Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) EBIT : ₹41.1 Mil (TTM As of Mar. 2024)

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What is Jiwanram Sheoduttrai Industries EBIT?

Jiwanram Sheoduttrai Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹41.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹41.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jiwanram Sheoduttrai Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 2.30%. Jiwanram Sheoduttrai Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.28%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Jiwanram Sheoduttrai Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.20%.

Jiwanram Sheoduttrai Industries EBIT Historical Data

The historical data trend for Jiwanram Sheoduttrai Industries'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.

Jiwanram Sheoduttrai Industries EBIT Chart

Jiwanram Sheoduttrai Industries Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

EBIT

17.28

36.99

72.93

41.09

Jiwanram Sheoduttrai Industries Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
EBIT	17.28	36.99	72.93	41.09

Competitive Comparison of Jiwanram Sheoduttrai Industries's EBIT

For the Footwear & Accessories subindustry, Jiwanram Sheoduttrai Industries'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.

Jiwanram Sheoduttrai Industries's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiwanram Sheoduttrai Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jiwanram Sheoduttrai Industries's EV-to-EBIT falls into.

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Jiwanram Sheoduttrai Industries 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 ₹41.1 Mil.

Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) EBIT Explanation

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

Jiwanram Sheoduttrai Industries'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 )
=	33.934 * ( 1 - 22.1% )	/	( (1112.731	+	1183.235)	/ 2 )
=	26.434586	/	1147.983
=	2.30 %

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	))
=	1211.236	-	90.503	-	( 8.002	-	max(0, 322.38	-	900.8	+	8.002	))
=	1112.731

	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	))
=	1263.632	-	72.234	-	( 8.163	-	max(0, 270.254	-	963.835	+	8.163	))
=	1183.235

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

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

Jiwanram Sheoduttrai Industries'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 )
=	41.087	/	( ( (270.646 + max(648.358, 0))	+	(262.82 + max(738.547, 0)) )	/	2 )
=	41.087	/	( ( 919.004	+	1001.367 )	/	2 )
=	41.087	/	960.1855
=	4.28 %

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)
=	(433.775	+	295.004	+	68.044)	-	(90.503	+	0	+	57.962)
=	648.358

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(376.136	+	391.463	+	92.033)	-	(72.234	+	0	+	48.851)
=	738.547

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:

Jiwanram Sheoduttrai Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	41.087	/	663.228
	=	6.20 %

Jiwanram Sheoduttrai Industries EBIT Related Terms

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Jiwanram Sheoduttrai Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jiwanram Sheoduttrai Industries Ltd (NSE:JIWANRAM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilpangan, LB 1, Module 301 & 302, Phase -1, Sector III, Kolkata, WB, IND, 700098

Website

https://www.jiwanramgroup.com

Jiwanram Sheoduttrai Industries Ltd is engaged in the manufacturing and export of Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. Its Products are well-accepted for their quality which covers all its manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution baskets for Industrial Safety. It is majorly engaged in the business of manufacturing and exporting for various brands.

Jiwanram Sheoduttrai Industries Headlines

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