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Sahaj Fashions (NSE:SAHAJ) EBIT : ₹ Mil (TTM As of Mar. 2024)


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What is Sahaj Fashions EBIT?

Sahaj Fashions's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹24 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sahaj Fashions's annualized ROC % for the quarter that ended in Mar. 2024 was 5.61%. Sahaj Fashions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Sahaj Fashions EBIT Historical Data

The historical data trend for Sahaj Fashions'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.

Sahaj Fashions EBIT Chart

Sahaj Fashions Annual Data
Trend Mar23 Mar24
EBIT
72.17 51.07

Sahaj Fashions Semi-Annual Data
Mar23 Sep23 Mar24
EBIT - 26.99 24.08

Competitive Comparison of Sahaj Fashions's EBIT

For the Textile Manufacturing subindustry, Sahaj Fashions'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.


Sahaj Fashions's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sahaj Fashions's EV-to-EBIT distribution charts can be found below:

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


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Sahaj Fashions 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 ₹ 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.


Sahaj Fashions  (NSE:SAHAJ) EBIT Explanation

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

Sahaj Fashions'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 )
=52.73 * ( 1 - 24.44% )/( (708.284 + 712.67)/ 2 )
=39.842788/710.477
=5.61 %

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:

Sahaj Fashions'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 )
=48.152/( ( (77.182 + max(578.2, 0)) + (105.025 + max(584.492, 0)) )/ 2 )
=48.152/( ( 655.382 + 689.517 )/ 2 )
=48.152/672.4495
=7.16 %

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)
=(440.204 + 274.247 + 0.87400000000002) - (121.736 + 0 + 15.389)
=578.2

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(453.373 + 282.588 + 0) - (137.237 + 0 + 14.232)
=584.492

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:

Sahaj Fashions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=/471.606
= %

* 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.


Sahaj Fashions EBIT Related Terms

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Sahaj Fashions Business Description

Traded in Other Exchanges
N/A
Address
Ajmer Road, Shree Bhawan, Madanganj, Kishangarh, RJ, IND, 305801
Sahaj Fashions Ltd is engaged in manufacturing of high standard fabric which is used for various purposes such as garments, home furnishings, and industrial applications, etc. It manufactures cotton suiting fabric and cotton shirting fabric apart from polyster based and cotton-polyster blended fabrics.

Sahaj Fashions Headlines

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