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RNFI Services (NSE:RNFI) EBIT : ₹189 Mil (TTM As of Sep. 2024)


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What is RNFI Services EBIT?

RNFI Services's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹131 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹189 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RNFI Services's annualized ROC % for the quarter that ended in Sep. 2024 was 8.15%. RNFI Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 131.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RNFI Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.59%.


RNFI Services EBIT Historical Data

The historical data trend for RNFI Services'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.

RNFI Services EBIT Chart

RNFI Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
105.75 82.27 77.16 153.26

RNFI Services Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 95.50 57.77 130.77

Competitive Comparison of RNFI Services's EBIT

For the Capital Markets subindustry, RNFI Services'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.


RNFI Services's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, RNFI Services's EV-to-EBIT distribution charts can be found below:

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



RNFI Services 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹189 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.


RNFI Services  (NSE:RNFI) EBIT Explanation

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

RNFI Services's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=204.856 * ( 1 - 26.78% )/( (1495.555 + 2185.046)/ 2 )
=149.9955632/1840.3005
=8.15 %

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))
=1905.138 - 451.272 - ( 598.515 - max(0, 1401.122 - 1359.433+598.515))
=1495.555

Invested Capital(Q: Sep. 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))
=2578.643 - 37.426 - ( 746.468 - max(0, 1371.21 - 1727.381+746.468))
=2185.046

Note: The Operating Income data used here is two times the semi-annual (Sep. 2024) data.

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

RNFI Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=261.534/( ( (205.094 + max(-608.685, 0)) + (191.705 + max(-320.206, 0)) )/ 2 )
=261.534/( ( 205.094 + 191.705 )/ 2 )
=261.534/198.3995
=131.82 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(241.536 + 46.64 + 353.863) - (451.272 + 0 + 799.452)
=-608.685

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(312.335 + 99.247 + 568.583) - (37.426 + 0 + 1262.945)
=-320.206

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

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

RNFI Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=188.534/5245.159
=3.59 %

* 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.


RNFI Services EBIT Related Terms

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RNFI Services Business Description

Traded in Other Exchanges
N/A
Address
DLF Industrial Area, Plot No. 42, UG-5, Relipay House, Kirti Nagar, West Delhi, New Delhi, IND, 110015
RNFI Services Ltd is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C financial technology arena through an integrated business model via online portal and mobile application, focusing on providing banking, digital, and Government to Citizen (G2C) services on PAN India basis. It segregates its business into three segments namely; Business correspondent services; Non-business correspondent services; and others. Key revenue is generated from the Non-business correspondent services.

RNFI Services Headlines

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