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Kore Digital (NSE:KDL) EBIT : ₹165 Mil (TTM As of Mar. 2024)


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What is Kore Digital EBIT?

Kore Digital's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹165 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹165 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kore Digital's annualized ROC % for the quarter that ended in Mar. 2024 was 44.33%. Kore Digital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 80.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kore Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.60%.


Kore Digital EBIT Historical Data

The historical data trend for Kore Digital'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.

Kore Digital EBIT Chart

Kore Digital Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
0.18 3.61 30.40 44.59 165.30

Kore Digital Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
EBIT 0.18 3.61 30.40 44.59 165.30

Competitive Comparison of Kore Digital's EBIT

For the Telecom Services subindustry, Kore Digital'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.


Kore Digital's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kore Digital's EV-to-EBIT distribution charts can be found below:

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


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Kore Digital 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 ₹165 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.


Kore Digital  (NSE:KDL) EBIT Explanation

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

Kore Digital'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 )
=150.689 * ( 1 - 29.5% )/( (100.435 + 378.904)/ 2 )
=106.235745/239.6695
=44.33 %

where

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))
=1526.612 - 745.075 - ( 402.633 - max(0, 768.48 - 1408.027+402.633))
=378.904

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

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

Kore Digital'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 )
=165.301/( ( (31.037 + max(40.155, 0)) + (101.9 + max(239.877, 0)) )/ 2 )
=165.301/( ( 71.192 + 341.777 )/ 2 )
=165.301/206.4845
=80.05 %

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)
=(137.064 + 161.345 + 17.194) - (258.756 + 0 + 16.692)
=40.155

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(491.08 + 257.642 + 255.48) - (745.075 + 0 + 19.25)
=239.877

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:

Kore Digital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=165.301/2951.955
=5.60 %

* 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.


Kore Digital EBIT Related Terms

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Kore Digital Business Description

Traded in Other Exchanges
N/A
Address
B 1107-1108, Shelton Sapphire, Sector 15, Plot No. 18/19, CBD Belapur, Thane, Navi Mumbai, MH, IND, 400614
Kore Digital Ltd offers telecom and infrastructure development and development of related allied services. It is engaged mainly in the business of installing and commissioning Poles, Towers, and Optical Fibre Cable (OFC) Systems in Maharashtra.

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