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Italian Edibles (NSE:ITALIANE) EBIT : ₹65.1 Mil (TTM As of Sep. 2024)


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What is Italian Edibles EBIT?

Italian Edibles's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹36.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹65.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Italian Edibles's annualized ROC % for the quarter that ended in Sep. 2024 was 8.81%. Italian Edibles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Italian Edibles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.29%.


Italian Edibles EBIT Historical Data

The historical data trend for Italian Edibles'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.

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Italian Edibles EBIT Chart

Italian Edibles Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
27.43 30.78 52.94 63.13

Italian Edibles Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 34.41 28.72 36.42

Competitive Comparison of Italian Edibles's EBIT

For the Confectioners subindustry, Italian Edibles'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.


Italian Edibles's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Italian Edibles's EV-to-EBIT distribution charts can be found below:

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


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Italian Edibles 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹65.1 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.


Italian Edibles  (NSE:ITALIANE) EBIT Explanation

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

Italian Edibles's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=72.502 * ( 1 - 25.46% )/( (594.639 + 632.48)/ 2 )
=54.0429908/613.5595
=8.81 %

where

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

Italian Edibles's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=72.842/( ( (102.655 + max(404.585, 0)) + (98.436 + max(472.467, 0)) )/ 2 )
=72.842/( ( 507.24 + 570.903 )/ 2 )
=72.842/539.0715
=13.51 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(106.957 + 411.195 + 1.875) - (102.653 + 0 + 12.789)
=404.585

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(179.997 + 462.566 + 0.38900000000001) - (151.565 + 0 + 18.92)
=472.467

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

Italian Edibles's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=65.141/701.291
=9.29 %

* 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.


Italian Edibles EBIT Related Terms

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Italian Edibles Business Description

Traded in Other Exchanges
N/A
Address
309/1/1/8 Block No.03, Mangal Udhyog Nagar, Gram Palda, Indore, MP, IND, 452020
Italian Edibles Ltd is a confectionery company. It produces a wide range of confectioneries such as Rabdi [Meethai Sweet], Milk Paste, Chocolate Paste, Lollipops, Candies, Jelly Candies, Multi-Grain Puff Rolls, and Fruit Based products. It also supplies Biscuits (wafers), dairy, ice cream, and confectionery products to many business houses in India.

Italian Edibles Headlines

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