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Kody Technolab (NSE:KODYTECH) EBIT : ₹70.7 Mil (TTM As of Mar. 2024)


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What is Kody Technolab EBIT?

Kody Technolab's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹57.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹70.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kody Technolab's annualized ROC % for the quarter that ended in Mar. 2024 was 32.24%. Kody Technolab's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 57.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kody Technolab's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.59%.

Kody Technolab EBIT Historical Data

The historical data trend for Kody Technolab'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.

Kody Technolab EBIT Chart

Kody Technolab Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
-1.14 5.87 43.50 70.73

Kody Technolab Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial - -11.52 55.02 13.08 57.65

Competitive Comparison of Kody Technolab's EBIT

For the Information Technology Services subindustry, Kody Technolab'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.

Kody Technolab's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Kody Technolab's EV-to-EBIT distribution charts can be found below:

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


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Kody Technolab 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 semi-annually data reported by the company within the most recent 12 months, which was ₹70.7 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.

Kody Technolab  (NSE:KODYTECH) EBIT Explanation

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

Kody Technolab'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=108.24 * ( 1 - 25.88% )/( (158.729 + 338.913)/ 2 )
=80.227488/248.821
=32.24 %

where

Invested Capital(Q: Sep. 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))
=429.864 - 11.328 - ( 259.807 - max(0, 35.163 - 360.084+259.807))
=158.729

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))
=427.182 - 6.908 - ( 81.361 - max(0, 42.705 - 301.899+81.361))
=338.913

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

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

Kody Technolab'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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=115.3/( ( (60.872 + max(60.714, 0)) + (99.854 + max(177.833, 0)) )/ 2 )
=115.3/( ( 121.586 + 277.687 )/ 2 )
=115.3/199.6365
=57.75 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.397 + 2.636 + 12.844) - (11.328 + 0 + 23.835)
=60.714

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169.833 + 2.636 + 48.069) - (6.908 + 0 + 35.797)
=177.833

When net working capital is negative, 0 is used.

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

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

Kody Technolab's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=70.727/12038.787
=0.59 %

* 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.

Kody Technolab EBIT Related Terms

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Kody Technolab Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Kody Technolab Ltd (NSE:KODYTECH) » Definitions » EBIT
Comparable Companies
BOM:532365 NSE:ORIENTTECH BOM:539607 BOM:526433 BOM:533121 BOM:532875 NSE:SAHANA BOM:511431 BOM:532616 BOM:539843 IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH CTSH IT FIS BOM:507685
Traded in Other Exchanges
N/A
Address
2nd Floor, Block-J, Safal Monde, Near Iscon Mall, Near Rajpathclub, S.G Highway, Bodakdev, Ahmedabad, GJ, IND, 380054
Website
https://www.kodytechnolab.com
Kody Technolab Ltd is a company in the business of software development services to a diverse set of industries. It is a full-stack development company that provides creative and cutting-edge digital solutions to clients. It specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends. The company offers a wide range of services that include custom development, AI Consultation & Implementation, IOT Services, and IT consulting services.

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