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Silver Touch Technologies (NSE:SILVERTUC) EBIT : ₹191 Mil (TTM As of Dec. 2023)


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What is Silver Touch Technologies EBIT?

Silver Touch Technologies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹191 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Silver Touch Technologies's annualized ROC % for the quarter that ended in Dec. 2023 was 18.61%. Silver Touch Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 34.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Silver Touch Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.96%.


Silver Touch Technologies EBIT Historical Data

The historical data trend for Silver Touch Technologies'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.

Silver Touch Technologies EBIT Chart

Silver Touch Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.20 88.09 18.61 90.40 144.07

Silver Touch Technologies Quarterly Data
Mar17 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 33.83 54.87 23.11 48.38 64.86

Competitive Comparison of Silver Touch Technologies's EBIT

For the Information Technology Services subindustry, Silver Touch Technologies'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.


Silver Touch Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Silver Touch Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Silver Touch Technologies's EV-to-EBIT falls into.



Silver Touch Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹191 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.


Silver Touch Technologies  (NSE:SILVERTUC) EBIT Explanation

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

Silver Touch Technologies's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=259.428 * ( 1 - 17.25% )/( (1153.406 + 0)/ 1 )
=214.67667/1153.406
=18.61 %

where

Invested Capital(Q: Sep. 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))
=1619.604 - 122.083 - ( 344.115 - max(0, 455.537 - 1118.856+344.115))
=1153.406

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Silver Touch Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=259.428/( ( (337.638 + max(410.01, 0)) + (0 + max(0, 0)) )/ 1 )
=259.428/( ( 747.648 + 0 )/ 1 )
=259.428/747.648
=34.70 %

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)
=(645.242 + 8.16 + 77.663) - (122.083 + 0 + 198.972)
=410.01

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

Silver Touch Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=191.216/9743.802
=1.96 %

* 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.


Silver Touch Technologies EBIT Related Terms

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Silver Touch Technologies (NSE:SILVERTUC) Business Description

Traded in Other Exchanges
Address
2nd Floor, Saffron Tower, Near Panchwati Circle, Ambawadi, Ahmedabad, GJ, IND, 380006
Silver Touch Technologies Ltd provides information technology (IT) solutions in India and internationally. The company provides solutions including Software Development, Offshoring, IT Infrastructure, Web Modernization, Workforce portability, and Mobile App development. The company also provides consulting services which include Information security, Content management, Product development, and Cloud computing. It caters its services to India and the international market and generates revenue from the same.

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