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Karnika Industries (NSE:KARNIKA) EBIT : ₹184 Mil (TTM As of Mar. 2024)


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What is Karnika Industries EBIT?

Karnika Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹184 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹184 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Karnika Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 17.54%. Karnika Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Karnika Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.18%.

Karnika Industries EBIT Historical Data

The historical data trend for Karnika 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.

Karnika Industries EBIT Chart

Karnika Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
22.83 93.95 161.27 183.56

Karnika Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT 22.83 93.95 161.27 183.56

Competitive Comparison of Karnika Industries's EBIT

For the Apparel Manufacturing subindustry, Karnika 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.

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

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

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


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Karnika 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 ₹184 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.

Karnika Industries  (NSE:KARNIKA) EBIT Explanation

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

Karnika 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 )
=194.223 * ( 1 - 25.66% )/( (696.488 + 949.63)/ 2 )
=144.3853782/823.059
=17.54 %

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))
=978.432 - 266.425 - ( 15.519 - max(0, 797.517 - 956.777+15.519))
=696.488

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))
=1198.61 - 133.639 - ( 115.341 - max(0, 647.081 - 1141.535+115.341))
=949.63

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

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

Karnika 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 )
=183.562/( ( (18.034 + max(657.324, 0)) + (50.645 + max(877.466, 0)) )/ 2 )
=183.562/( ( 675.358 + 928.111 )/ 2 )
=183.562/801.7345
=22.90 %

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)
=(402.151 + 485.367 + 44.722) - (266.425 + 0 + 8.491)
=657.324

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(513.791 + 475.758 + 32.591) - (133.639 + 0 + 11.035)
=877.466

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=183.562/8425.361
=2.18 %

* 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.

Karnika Industries EBIT Related Terms

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Karnika Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Karnika Industries Ltd (NSE:KARNIKA) » Definitions » EBIT
Comparable Companies
BOM:532022 NSE:IRISDOREME BOM:532613 BOM:523558 BOM:521163 BOM:540952 BOM:541144 NSE:SDREAMS BOM:533329 BOM:530521 OSTO:HM B MIL:MONC RL VFC WAR:LPP TSX:GIL LEVI HKSE:03998 BOM:532827 COLM
Traded in Other Exchanges
N/A
Address
Gurgola Ghat Road P.O. Salkia Howrah, 6&6/1, Kolkata, WB, IND, 711106
Website
http://www.karnikaindustries.com
Karnika Industries Ltd is a certified manufacturer through job work, trader and exporter of garments. It manufactures all types of kids wear through job work, i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pyjamas, winter wear, infant wear, etc. It has constructed well-established manufacturing units for designing, preparation of the sample, quality inspection, ironing and packing of Garments. The company manufactures, through job work, all types of kids wear such as shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear etc.

Karnika Industries Headlines

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