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HRH Next Services (NSE:HRHNEXT) EBIT : ₹27.1 Mil (TTM As of Sep. 2023)


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What is HRH Next Services EBIT?

HRH Next Services's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ₹27.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹27.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. HRH Next Services's annualized ROC % for the quarter that ended in Sep. 2023 was 14.85%. HRH Next Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 37.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. HRH Next Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.50%.

HRH Next Services EBIT Historical Data

The historical data trend for HRH Next Services'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.

HRH Next Services EBIT Chart

HRH Next Services Annual Data
Trend Mar21 Mar22 Mar23
EBIT
6.91 18.55 57.54

HRH Next Services Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
EBIT - - - 27.11

Competitive Comparison of HRH Next Services's EBIT

For the Information Technology Services subindustry, HRH Next Services'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.

HRH Next Services's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where HRH Next Services's EV-to-EBIT falls into.


HRH Next Services 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹27.1 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.

HRH Next Services  (NSE:HRHNEXT) EBIT Explanation

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

HRH Next Services's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=56.094 * ( 1 - 25.12% )/( (276.595 + 289.288)/ 2 )
=42.0031872/282.9415
=14.85 %

where

Invested Capital(Q: Mar. 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))
=288.229 - 27.788 - ( 1.253 - max(0, 161.097 - 144.943+1.253))
=276.595

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))
=311.386 - 20.778 - ( 1.32 - max(0, 158.033 - 184.944+1.32))
=289.288

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

HRH Next Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=54.216/( ( (50.009 + max(68.167, 0)) + (46.121 + max(123.161, 0)) )/ 2 )
=54.216/( ( 118.176 + 169.282 )/ 2 )
=54.216/143.729
=37.72 %

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)
=(121.524 + 0 + 22.166) - (27.788 + 0 + 47.735)
=68.167

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(163.136 + 0 + 20.488) - (20.778 + 0 + 39.685)
=123.161

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

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

HRH Next Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=27.108/417.280
=6.50 %

* 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.

HRH Next Services EBIT Related Terms

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HRH Next Services (NSE:HRHNEXT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » HRH Next Services Ltd (NSE:HRHNEXT) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
Abid Road, C/o G.J. House, 2nd Floor, 4-1-976, Hyderabad, TG, IND, 500001
Website
https://www.hrhnext.com
HRH Next Services Ltd is engaged in Business Process Outsourcing (BPO) offering a comprehensive suite of Call Centre Services, covering Inbound Services, Outbound Services, Backend Support, Chat Support, Email Support and provides efficient end-to-end solutions.

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