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Esprit Stones (NSE:ESPRIT) EBIT : ₹228 Mil (TTM As of Mar. 2024)


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What is Esprit Stones EBIT?

Esprit Stones's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹96 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹228 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Esprit Stones's annualized ROC % for the quarter that ended in Mar. 2024 was 6.52%. Esprit Stones's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Esprit Stones's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.28%.

Esprit Stones EBIT Historical Data

The historical data trend for Esprit Stones'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.

Esprit Stones EBIT Chart

Esprit Stones Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
245.62 263.26 112.46 228.30

Esprit Stones Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
EBIT - - - 132.13 96.17

Competitive Comparison of Esprit Stones's EBIT

For the Building Materials subindustry, Esprit Stones'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.

Esprit Stones's EV-to-EBIT Distribution in the Building Materials Industry

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

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


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Esprit Stones 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 semi-annually data reported by the company within the most recent 12 months, which was ₹228 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.

Esprit Stones  (NSE:ESPRIT) EBIT Explanation

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

Esprit Stones'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=180.116 * ( 1 - 22.89% )/( (2060.751 + 2196.511)/ 2 )
=138.8874476/2128.631
=6.52 %

where

Invested Capital(Q: Sep. 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))
=2753.957 - 658.267 - ( 34.939 - max(0, 1478.972 - 1529.54+34.939))
=2060.751

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))
=2745.935 - 546.623 - ( 2.801 - max(0, 1456.461 - 1525.852+2.801))
=2196.511

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

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

Esprit Stones'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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=192.346/( ( (1212.23 + max(683.619, 0)) + (1202.806 + max(774.801, 0)) )/ 2 )
=192.346/( ( 1895.849 + 1977.607 )/ 2 )
=192.346/1936.728
=9.93 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(665.515 + 606.502 + 193.179) - (658.267 + 0 + 123.31)
=683.619

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(724.762 + 613.532 + 149.948) - (546.623 + 0 + 166.818)
=774.801

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=228.3/3637.104
=6.28 %

* 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.

Esprit Stones EBIT Related Terms

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Esprit Stones Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Esprit Stones Ltd (NSE:ESPRIT) » Definitions » EBIT
Comparable Companies
BOM:526570 BOM:530977 BOM:544073 NSE:REFRACTORY NSE:AGARWALTUF BOM:523483 BOM:518091 BOM:500234 BOM:523844 BOM:531494 CRH XSWX:HOLN BOM:532538 VMC MLM XTER:HEI NSE:GRASIM SHSE:600585 ASX:JHX BOM:500425
Traded in Other Exchanges
N/A
Address
Lakhawali, Khasra No. 1106 - 1109, Revenue Village Bhilwada, Udaipur, RJ, IND, 313001
Website
https://www.espritstones.com
Esprit Stones Ltd is engaged in the manufacturing of engineered stones such as engineered quartz and marble. The products of the company are used for vanities & bathroom surfaces, kitchen countertops, floors and wall cladding furniture, and other interior surfaces used in various residential and non-residential applications. The company has two segments: Engineered Stones and Unsaturated Polyester Resin. The key revenue of the company is generated from Engineered Stones.

Esprit Stones Headlines

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