Paramount Speciality Forgings (NSE:PSFL) EBIT : ₹115.9 Mil (TTM As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Paramount Speciality Forgings EBIT?

Paramount Speciality Forgings's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹115.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹115.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Paramount Speciality Forgings's annualized ROC % for the quarter that ended in Mar. 2024 was 18.04%. Paramount Speciality Forgings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 29.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Paramount Speciality Forgings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.29%.

Paramount Speciality Forgings EBIT Historical Data

The historical data trend for Paramount Speciality Forgings'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.

Paramount Speciality Forgings EBIT Chart

Paramount Speciality Forgings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

EBIT

15.33

50.73

47.88

115.93

Paramount Speciality Forgings Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
EBIT	15.33	50.73	47.88	115.93

Competitive Comparison of Paramount Speciality Forgings's EBIT

For the Metal Fabrication subindustry, Paramount Speciality Forgings'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 Speciality Forgings's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Paramount Speciality Forgings's EV-to-EBIT distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Paramount Speciality Forgings 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 ₹115.9 Mil.

Paramount Speciality Forgings (NSE:PSFL) EBIT Explanation

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

Paramount Speciality Forgings'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 )
=	113.404 * ( 1 - 27.89% )	/	( (378.798	+	527.97)	/ 2 )
=	81.7756244	/	453.384
=	18.04 %

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	))
=	722.387	-	332.45	-	( 11.139	-	max(0, 554.424	-	595.372	+	11.139	))
=	378.798

	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	))
=	817.918	-	286.37	-	( 3.578	-	max(0, 580.538	-	698.043	+	3.578	))
=	527.97

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 Speciality Forgings'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 )
=	115.934	/	( ( (108.828 + max(221.918, 0))	+	(91.875 + max(356.545, 0)) )	/	2 )
=	115.934	/	( ( 330.746	+	448.42 )	/	2 )
=	115.934	/	389.583
=	29.76 %

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)
=	(172.076	+	294.221	+	114.346)	-	(332.45	+	0	+	26.275)
=	221.918

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(163.477	+	385.421	+	141.45)	-	(286.37	+	0	+	47.433)
=	356.545

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 Speciality Forgings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	115.934	/	1248.502
	=	9.29 %

Paramount Speciality Forgings EBIT Related Terms

Thank you for viewing the detailed overview of Paramount Speciality Forgings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Paramount Speciality Forgings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Paramount Speciality Forgings Ltd (NSE:PSFL) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dr. Mascarenhas Road, 3, 1, Guru Himmat Building, Anjirwadi, Mazgaon, Mumbai, MH, IND, 400010

Website

https://www.paramountforge.com

Paramount Speciality Forgings Ltd is engaged in manufacturing steel forgings in India. It manufacture and provide forged components ranging in weight from 1Kg to 4 metric tons in rough or finish-machined condition. Its product are used in industry such as Petrochemicals, Chemicals, Fertilizers, Oil and Gas, Nuclear Power, and other heavy engineering sectors. The Company only operates in sale of carbon steel and stainless steel flanges and fittings and other engineering goods made from steel and stainless steel goods or any other goods and merchandise.

Paramount Speciality Forgings Headlines

No Headlines