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Quality Foils (India) (NSE:QFIL) EBIT : ₹44 Mil (TTM As of Sep. 2023)


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What is Quality Foils (India) EBIT?

Quality Foils (India)'s earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ₹21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Quality Foils (India)'s annualized ROC % for the quarter that ended in Sep. 2023 was 3.90%. Quality Foils (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Quality Foils (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.83%.

Quality Foils (India) EBIT Historical Data

The historical data trend for Quality Foils (India)'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.

Quality Foils (India) EBIT Chart

Quality Foils (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EBIT
51.84 45.65 52.61 73.34

Quality Foils (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
EBIT Get a 7-Day Free Trial - - 50.31 23.03 20.64

Competitive Comparison of Quality Foils (India)'s EBIT

For the Steel subindustry, Quality Foils (India)'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.

Quality Foils (India)'s EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Quality Foils (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Quality Foils (India)'s EV-to-EBIT falls into.


Quality Foils (India) 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹44 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.

Quality Foils (India)  (NSE:QFIL) EBIT Explanation

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

Quality Foils (India)'s annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=35.62 * ( 1 - 26.75% )/( (700.862 + 636.801)/ 2 )
=26.09165/668.8315
=3.90 %

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))
=762.073 - 14.562 - ( 46.649 - max(0, 323.797 - 544.301+46.649))
=700.862

Invested Capital(Q: Sep. 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))
=680.477 - 27.851 - ( 15.825 - max(0, 248.783 - 462.193+15.825))
=636.801

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

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

Quality Foils (India)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=41.274/( ( (207.087 + max(473.998, 0)) + (200.925 + max(364.791, 0)) )/ 2 )
=41.274/( ( 681.085 + 565.716 )/ 2 )
=41.274/623.4005
=6.62 %

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)
=(301.549 + 169.945 + 24.765) - (14.562 + 0 + 7.699)
=473.998

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(259.489 + 135.368 + 12.181) - (27.851 + 0 + 14.396)
=364.791

When net working capital is negative, 0 is used.

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

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

Quality Foils (India)'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=43.663/639.581
=6.83 %

* 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.

Quality Foils (India) EBIT Related Terms

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Quality Foils (India) (NSE:QFIL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Quality Foils (India) Ltd (NSE:QFIL) » Definitions » EBIT
Comparable Companies
BOM:534733 BOM:531667 BOM:513401 BOM:513343 BOM:533482 BOM:538610 BOM:513303 BOM:504180 BOM:531651 BOM:532918 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
3, Industrial Development Colony, Hisar, HR, IND, 125005
Website
https://www.qualitygroup.in
Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.

Quality Foils (India) (NSE:QFIL) Headlines

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