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Laxmi Goldorna House (NSE:LGHL) EBIT : ₹213 Mil (TTM As of Sep. 2024)


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What is Laxmi Goldorna House EBIT?

Laxmi Goldorna House's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹73 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹213 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Laxmi Goldorna House's annualized ROC % for the quarter that ended in Sep. 2024 was 17.41%. Laxmi Goldorna House's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 27.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Laxmi Goldorna House's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1.78%.


Laxmi Goldorna House EBIT Historical Data

The historical data trend for Laxmi Goldorna House'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.

Laxmi Goldorna House EBIT Chart

Laxmi Goldorna House Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 13.70 20.42 11.26 28.27 172.29

Laxmi Goldorna House Quarterly Data
Mar17 Mar18 Mar19 Sep19 Mar20 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.42 60.04 45.38 34.24 73.23

Competitive Comparison of Laxmi Goldorna House's EBIT

For the Luxury Goods subindustry, Laxmi Goldorna House'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.


Laxmi Goldorna House's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laxmi Goldorna House's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Laxmi Goldorna House's EV-to-EBIT falls into.


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Laxmi Goldorna House 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹213 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.


Laxmi Goldorna House  (NSE:LGHL) EBIT Explanation

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

Laxmi Goldorna House's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=290.424 * ( 1 - 20.62% )/( (0 + 1324.226)/ 1 )
=230.5385712/1324.226
=17.41 %

where

Invested Capital(Q: Sep. 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))
=1377.667 - 39.199 - ( 14.242 - max(0, 168.543 - 1147.792+14.242))
=1324.226

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

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

Laxmi Goldorna House's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=292.928/( ( (0 + max(0, 0)) + (7.951 + max(1071.838, 0)) )/ 1 )
=292.928/( ( 0 + 1079.789 )/ 1 )
=292.928/1079.789
=27.13 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(423.505 + 643.378 + 62.79) - (39.199 + 0 + 18.636)
=1071.838

When net working capital is negative, 0 is used.

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

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

Laxmi Goldorna House's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=212.892/11946.515
=1.78 %

* 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.


Laxmi Goldorna House EBIT Related Terms

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Laxmi Goldorna House Business Description

Traded in Other Exchanges
N/A
Address
M. G. Haveli Road, Laxmi House, Opposite Bandharano Khancho, Manekchowk, Ahmedabad, GJ, IND, 380001
Laxmi Goldorna House Ltd is engaged in manufacturing and trading business of branded gold jewellery and ornaments. Its collection of manufactured product includes gold jewellery with or without studded precious and semi-precious stones. It is also engaged in the real estate business that includes the construction of commercial and residential projects.