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R M Drip & Sprinklers Systems (NSE:RMDRIP) EBIT : ₹77.5 Mil (TTM As of Mar. 2024)


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What is R M Drip & Sprinklers Systems EBIT?

R M Drip & Sprinklers Systems's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹70.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹77.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. R M Drip & Sprinklers Systems's annualized ROC % for the quarter that ended in Mar. 2024 was 35.87%. R M Drip & Sprinklers Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 37.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. R M Drip & Sprinklers Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.54%.


R M Drip & Sprinklers Systems EBIT Historical Data

The historical data trend for R M Drip & Sprinklers Systems'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.

R M Drip & Sprinklers Systems EBIT Chart

R M Drip & Sprinklers Systems 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 28.54 11.27 3.80 8.98 77.47

R M Drip & Sprinklers Systems Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 15.99 -32.35 41.33 7.23 70.23

Competitive Comparison of R M Drip & Sprinklers Systems's EBIT

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems'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.


R M Drip & Sprinklers Systems's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, R M Drip & Sprinklers Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where R M Drip & Sprinklers Systems's EV-to-EBIT falls into.



R M Drip & Sprinklers Systems 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 ₹77.5 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.


R M Drip & Sprinklers Systems  (NSE:RMDRIP) EBIT Explanation

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

R M Drip & Sprinklers Systems'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 )
=216.554 * ( 1 - 26.3% )/( (336.939 + 553.046)/ 2 )
=159.600298/444.9925
=35.87 %

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:

R M Drip & Sprinklers Systems'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 )
=140.462/( ( (76.374 + max(234.811, 0)) + (100.838 + max(332.814, 0)) )/ 2 )
=140.462/( ( 311.185 + 433.652 )/ 2 )
=140.462/372.4185
=37.72 %

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)
=(163.985 + 117.337 + 1.165) - (38.497 + 0 + 9.179)
=234.811

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(379.149 + 113.109 + 22.889) - (109.313 + 0 + 73.02)
=332.814

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:

R M Drip & Sprinklers Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=77.465/5043.758
=1.54 %

* 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.


R M Drip & Sprinklers Systems EBIT Related Terms

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R M Drip & Sprinklers Systems Business Description

Traded in Other Exchanges
N/A
Address
Krushnaban Colony, Sadguru Nagar Road, Plot No. 22, Bramhanand, Koshiko Nagar, Nashik, MH, IND, 422009
R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

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