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IBL Finance (NSE:IBLFL) EBIT : ₹30.6 Mil (TTM As of Mar. 2024)


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What is IBL Finance EBIT?

IBL Finance's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹30.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹30.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IBL Finance's annualized ROC % for the quarter that ended in Mar. 2024 was 12.61%. IBL Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 176.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IBL Finance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.26%.

IBL Finance EBIT Historical Data

The historical data trend for IBL Finance'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.

IBL Finance EBIT Chart

IBL Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
-0.91 5.70 28.68 30.63

IBL Finance Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT -0.91 5.70 28.68 30.63

Competitive Comparison of IBL Finance's EBIT

For the Credit Services subindustry, IBL Finance'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.

IBL Finance's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, IBL Finance's EV-to-EBIT distribution charts can be found below:

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


IBL Finance 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹30.6 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.

IBL Finance  (NSE:IBLFL) EBIT Explanation

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

IBL Finance'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 )
=68.62 * ( 1 - 24.77% )/( (209.617 + 609.051)/ 2 )
=51.622826/409.334
=12.61 %

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))
=222.711 - 2.649 - ( 10.445 - max(0, 15.123 - 220.064+10.445))
=209.617

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))
=663.55 - 2.523 - ( 51.976 - max(0, 66.914 - 474.983+51.976))
=609.051

Note: The Operating Income data used here is one times the annual (Mar. 2024) data.

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

IBL Finance'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 )
=30.63/( ( (1.587 + max(16.034, 0)) + (8.516 + max(8.494, 0)) )/ 2 )
=30.63/( ( 17.621 + 17.01 )/ 2 )
=30.63/17.3155
=176.89 %

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)
=(0 + 0 + 31.157) - (2.649 + 0 + 12.474)
=16.034

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 26.26) - (2.523 + 0 + 15.243)
=8.494

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

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

IBL Finance's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=30.63/1354.885
=2.26 %

* 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.

IBL Finance EBIT Related Terms

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IBL Finance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IBL Finance Ltd (NSE:IBLFL) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Ring Road, 1001, World Trade Center, Nr. Udhna Darwaja, Surat, GJ, IND, 395002
Website
https://www.iblfinance.in
IBL Finance Ltd is a fintech-based financial services platform that leverages technology and data science to make lending quick and easy. It has a mobile application that provides instant personal loans which loan up to Rupees 50,000 with tenors of up to 12 months through an entirely digital mobile App-only process. The Company is engaged in one segment only i.e. Loan Segment. The company generates revenue from Interest Income on Loan Portfolio and Loan Processing Fees & Charges.

IBL Finance Headlines

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