Marine Electricals (India) (NSE:MARINE) EBIT : ₹616 Mil (TTM As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Marine Electricals (India) EBIT?

Marine Electricals (India)'s earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹118 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹616 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Marine Electricals (India)'s annualized ROC % for the quarter that ended in Dec. 2024 was 4.86%. Marine Electricals (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 18.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Marine Electricals (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 2.97%.

Marine Electricals (India) EBIT Historical Data

The historical data trend for Marine Electricals (India)'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.

Marine Electricals (India) EBIT Chart

Marine Electricals (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

151.23

232.13

232.29

314.24

447.27

Marine Electricals (India) Quarterly Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial															101.67	169.08	130.50	198.60	117.73

Competitive Comparison of Marine Electricals (India)'s EBIT

For the Marine Shipping subindustry, Marine Electricals (India)'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.

Marine Electricals (India)'s EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Marine Electricals (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Marine Electricals (India)'s EV-to-EBIT falls into.

Marine Electricals (India) 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 ₹616 Mil.

Marine Electricals (India) (NSE:MARINE) EBIT Explanation

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

Marine Electricals (India)'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 )
=	293.884 * ( 1 - 40.3% )	/	( (3611.662	+	0)	/ 1 )
=	175.448748	/	3611.662
=	4.86 %

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	))
=	7208.661	-	1973.069	-	( 1623.93	-	max(0, 2964.649	-	5984.796	+	1623.93	))
=	3611.662

	Invested Capital		(Q: Dec. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

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

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

Marine Electricals (India)'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 )
=	470.924	/	( ( (554.715 + max(1937.333, 0))	+	(0 + max(0, 0)) )	/	1 )
=	470.924	/	( ( 2492.048	+	0 )	/	1 )
=	470.924	/	2492.048
=	18.90 %

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)
=	(2908.003	+	1008.627	+	414.317)	-	(1973.069	+	0	+	420.545)
=	1937.333

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

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:

Marine Electricals (India)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	615.907	/	20712.001
	=	2.97 %

Marine Electricals (India) EBIT Related Terms

Thank you for viewing the detailed overview of Marine Electricals (India)'s EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Marine Electricals (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marine Electricals (India) Ltd (NSE:MARINE) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

Marol Industrial Area, B/1, Udyog Sadan No. 3, MIDC, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.marineelectricals.com

Marine Electricals (India) Ltd is engaged in providing integrated electrical and automation solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears, marine motors, control-gears, monitoring and control systems, etc., and is also engaged in the renewable energy sector specifically solar. The company also provides services like designing, fabricating, etc. for all types of electrical and electronic installations and undertakes annual maintenance contracts. Its segments are; Marine and Industry. The Marine segment which generates maximum revenue provides products and services of navigational equipment, and others in new shipbuilding. Geographically, it derives key revenue from India.

Marine Electricals (India) Headlines

No Headlines