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Micropro Software Solutions (NSE:MICROPRO) EBIT : ₹ Mil (TTM As of Mar. 2023)


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What is Micropro Software Solutions EBIT?

Micropro Software Solutions's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹85.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Micropro Software Solutions's annualized ROC % for the quarter that ended in Mar. 2023 was 35.06%. Micropro Software Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 58.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Micropro Software Solutions EBIT Historical Data

The historical data trend for Micropro Software Solutions'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.

Micropro Software Solutions EBIT Chart

Micropro Software Solutions Annual Data
Trend Mar21 Mar22 Mar23
EBIT
20.12 39.18 85.17

Micropro Software Solutions Semi-Annual Data
Mar21 Mar22 Mar23
EBIT 20.12 39.18 85.17

Competitive Comparison of Micropro Software Solutions's EBIT

For the Information Technology Services subindustry, Micropro Software Solutions'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.

Micropro Software Solutions's EV-to-EBIT Distribution in the Software Industry

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

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


Micropro Software Solutions 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹ 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.

Micropro Software Solutions  (NSE:MICROPRO) EBIT Explanation

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

Micropro Software Solutions's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=87.413 * ( 1 - 27.95% )/( (150.985 + 208.342)/ 2 )
=62.9810665/179.6635
=35.06 %

where

Invested Capital(Q: Mar. 2022 )
=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))
=204.858 - 29.307 - ( 24.566 - max(0, 70.581 - 97.124+24.566))
=150.985

Invested Capital(Q: Mar. 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))
=255.957 - 29.466 - ( 18.149 - max(0, 73.471 - 155.682+18.149))
=208.342

Note: The Operating Income data used here is one times the annual (Mar. 2023) data.

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

Micropro Software Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=85.165/( ( (89.935 + max(31.607, 0)) + (83.724 + max(86.062, 0)) )/ 2 )
=85.165/( ( 121.542 + 169.786 )/ 2 )
=85.165/145.664
=58.47 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.42 + 2.707 + 12.431) - (29.307 + 0 + 8.644)
=31.607

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(121.425 + 3.327 + 9.781) - (29.466 + 0 + 19.005)
=86.062

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

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

Micropro Software Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=/710.469
= %

* 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.

Micropro Software Solutions EBIT Related Terms

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Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » EBIT
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Traded in Other Exchanges
N/A
Address
Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022
Website
https://www.microproindia.com
Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

Micropro Software Solutions (NSE:MICROPRO) Headlines

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