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Garware Hi-Tech Films (NSE:GRWRHITECH) EBIT : ₹4,195 Mil (TTM As of Dec. 2024)


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What is Garware Hi-Tech Films EBIT?

Garware Hi-Tech Films's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹834 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹4,195 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Garware Hi-Tech Films's annualized ROC % for the quarter that ended in Dec. 2024 was 11.80%. Garware Hi-Tech Films's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 20.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Garware Hi-Tech Films's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.88%.


Garware Hi-Tech Films EBIT Historical Data

The historical data trend for Garware Hi-Tech Films'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.

Garware Hi-Tech Films EBIT Chart

Garware Hi-Tech Films Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,498.94 2,051.54 2,444.42 2,324.86 2,783.27

Garware Hi-Tech Films Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 748.40 762.87 1,195.50 1,402.80 834.20

Competitive Comparison of Garware Hi-Tech Films's EBIT

For the Specialty Chemicals subindustry, Garware Hi-Tech Films'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.


Garware Hi-Tech Films's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Garware Hi-Tech Films's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Garware Hi-Tech Films's EV-to-EBIT falls into.


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Garware Hi-Tech Films 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹4,195 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.


Garware Hi-Tech Films  (NSE:GRWRHITECH) EBIT Explanation

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

Garware Hi-Tech Films's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=2836.8 * ( 1 - 24.94% )/( (18049.7 + 0)/ 1 )
=2129.30208/18049.7
=11.80 %

where

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

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

Garware Hi-Tech Films's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3336.8/( ( (14551.6 + max(1559.3, 0)) + (0 + max(0, 0)) )/ 1 )
=3336.8/( ( 16110.9 + 0 )/ 1 )
=3336.8/16110.9
=20.71 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(334.4 + 3037.6 + 424.4) - (1550 + 0 + 687.1)
=1559.3

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Garware Hi-Tech Films's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=4195.367/86039.819
=4.88 %

* 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.


Garware Hi-Tech Films EBIT Related Terms

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Garware Hi-Tech Films Business Description

Traded in Other Exchanges
Address
50 - A, Swami Nityanand Marg, Garware House, Vile Parle (East), Mumbai, MH, IND, 400057
Garware Hi-Tech Films Ltd is a manufacturer of polyester films and value accretive high-margin specialty films in India. The products offered by the company include various types of paint protection films, decorative films, privacy films, packaging films, graphic films, and others. Geographically, the company derives maximum revenue from its customers located in the United States of America and the rest from India, and the rest of the world.

Garware Hi-Tech Films Headlines

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