JTL Industries (NSE:JTLIND) EBIT : ₹1,202 Mil (TTM As of Mar. 2024)

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What is JTL Industries EBIT?

JTL Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹391 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,202 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JTL Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 15.37%. JTL Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 26.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JTL Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.18%.

JTL Industries EBIT Historical Data

The historical data trend for JTL 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.

JTL Industries EBIT Chart

JTL Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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168.88

341.57

889.33

1,289.65

1,553.02

JTL Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															290.54	520.89	390.87	419.52	391.16

Competitive Comparison of JTL Industries's EBIT

For the Steel subindustry, JTL 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.

JTL Industries's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's EV-to-EBIT distribution charts can be found below:

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

JTL 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.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,202 Mil.

JTL Industries (NSE:JTLIND) EBIT Explanation

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

JTL 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: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	1407.392 * ( 1 - 22.58% )	/	( (0	+	7086.993)	/ 1 )
=	1089.6028864	/	7086.993
=	15.37 %

where

	Invested Capital		(Q: Dec. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	8434.915	-	287.858	-	( 1060.064	-	max(0, 647.727	-	6591.682	+	1060.064	))
=	7086.993

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

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

JTL 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: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1564.64	/	( ( (0 + max(0, 0))	+	(1173.476 + max(4667.905, 0)) )	/	1 )
=	1564.64	/	( ( 0	+	5841.381 )	/	1 )
=	1564.64	/	5841.381
=	26.79 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1926.612	+	1504.315	+	1684.652)	-	(287.858	+	0	+	159.816)
=	4667.905

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1201.556	/	37825.706
	=	3.18 %

JTL Industries EBIT Related Terms

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JTL Industries (NSE:JTLIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » JTL Industries Ltd (NSE:JTLIND) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

534600:India

Address

SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002

Website

https://www.jtlinfra.com

JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The Company has a pan-India presence and is globally present in serving continents such as Europe, Africa, Asia, Australia and North America.

JTL Industries (NSE:JTLIND) Headlines

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