Sharp Chucks and Machines (NSE:SCML) EBIT : ₹174 Mil (TTM As of Mar. 2024)

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What is Sharp Chucks and Machines EBIT?

Sharp Chucks and Machines's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹174 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹174 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sharp Chucks and Machines's annualized ROC % for the quarter that ended in Mar. 2024 was 8.34%. Sharp Chucks and Machines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sharp Chucks and Machines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.87%.

Sharp Chucks and Machines EBIT Historical Data

The historical data trend for Sharp Chucks and Machines'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.

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Sharp Chucks and Machines EBIT Chart

Sharp Chucks and Machines Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

EBIT

101.67

116.89

146.25

173.79

Sharp Chucks and Machines Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
EBIT	101.67	116.89	146.25	173.79

Competitive Comparison of Sharp Chucks and Machines's EBIT

For the Specialty Industrial Machinery subindustry, Sharp Chucks and Machines'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.

Sharp Chucks and Machines's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sharp Chucks and Machines's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sharp Chucks and Machines's EV-to-EBIT falls into.

Sharp Chucks and Machines 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹174 Mil.

Sharp Chucks and Machines (NSE:SCML) EBIT Explanation

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

Sharp Chucks and Machines'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: Mar. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	177.136 * ( 1 - 28.36% )	/	( (1498.124	+	1544.346)	/ 2 )
=	126.9002304	/	1521.235
=	8.34 %

where

	Invested Capital		(Q: Mar. 2023 )
=	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	))
=	1792.928	-	281.214	-	( 13.59	-	max(0, 894.004	-	987.494	+	13.59	))
=	1498.124

	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	))
=	1973.977	-	410.92	-	( 18.711	-	max(0, 1065.901	-	1141.569	+	18.711	))
=	1544.346

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

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

Sharp Chucks and Machines'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: Mar. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	173.792	/	( ( (772.558 + max(660.127, 0))	+	(798.556 + max(688.447, 0)) )	/	2 )
=	173.792	/	( ( 1432.685	+	1487.003 )	/	2 )
=	173.792	/	1459.844
=	11.90 %

where Working Capital is:

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(291.006	+	646.469	+	21.24)	-	(281.214	+	0	+	17.374)
=	660.127

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(326.43	+	760.813	+	31.223)	-	(410.92	+	0	+	19.099)
=	688.447

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2024) EBIT data.

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

Sharp Chucks and Machines's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	173.792	/	2208.521
	=	7.87 %

Sharp Chucks and Machines EBIT Related Terms

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Sharp Chucks and Machines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sharp Chucks and Machines Ltd (NSE:SCML) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-12, Industrial Development Colony, Jalandhar, PB, IND, 144012

Website

https://www.sharpchucks.com

Sharp Chucks and Machines Ltd is engaged in manufacturing forging products, casting products and machined components, that finds application in diverse industry, such as tractor, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc.

Sharp Chucks and Machines Headlines

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