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Gajanand International (NSE:GAJANAND) EBIT : ₹ Mil (TTM As of Mar. 2024)


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What is Gajanand International EBIT?

Gajanand International's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gajanand International's annualized ROC % for the quarter that ended in Mar. 2024 was 24.72%. Gajanand International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 34.58%.

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


Gajanand International EBIT Historical Data

The historical data trend for Gajanand International'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.

Gajanand International EBIT Chart

Gajanand International Annual Data
Trend Mar22 Mar23 Mar24
EBIT
11.58 26.79 39.97

Gajanand International Semi-Annual Data
Mar22 Mar23 Mar24
EBIT 11.58 26.79 39.97

Competitive Comparison of Gajanand International's EBIT

For the Farm Products subindustry, Gajanand International'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.


Gajanand International's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gajanand International's EV-to-EBIT distribution charts can be found below:

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



Gajanand International 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 ₹ 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.


Gajanand International  (NSE:GAJANAND) EBIT Explanation

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

Gajanand International'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: Mar. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=78.862 * ( 1 - 25.6% )/( (174.12 + 300.659)/ 2 )
=58.673328/237.3895
=24.72 %

where

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:

Gajanand International'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: Mar. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=79.932/( ( (9.844 + max(158.769, 0)) + (9.474 + max(284.209, 0)) )/ 2 )
=79.932/( ( 168.613 + 293.683 )/ 2 )
=79.932/231.148
=34.58 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.155 + 133.032 + 2.609) - (10.643 + 0 + 5.384)
=158.769

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(99.299 + 269.216 + 9.7929999999999) - (88.002 + 0 + 6.097)
=284.209

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:

Gajanand International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=/263.772
= %

* 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.


Gajanand International EBIT Related Terms

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Gajanand International Business Description

Traded in Other Exchanges
N/A
Address
Jasdan-Atkot Road, Near Bypass Circle, Survey No. 1257/1266, Jasdan, Rajkot, GJ, IND, 360050
Gajanand International Ltd is engaged in producing contamination-free and sustainable cotton. It offers high-quality service to its consumers. Its products include MECH1 Cotton, SHANKAR6 Cotton, DCH 32, and Khol.

Gajanand International Headlines

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