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Fidel Softech (NSE:FIDEL) EBIT : ₹97.1 Mil (TTM As of Sep. 2024)


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What is Fidel Softech EBIT?

Fidel Softech's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹31.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹97.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fidel Softech's annualized ROC % for the quarter that ended in Sep. 2024 was 38.38%. Fidel Softech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 149.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fidel Softech's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.67%.


Fidel Softech EBIT Historical Data

The historical data trend for Fidel Softech'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.

Fidel Softech EBIT Chart

Fidel Softech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
44.29 46.44 64.34 71.78 80.21

Fidel Softech Quarterly Data
Mar20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only 21.73 17.91 19.29 28.04 31.90

Competitive Comparison of Fidel Softech's EBIT

For the Information Technology Services subindustry, Fidel Softech'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.


Fidel Softech's EV-to-EBIT Distribution in the Software Industry

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

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



Fidel Softech 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 ₹97.1 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.


Fidel Softech  (NSE:FIDEL) EBIT Explanation

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

Fidel Softech'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 )
=117.176 * ( 1 - 25.62% )/( (0 + 227.093)/ 1 )
=87.1555088/227.093
=38.38 %

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))
=486.382 - 19.282 - ( 240.007 - max(0, 61.472 - 425.435+240.007))
=227.093

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

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

Fidel Softech'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 )
=127.596/( ( (0 + max(0, 0)) + (2.156 + max(83.403, 0)) )/ 1 )
=127.596/( ( 0 + 85.559 )/ 1 )
=127.596/85.559
=149.13 %

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)
=(142.686 + 0 + 2.189) - (19.282 + 0 + 42.19)
=83.403

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:

Fidel Softech's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=97.138/2080.832
=4.67 %

* 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.


Fidel Softech EBIT Related Terms

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Fidel Softech Business Description

Traded in Other Exchanges
N/A
Address
Marigold Software IT Park, Unit No. 202, 2nd Floor, Marisoft 3, West Wing, Vadgaon Sheri, Pune, MH, IND, 411014
Fidel Softech Ltd predominantly works with clients across diverse domains in the areas of Technology Implementation, Localization Services & Consulting or Staffing services. The company is operating only in one segment, namely Language Technology Services and Consultancy Services. Its service offerings include Technology Implementation Services including Software development, Testing, Enterprise solution Implementation & Support (ServiceNow, AWS, Automation Anywhere), Localization services including translation, software localization, video subtitling, consulting and staffing services for developers, testers, automation engineers, and enterprise support engineers among others. Geographically, the company generates a majority of its revenue from its customers located outside India.

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