exchanges
Address
4771, Bharat Ram Road, 23, Daryaganj, New Delhi, IND, 110002
Elin Electronics Ltd is an electronics manufacturing services provider. It is a manufacturer of end-to-end product solutions for brands of lighting, fans, and small/ kitchen appliances in India. The company's diversified product portfolio includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets; small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener; fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and other miscellaneous products.

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