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Signet Industries (NSE:SIGIND) EBIT : ₹725 Mil (TTM As of Sep. 2024)


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What is Signet Industries EBIT?

Signet Industries's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹188 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹725 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Signet Industries's annualized ROC % for the quarter that ended in Sep. 2024 was 10.29%. Signet Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Signet Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 14.78%.


Signet Industries EBIT Historical Data

The historical data trend for Signet 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.

Signet Industries EBIT Chart

Signet Industries 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 568.96 541.53 508.30 583.75 751.50

Signet Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only 183.60 230.05 174.84 131.35 188.44

Competitive Comparison of Signet Industries's EBIT

For the Conglomerates subindustry, Signet 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.


Signet Industries's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Signet Industries's EV-to-EBIT distribution charts can be found below:

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



Signet 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹725 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.


Signet Industries  (NSE:SIGIND) EBIT Explanation

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

Signet Industries'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: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=737.12 * ( 1 - 27.44% )/( (0 + 5197.618)/ 1 )
=534.854272/5197.618
=10.29 %

where

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))
=7826.656 - 1794.166 - ( 834.872 - max(0, 5130.24 - 6875.73+834.872))
=5197.618

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Signet Industries'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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=753.756/( ( (0 + max(0, 0)) + (741.536 + max(3979.939, 0)) )/ 1 )
=753.756/( ( 0 + 4721.475 )/ 1 )
=753.756/4721.475
=15.96 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3454.758 + 2216.684 + 335.416) - (1794.166 + 0 + 232.753)
=3979.939

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Signet Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=724.673/4903.005
=14.78 %

* 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.


Signet Industries EBIT Related Terms

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Signet Industries Business Description

Traded in Other Exchanges
Address
Smart Industrial Park, Plot no. 99, Near NATRIP, Pithampur, Dhar, MP, IND, 454775
Signet Industries Ltd is engaged in the business of merchant trading of all kinds of polymers and other related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household, and plastic molded furnitures. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment, which generates maximum revenue, comprises the manufacturing of irrigation and plastic products. Its Windmill segment includes its wind turbine power unit, and the Trading segment involves the trading of polymers and plastic granules. Geographically, the company derives a majority of its revenue from its business in India and also caters to the international markets through exports.

Signet Industries Headlines

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