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Rex Pipes and Cables Industries (NSE:REXPIPES) EBIT : ₹93 Mil (TTM As of Mar. 2024)


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What is Rex Pipes and Cables Industries EBIT?

Rex Pipes and Cables Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹93 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rex Pipes and Cables Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 10.76%. Rex Pipes and Cables Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rex Pipes and Cables Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.27%.


Rex Pipes and Cables Industries EBIT Historical Data

The historical data trend for Rex Pipes and Cables 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.

Rex Pipes and Cables Industries EBIT Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 28.10 32.44 42.82 71.92 93.07

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.55 35.96 35.95 47.03 46.04

Competitive Comparison of Rex Pipes and Cables Industries's EBIT

For the Specialty Chemicals subindustry, Rex Pipes and Cables 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.


Rex Pipes and Cables Industries's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rex Pipes and Cables Industries's EV-to-EBIT falls into.



Rex Pipes and Cables 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 ₹93 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.


Rex Pipes and Cables Industries  (NSE:REXPIPES) EBIT Explanation

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

Rex Pipes and Cables 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 )
=92.79 * ( 1 - 27.46% )/( (638.77 + 612.219)/ 2 )
=67.309866/625.4945
=10.76 %

where

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:

Rex Pipes and Cables 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 )
=92.086/( ( (123.789 + max(439.516, 0)) + (116.066 + max(442.678, 0)) )/ 2 )
=92.086/( ( 563.305 + 558.744 )/ 2 )
=92.086/561.0245
=16.41 %

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)
=(283.346 + 236.73 + -1.1368683772162E-13) - (59.212 + 0 + 21.348)
=439.516

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(192.024 + 299.553 + 54.764) - (57.97 + 0 + 45.693)
=442.678

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:

Rex Pipes and Cables Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=93.07/1004.251
=9.27 %

* 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.


Rex Pipes and Cables Industries EBIT Related Terms

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Rex Pipes and Cables Industries Business Description

Traded in Other Exchanges
N/A
Address
F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the Rex brand name. It offers a wide range of products including three-core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries such as agriculture, power, construction, and engineering.

Rex Pipes and Cables Industries Headlines

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