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M V K Agro food product (NSE:MVKAGRO) EBIT : ₹227 Mil (TTM As of Mar. 2024)


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What is M V K Agro food product EBIT?

M V K Agro food product's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹112 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹227 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. M V K Agro food product's annualized ROC % for the quarter that ended in Mar. 2024 was 9.47%. M V K Agro food product's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. M V K Agro food product's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.73%.


M V K Agro food product EBIT Historical Data

The historical data trend for M V K Agro food product'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.

M V K Agro food product EBIT Chart

M V K Agro food product Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
45.92 99.85 138.65 226.78

M V K Agro food product Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
EBIT - - - 114.64 112.14

Competitive Comparison of M V K Agro food product's EBIT

For the Confectioners subindustry, M V K Agro food product'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.


M V K Agro food product's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M V K Agro food product's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where M V K Agro food product's EV-to-EBIT falls into.


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M V K Agro food product 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 ₹227 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.


M V K Agro food product  (NSE:MVKAGRO) EBIT Explanation

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

M V K Agro food product'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 )
=183.66 * ( 1 - 9.14% )/( (1446.335 + 2076.185)/ 2 )
=166.873476/1761.26
=9.47 %

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))
=1480.405 - 180.677 - ( 1.667 - max(0, 820.64 - 674.033+1.667))
=1446.335

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))
=2821.814 - 400.925 - ( 544.482 - max(0, 1567.428 - 1912.132+544.482))
=2076.185

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:

M V K Agro food product'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 )
=224.284/( ( (700.073 + max(15.106, 0)) + (733.195 + max(840.214, 0)) )/ 2 )
=224.284/( ( 715.179 + 1573.409 )/ 2 )
=224.284/1144.294
=19.60 %

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)
=(5.384 + 446.99 + 218.619) - (180.677 + 0 + 475.21)
=15.106

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.486 + 1006.063 + 346.728) - (400.925 + 0 + 125.138)
=840.214

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:

M V K Agro food product's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=226.782/1652.090
=13.73 %

* 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.


M V K Agro food product EBIT Related Terms

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M V K Agro food product Business Description

Traded in Other Exchanges
N/A
Address
GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807
M V K Agro food product Ltd is a sugar and other allied products manufacturing company. It manufactures sugar and also sells by-products and waste products, namely, Molasses, Bagasse and Pressmud, and is also engaged in the generation of Power for captive consumption. The company has two segments, namely Sugar and its by-products/waste products from which the sugar segment generates maximum revenue.

M V K Agro food product Headlines

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