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Indbank Merchant Banking Services (NSE:INDBANK) EBIT : ₹132.9 Mil (TTM As of Dec. 2024)


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What is Indbank Merchant Banking Services EBIT?

Indbank Merchant Banking Services's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹19.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹132.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indbank Merchant Banking Services's annualized ROC % for the quarter that ended in Dec. 2024 was 12.16%. Indbank Merchant Banking Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 54.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indbank Merchant Banking Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 28.14%.


Indbank Merchant Banking Services EBIT Historical Data

The historical data trend for Indbank Merchant Banking 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.

Indbank Merchant Banking Services EBIT Chart

Indbank Merchant Banking Services 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 44.40 63.84 100.85 59.74 117.24

Indbank Merchant Banking Services 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 32.75 32.27 37.25 43.96 19.44

Competitive Comparison of Indbank Merchant Banking Services's EBIT

For the Capital Markets subindustry, Indbank Merchant Banking 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.


Indbank Merchant Banking Services's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Indbank Merchant Banking Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indbank Merchant Banking Services's EV-to-EBIT falls into.



Indbank Merchant Banking 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹132.9 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.


Indbank Merchant Banking Services  (NSE:INDBANK) EBIT Explanation

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

Indbank Merchant Banking Services'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 )
=89.16 * ( 1 - 38.01% )/( (454.695 + 0)/ 1 )
=55.270284/454.695
=12.16 %

where

Invested Capital(Q: Sep. 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))
=1309.046 - 5.056 - ( 849.295 - max(0, 5.056 - 995.809+849.295))
=454.695

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

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

Indbank Merchant Banking Services'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 )
=77.752/( ( (6.129 + max(137.629, 0)) + (0 + max(0, 0)) )/ 1 )
=77.752/( ( 143.758 + 0 )/ 1 )
=77.752/143.758
=54.09 %

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)
=(53.258 + 0 + 89.427) - (5.056 + 0 + 0)
=137.629

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:

Indbank Merchant Banking Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=132.919/472.288
=28.14 %

* 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.


Indbank Merchant Banking Services EBIT Related Terms

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Indbank Merchant Banking Services Business Description

Traded in Other Exchanges
Address
Number 480, Anna Salai, First Floor, Khivraj Complex 1, Nandanam, Chennai, TN, IND, 600 035
Indbank Merchant Banking Services Ltd is an India based company engaged in merchant banking activities. It is involved in providing fee-based services which include operations like merchant banking, stock broking, depository participant services, distribution of financial products and allied activities. The company carries its operations in India and generates the majority of the revenue from the stock broking membership operations.

Indbank Merchant Banking Services Headlines

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