Paramount Dye Tec (NSE:PARAMOUNT) EBIT : ₹98.6 Mil (TTM As of Mar. 2024)

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What is Paramount Dye Tec EBIT?

Paramount Dye Tec's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹98.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹98.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Paramount Dye Tec's annualized ROC % for the quarter that ended in Mar. 2024 was 24.32%. Paramount Dye Tec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 40.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Paramount Dye Tec's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 22.07%.

Paramount Dye Tec EBIT Historical Data

The historical data trend for Paramount Dye Tec'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.

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Paramount Dye Tec EBIT Chart

Paramount Dye Tec Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

EBIT

4.34

6.32

54.94

98.62

Paramount Dye Tec Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
EBIT	4.34	6.32	54.94	98.62

Competitive Comparison of Paramount Dye Tec's EBIT

For the Textile Manufacturing subindustry, Paramount Dye Tec'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.

Paramount Dye Tec's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Paramount Dye Tec's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Paramount Dye Tec's EV-to-EBIT falls into.

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Paramount Dye Tec 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 ₹98.6 Mil.

Paramount Dye Tec (NSE:PARAMOUNT) EBIT Explanation

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

Paramount Dye Tec'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 )
=	94.445 * ( 1 - 29.82% )	/	( (173.346	+	371.814)	/ 2 )
=	66.281501	/	272.58
=	24.32 %

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	))
=	182.984	-	8.345	-	( 1.293	-	max(0, 104.109	-	139.353	+	1.293	))
=	173.346

	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	))
=	554.965	-	59.285	-	( 123.866	-	max(0, 243.734	-	385.699	+	123.866	))
=	371.814

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

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

Paramount Dye Tec'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 )
=	98.62	/	( ( (42.702 + max(106.453, 0))	+	(167.908 + max(172.098, 0)) )	/	2 )
=	98.62	/	( ( 149.155	+	340.006 )	/	2 )
=	98.62	/	244.5805
=	40.32 %

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)
=	(66.727	+	62.731	+	7.546)	-	(8.345	+	0	+	22.206)
=	106.453

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(60.535	+	175.692	+	24.45)	-	(59.285	+	0	+	29.294)
=	172.098

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:

Paramount Dye Tec's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	98.62	/	446.752
	=	22.07 %

Paramount Dye Tec EBIT Related Terms

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Paramount Dye Tec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Paramount Dye Tec Ltd (NSE:PARAMOUNT) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

Machiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141112

Website

https://www.paramountdyetec.com

Paramount Dye Tec Ltd manufactures yarns by recycling synthetic fiber (recycling synthetic waste), serving the B2B segment of the textile industry. It offers a range of products including synthetic fiber and yarns which include acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn and acrylic blend yarn with quality, finer impact, and lasting excellence. The company utilizes synthetic waste fibers as its primary raw material, transforming them into quality yarn.

Paramount Dye Tec Headlines

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