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LTIMindtree (NSE:LTIM) EBIT : ₹63,293 Mil (TTM As of Dec. 2024)


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What is LTIMindtree EBIT?

LTIMindtree's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹15,414 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹63,293 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. LTIMindtree's annualized ROC % for the quarter that ended in Dec. 2024 was 23.20%. LTIMindtree's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 87.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. LTIMindtree's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.11%.


LTIMindtree EBIT Historical Data

The historical data trend for LTIMindtree'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.

LTIMindtree EBIT Chart

LTIMindtree Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,836.00 26,660.00 54,122.00 59,069.00 61,869.00

LTIMindtree Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16,054.00 14,328.00 15,980.00 17,571.00 15,414.00

Competitive Comparison of LTIMindtree's EBIT

For the Information Technology Services subindustry, LTIMindtree'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.


LTIMindtree's EV-to-EBIT Distribution in the Software Industry

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

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



LTIMindtree 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹63,293 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.


LTIMindtree  (NSE:LTIM) EBIT Explanation

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

LTIMindtree's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=53156 * ( 1 - 26.2% )/( (169010 + 169154)/ 2 )
=39229.128/169082
=23.20 %

where

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

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

LTIMindtree's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=61656/( ( (44601 + max(27828, 0)) + (44532 + max(24190, 0)) )/ 2 )
=61656/( ( 72429 + 68722 )/ 2 )
=61656/70575.5
=87.36 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60911 + 32 + 19438) - (16999 + 0 + 35554)
=27828

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63373 + 29 + 17587) - (17702 + 0 + 39097)
=24190

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=63293/1238472.694
=5.11 %

* 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.


LTIMindtree EBIT Related Terms

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LTIMindtree Business Description

Traded in Other Exchanges
Address
Gate No. 5, Saki Vihar Road, Technology Tower 1, Powai, Mumbai, MH, IND, 400 072
LTIMindtree Ltd is a world-wide technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. The company's segment includes Banking, Financial Services and Insurance; Technology, Media & Communications; Manufacturing and Resources; Consumer Business; and Healthcare, Life sciences & Public Services. It derives maximum revenue from Banking, Financial Services and Insurance segment.

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