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Megatherm Induction (NSE:MEGATHERM) EBIT : ₹305 Mil (TTM As of Mar. 2024)


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What is Megatherm Induction EBIT?

Megatherm Induction's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹186 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹305 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Megatherm Induction's annualized ROC % for the quarter that ended in Mar. 2024 was 18.92%. Megatherm Induction's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 44.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Megatherm Induction's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.49%.

Megatherm Induction EBIT Historical Data

The historical data trend for Megatherm Induction'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.

Megatherm Induction EBIT Chart

Megatherm Induction Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
105.37 53.74 226.43 305.23

Megatherm Induction Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
EBIT - - - 119.54 185.69

Competitive Comparison of Megatherm Induction's EBIT

For the Specialty Industrial Machinery subindustry, Megatherm Induction'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.

Megatherm Induction's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Megatherm Induction's EV-to-EBIT distribution charts can be found below:

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


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Megatherm Induction 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 ₹305 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.

Megatherm Induction  (NSE:MEGATHERM) EBIT Explanation

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

Megatherm Induction'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 )
=421.996 * ( 1 - 25.03% )/( (1636.886 + 1708.038)/ 2 )
=316.3704012/1672.462
=18.92 %

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))
=2104.028 - 465.487 - ( 109.413 - max(0, 1361.131 - 1362.786+109.413))
=1636.886

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))
=2701.521 - 445.737 - ( 622.9 - max(0, 1389.895 - 1937.641+622.9))
=1708.038

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:

Megatherm Induction'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 )
=371.378/( ( (628.03 + max(197.934, 0)) + (631.737 + max(221.37, 0)) )/ 2 )
=371.378/( ( 825.964 + 853.107 )/ 2 )
=371.378/839.5355
=44.24 %

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)
=(217.739 + 785.6 + 222.159) - (465.487 + 0 + 562.077)
=197.934

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(319.758 + 816.973 + 173.148) - (445.737 + 0 + 642.772)
=221.37

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=305.23/5556.673
=5.49 %

* 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.

Megatherm Induction EBIT Related Terms

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Megatherm Induction Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Megatherm Induction Ltd (NSE:MEGATHERM) » Definitions » EBIT
Comparable Companies
BOM:504959 BOM:523792 BOM:543982 BOM:505720 BOM:541402 BOM:544001 BOM:509709 BOM:543515 BOM:505232 BOM:505750 XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR TSE:7011 XTER:ENR CMI
Traded in Other Exchanges
N/A
Address
Plot- L1 Block GP, Sector V, Electronics Complex, Salt lake City, Kolkata, WB, IND, 700091
Website
https://www.megatherm.com
Megatherm Induction Ltd is mainly involved in manufacturing and selling capital equipment such as induction melting and heating equipment, arc melting furnaces, ladle refining furnaces, continuous casting machines, and transformers. The company's products include automation, forging shop and mass heating equipment, foundry melt shop equipment, heat treatment and special applications, and pipes and tubes for heating, welding, and steel melt shop equipment. The company generates the majority of its revenue from India, with some revenue coming from international sales.

Megatherm Induction Headlines

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