Hindprakash Industries�Ltd (NSE:HPIL) EBIT : ₹47.5 Mil (TTM As of Mar. 2024)

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What is Hindprakash Industries�Ltd EBIT?

Hindprakash Industries�Ltd's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹26.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹47.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hindprakash Industries�Ltd's annualized ROC % for the quarter that ended in Mar. 2024 was 3.95%. Hindprakash Industries�Ltd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.25%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hindprakash Industries�Ltd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.54%.

Hindprakash Industries�Ltd EBIT Historical Data

The historical data trend for Hindprakash Industries�Ltd'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.

Hindprakash Industries�Ltd EBIT Chart

Hindprakash Industries�Ltd Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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59.46

42.25

45.75

51.10

47.48

Hindprakash Industries�Ltd Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
EBIT	Get a 7-Day Free Trial								26.70	12.71	38.39	21.29	26.19

Competitive Comparison of Hindprakash Industries�Ltd's EBIT

For the Specialty Chemicals subindustry, Hindprakash Industries�Ltd'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.

Hindprakash Industries�Ltd's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hindprakash Industries�Ltd's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hindprakash Industries�Ltd's EV-to-EBIT falls into.

Hindprakash Industries�Ltd 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 ₹47.5 Mil.

Hindprakash Industries�Ltd (NSE:HPIL) EBIT Explanation

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

Hindprakash Industries�Ltd'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 )
=	38.602 * ( 1 - 28.37% )	/	( (683.889	+	715.222)	/ 2 )
=	27.6506126	/	699.5555
=	3.95 %

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	))
=	796.726	-	85.746	-	( 27.091	-	max(0, 342.575	-	527.551	+	27.091	))
=	683.889

	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	))
=	846.952	-	113.548	-	( 18.182	-	max(0, 325.836	-	499.868	+	18.182	))
=	715.222

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:

Hindprakash Industries�Ltd'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 )
=	52.382	/	( ( (154.088 + max(279.356, 0))	+	(154.234 + max(343.203, 0)) )	/	2 )
=	52.382	/	( ( 433.444	+	497.437 )	/	2 )
=	52.382	/	465.4405
=	11.25 %

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)
=	(231.792	+	155.351	+	5.8050000000001)	-	(85.746	+	0	+	27.846)
=	279.356

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(259.736	+	199.64	+	2.31)	-	(113.548	+	0	+	4.935)
=	343.203

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:

Hindprakash Industries�Ltd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	47.478	/	1871.460
	=	2.54 %

Hindprakash Industries�Ltd EBIT Related Terms

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Hindprakash Industries�Ltd (NSE:HPIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hindprakash Industries�Ltd (NSE:HPIL) » Definitions » EBIT

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Traded in Other Exchanges

543645:India

Address

301 Hindprakash House Plot No. 10/6, Phase-I, GIDC, Vatva, Ahmedabad, GJ, IND, 382 445

Website

https://www.hindprakash.in

Hindprakash Industries Ltd is an Indian company engaged in manufacturing, dealing, and trading of dyes, intermediates, auxiliary, chemicals, and other merchandise. The company's products include Dyestuff, Dyes intermediates, Textile chemicals and aux, and Water treatments. It earns revenues from the manufacturing of dyes.