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Party Cruisers (NSE:PARTYCRUS) EBIT : ₹84.3 Mil (TTM As of Mar. 2024)


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What is Party Cruisers EBIT?

Party Cruisers's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹76.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹84.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Party Cruisers's annualized ROC % for the quarter that ended in Mar. 2024 was 46.76%. Party Cruisers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 101.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Party Cruisers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.85%.


Party Cruisers EBIT Historical Data

The historical data trend for Party Cruisers'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.

Party Cruisers EBIT Chart

Party Cruisers Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 13.98 8.08 19.08 49.98 84.26

Party Cruisers Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 15.16 5.07 44.91 7.51 76.75

Competitive Comparison of Party Cruisers's EBIT

For the Specialty Business Services subindustry, Party Cruisers'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.


Party Cruisers's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Party Cruisers's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Party Cruisers's EV-to-EBIT falls into.



Party Cruisers 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 ₹84.3 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.


Party Cruisers  (NSE:PARTYCRUS) EBIT Explanation

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

Party Cruisers'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 )
=153.982 * ( 1 - 24.28% )/( (253.528 + 245.203)/ 2 )
=116.5951704/249.3655
=46.76 %

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:

Party Cruisers'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 )
=153.5/( ( (60.818 + max(81.722, 0)) + (70.343 + max(90.876, 0)) )/ 2 )
=153.5/( ( 142.54 + 161.219 )/ 2 )
=153.5/151.8795
=101.07 %

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)
=(65.473 + 34.08 + 8.818) - (5.909 + 0 + 20.74)
=81.722

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.845 + 33.988 + 51.643) - (38.22 + 0 + 23.38)
=90.876

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:

Party Cruisers's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=84.262/1230.746
=6.85 %

* 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.


Party Cruisers EBIT Related Terms

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Party Cruisers Business Description

Traded in Other Exchanges
N/A
Address
303/304/305 Simran Plaza, Khar 4th Road, Near Hotel Regal Enclave, Khar (West), Mumbai, MH, IND, 400 052
Party Cruisers Ltd specializes in Wedding Management and Events Management Business. The Wedding management services range from pre-wedding, during the wedding and post-wedding events like in-house designing, designation wedding event decor and others; The Event services range from planning and marketing to production and decor and others.

Party Cruisers Headlines

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