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Owais Metal and Mineral Processing (NSE:OWAIS) EBIT : ₹ Mil (TTM As of Mar. 2024)


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What is Owais Metal and Mineral Processing EBIT?

Owais Metal and Mineral Processing's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹213.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Owais Metal and Mineral Processing's annualized ROC % for the quarter that ended in Mar. 2024 was 36.56%. Owais Metal and Mineral Processing's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 55.29%.

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

Owais Metal and Mineral Processing EBIT Historical Data

The historical data trend for Owais Metal and Mineral Processing'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.

Owais Metal and Mineral Processing EBIT Chart

Owais Metal and Mineral Processing Annual Data
Trend Mar23 Mar24
EBIT
-1.27 213.93

Owais Metal and Mineral Processing Semi-Annual Data
Mar23 Mar24
EBIT -1.27 213.93

Competitive Comparison of Owais Metal and Mineral Processing's EBIT

For the Other Industrial Metals & Mining subindustry, Owais Metal and Mineral Processing'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.

Owais Metal and Mineral Processing's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Owais Metal and Mineral Processing's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Owais Metal and Mineral Processing's EV-to-EBIT falls into.


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Owais Metal and Mineral Processing 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. 2024 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.

Owais Metal and Mineral Processing  (NSE:OWAIS) EBIT Explanation

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

Owais Metal and Mineral Processing'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 )
=220.356 * ( 1 - 25.17% )/( (38.21 + 863.743)/ 2 )
=164.8923948/450.9765
=36.56 %

where

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))
=37.962 - 0.106 - ( 1 - max(0, 2.6 - 2.246+1))
=38.21

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))
=908.218 - 23.22 - ( 21.255 - max(0, 163.065 - 572.081+21.255))
=863.743

Note: The Operating Income data used here is one times the annual (Mar. 2024) data.

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

Owais Metal and Mineral Processing'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 )
=213.931/( ( (35.716 + max(0.084, 0)) + (276.457 + max(461.577, 0)) )/ 2 )
=213.931/( ( 35.8 + 738.034 )/ 2 )
=213.931/386.917
=55.29 %

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)
=(0 + 0 + 0.19) - (0.106 + 0 + 0)
=0.084

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(215.326 + 156.475 + 179.025) - (23.22 + 0 + 66.029)
=461.577

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

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

Owais Metal and Mineral Processing's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=/11029.370
= %

* 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.

Owais Metal and Mineral Processing EBIT Related Terms

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Owais Metal and Mineral Processing Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Owais Metal and Mineral Processing Ltd (NSE:OWAIS) » Definitions » EBIT
Comparable Companies
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Traded in Other Exchanges
N/A
Address
C/o Sayyad Akhtar Ali Vahid Nagar, Old Baipass Road NA, Ahinsa Gram Old Jaora, Ratlam, MP, IND, 457001
Website
https://www.ommpl.com
Owais Metal and Mineral Processing Ltd is a company engaged as a manufacturer and processor of various metals and minerals. diversified across the broad spectrum of natural resources with main interests in manufacturing and processing metal and minerals. The company is engaged in the manufacturing and processing of the following products which are Manganese Oxide (MNO), MC Ferro Manganese, Manufacturing Wood Charcoal, and Processing of Minerals such as Ferro Alloy, Quartz, and Manganese Ores. Its products like Manganese Oxide are used in the fertilizer industry and are also used by Manganese Sulphate Plants.

Owais Metal and Mineral Processing Headlines

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