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Manglam Infra and Engineering (NSE:MIEL) EBIT : ₹ Mil (TTM As of Mar. 2024)


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What is Manglam Infra and Engineering EBIT?

Manglam Infra and Engineering's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹96.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manglam Infra and Engineering's annualized ROC % for the quarter that ended in Mar. 2024 was 70.19%. Manglam Infra and Engineering's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 157.47%.

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


Manglam Infra and Engineering EBIT Historical Data

The historical data trend for Manglam Infra and Engineering'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.

Manglam Infra and Engineering EBIT Chart

Manglam Infra and Engineering Annual Data
Trend Mar22 Mar23 Mar24
EBIT
51.97 82.67 96.19

Manglam Infra and Engineering Semi-Annual Data
Mar22 Mar23 Mar24
EBIT 51.97 82.67 96.19

Competitive Comparison of Manglam Infra and Engineering's EBIT

For the Engineering & Construction subindustry, Manglam Infra and Engineering'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.


Manglam Infra and Engineering's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Manglam Infra and Engineering's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Manglam Infra and Engineering's EV-to-EBIT falls into.


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Manglam Infra and Engineering 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 ₹ 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.


Manglam Infra and Engineering  (NSE:MIEL) EBIT Explanation

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

Manglam Infra and Engineering'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: Mar. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=189.346 * ( 1 - 27.15% )/( (154.491 + 238.525)/ 2 )
=137.938561/196.508
=70.19 %

where

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:

Manglam Infra and Engineering'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: Mar. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=192.376/( ( (39.82 + max(39.821, 0)) + (55.672 + max(109.025, 0)) )/ 2 )
=192.376/( ( 79.641 + 164.697 )/ 2 )
=192.376/122.169
=157.47 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94.967 + 0 + 22.796) - (55.695 + 0 + 22.247)
=39.821

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(167.193 + 0 + 48.323) - (88.372 + 0 + 18.119)
=109.025

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:

Manglam Infra and Engineering's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=/343.374
= %

* 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.


Manglam Infra and Engineering EBIT Related Terms

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Manglam Infra and Engineering Business Description

Traded in Other Exchanges
N/A
Address
E-8/31, Area Colony, Near Bus Stop No.12, Bhopal, MP, IND, 462039
Mangalam Infra and Engineering Ltd is an infrastructure consultancy company. It is providing project management consultancy services which includes detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It has cater to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand and Haryana and central government.

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