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Rajputana Industries (NSE:RAJINDLTD) EBIT : ₹133 Mil (TTM As of Mar. 2024)


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What is Rajputana Industries EBIT?

Rajputana Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹133 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rajputana Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 14.62%. Rajputana Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 20.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rajputana Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.54%.

Rajputana Industries EBIT Historical Data

The historical data trend for Rajputana Industries'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.

Rajputana Industries EBIT Chart

Rajputana Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
62.80 92.07 100.20 133.41

Rajputana Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
EBIT - - - 71.26 62.15

Competitive Comparison of Rajputana Industries's EBIT

For the Metal Fabrication subindustry, Rajputana Industries'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.

Rajputana Industries's EV-to-EBIT Distribution in the Industrial Products Industry

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

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


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Rajputana Industries 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 ₹133 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.

Rajputana Industries  (NSE:RAJINDLTD) EBIT Explanation

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

Rajputana Industries'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 )
=141.288 * ( 1 - 25.52% )/( (623.81 + 815.309)/ 2 )
=105.2313024/719.5595
=14.62 %

where

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))
=1379.471 - 737.36 - ( 18.301 - max(0, 850.483 - 945.919+18.301))
=623.81

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))
=1497.481 - 663.268 - ( 18.904 - max(0, 938.561 - 1015.633+18.904))
=815.309

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:

Rajputana Industries'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 )
=124.304/( ( (422.859 + max(174.963, 0)) + (471.155 + max(159.676, 0)) )/ 2 )
=124.304/( ( 597.822 + 630.831 )/ 2 )
=124.304/614.3265
=20.23 %

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)
=(85.634 + 806.322 + 35.199) - (737.36 + 0 + 14.832)
=174.963

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(130.666 + 829.831 + 35.17) - (663.268 + 0 + 172.723)
=159.676

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:

Rajputana Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=133.413/2038.597
=6.54 %

* 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.

Rajputana Industries EBIT Related Terms

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Rajputana Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rajputana Industries Ltd (NSE:RAJINDLTD) » Definitions » EBIT
Comparable Companies
BOM:540393 BOM:513472 BOM:532847 BOM:544381 BOM:534064 BOM:502820 BOM:539219 BOM:533170 BOM:526861 BOM:539196 CRS MLI ATI ESAB SZSE:000039 SHSE:688122 XTER:NDA TPE:2474 SZSE:300748 SHSE:601399
Traded in Other Exchanges
N/A
Address
Road No. 13, F-269-B, V.K.I. Area, Jaipur, RJ, IND, 302013
Website
https://www.rajputanaindustries.com
Rajputana Industries Ltd is engaged in the business of manufacturing of non-ferrous metal products from Copper, Aluminium, Brass, and various alloys from the recycling of scrap metal. Its products include Copper rods, Aluminium rods, Copper mother tubes, brass wires, super enameled copper conductors, and many more products.

Rajputana Industries Headlines

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