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Pritika Engineering Components (NSE:PRITIKA) EBIT : ₹76.3 Mil (TTM As of Mar. 2023)


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What is Pritika Engineering Components EBIT?

Pritika Engineering Components's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹34.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was ₹76.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pritika Engineering Components's annualized ROC % for the quarter that ended in Mar. 2023 was 8.74%. Pritika Engineering Components's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 9.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pritika Engineering Components's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 7.06%.


Pritika Engineering Components EBIT Historical Data

The historical data trend for Pritika Engineering Components'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.

Pritika Engineering Components EBIT Chart

Pritika Engineering Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
17.63 24.15 20.83 76.31 84.34

Pritika Engineering Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24
EBIT Get a 7-Day Free Trial - - 41.90 34.40 -

Competitive Comparison of Pritika Engineering Components's EBIT

For the Auto Parts subindustry, Pritika Engineering Components'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.


Pritika Engineering Components's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pritika Engineering Components's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pritika Engineering Components's EV-to-EBIT falls into.



Pritika Engineering Components 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹76.3 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.


Pritika Engineering Components  (NSE:PRITIKA) EBIT Explanation

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

Pritika Engineering Components's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=65.916 * ( 1 - 5.5% )/( (649.214 + 776.207)/ 2 )
=62.29062/712.7105
=8.74 %

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))
=961.236 - 133.573 - ( 51.456 - max(0, 285.178 - 406.91+51.456))
=776.207

Note: The Operating Income data used here is two times the semi-annual (Mar. 2023) data.

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

Pritika Engineering Components's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=68.806/( ( (453.62 + max(187.979, 0)) + (553.881 + max(215.553, 0)) )/ 2 )
=68.806/( ( 641.599 + 769.434 )/ 2 )
=68.806/705.5165
=9.75 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.971 + 170.018 + 49.75) - (116.526 + 0 + 5.234)
=187.979

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(133.396 + 154.887 + 67.171) - (133.573 + 0 + 6.328)
=215.553

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2023) EBIT data.

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

Pritika Engineering Components's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=76.307/1081.595
=7.06 %

* 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.


Pritika Engineering Components EBIT Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055
Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

Pritika Engineering Components (NSE:PRITIKA) Headlines

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