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Rana Sugars (NSE:RANASUG) EBIT : ₹653 Mil (TTM As of Mar. 2024)


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What is Rana Sugars EBIT?

Rana Sugars's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹311 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹653 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rana Sugars's annualized ROC % for the quarter that ended in Mar. 2024 was 9.95%. Rana Sugars's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 13.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rana Sugars's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.44%.


Rana Sugars EBIT Historical Data

The historical data trend for Rana Sugars'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.

Rana Sugars EBIT Chart

Rana Sugars Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,781.95 1,733.67 1,228.67 1,053.87 653.40

Rana Sugars Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 575.96 287.35 -74.47 129.41 311.11

Competitive Comparison of Rana Sugars's EBIT

For the Confectioners subindustry, Rana Sugars'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.


Rana Sugars's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rana Sugars's EV-to-EBIT distribution charts can be found below:

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



Rana Sugars 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 quarterly data reported by the company within the most recent 12 months, which was ₹653 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.


Rana Sugars  (NSE:RANASUG) EBIT Explanation

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

Rana Sugars'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1011.472 * ( 1 - 0.26% )/( (0 + 10141.346)/ 1 )
=1008.8421728/10141.346
=9.95 %

where

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))
=15029.824 - 4389.311 - ( 499.167 - max(0, 8087.815 - 8627.596+499.167))
=10141.346

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Rana Sugars'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1244.432/( ( (0 + max(0, 0)) + (5846.732 + max(3054.228, 0)) )/ 1 )
=1244.432/( ( 0 + 8900.96 )/ 1 )
=1244.432/8900.96
=13.98 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1391.113 + 5921.533 + 733.974) - (4389.311 + 0 + 603.081)
=3054.228

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Rana Sugars's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=653.403/7737.475
=8.44 %

* 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.


Rana Sugars EBIT Related Terms

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Rana Sugars (NSE:RANASUG) Business Description

Traded in Other Exchanges
Address
SCO 49-50, Madhya Marg, Sector 8-C, Chandigarh, IND, 160009
Rana Sugars Ltd is a sugar manufacturing company. Its segments include Sugar Manufacturing, Ethanol Manufacturing, and Power Generation. The Sugar Manufacturing segment acts as a core revenue driver for the firm which involves the manufacturing and selling of sugar, molasses, and bagasse. The company offers Double Refined White Sulphurless Sugar, Plantation White Sugar, Raw Sugar, and Sugar from Sugar Beet. Geographically, it operates in India.

Rana Sugars (NSE:RANASUG) Headlines

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