Soma Textiles & Industries (NSE:SOMATEX) EBIT : ₹927.07 Mil (TTM As of Sep. 2024)

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What is Soma Textiles & Industries EBIT?

Soma Textiles & Industries's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₹682.10 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹927.07 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Soma Textiles & Industries's annualized ROC % for the quarter that ended in Sep. 2024 was -6.42%. Soma Textiles & Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 1,621.15%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Soma Textiles & Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 87.37%.

Soma Textiles & Industries EBIT Historical Data

The historical data trend for Soma Textiles & 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.

Soma Textiles & Industries EBIT Chart

Soma Textiles & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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56.12

-86.26

34.01

1,753.40

246.17

Soma Textiles & 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															7.60	9.60	222.97	12.40	682.10

Competitive Comparison of Soma Textiles & Industries's EBIT

For the Textile Manufacturing subindustry, Soma Textiles & 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.

Soma Textiles & Industries's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Soma Textiles & 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 ₹927.07 Mil.

Soma Textiles & Industries (NSE:SOMATEX) EBIT Explanation

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

Soma Textiles & 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 )
=	-51.2 * ( 1 - 0% )	/	( (0	+	797.8)	/ 1 )
=	-51.2	/	797.8
=	-6.42 %

where

	Invested Capital		(Q: Jun. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	1603.7	-	1.3	-	( 804.6	-	max(0, 10.3	-	947.7	+	804.6	))
=	797.8

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

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

Soma Textiles & 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 )
=	2728.4	/	( ( (0 + max(0, 0))	+	(32.8 + max(135.5, 0)) )	/	1 )
=	2728.4	/	( ( 0	+	168.3 )	/	1 )
=	2728.4	/	168.3
=	1,621.15 %

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)
=	(23.1	+	0	+	120)	-	(1.3	+	0	+	6.3)
=	135.5

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2024 )
	=	927.069	/	1061.139
	=	87.37 %

Soma Textiles & Industries EBIT Related Terms

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Soma Textiles & Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Soma Textiles & Industries Ltd (NSE:SOMATEX) » Definitions » EBIT

Traded in Other Exchanges

521034:India

Address

Dinshaw Wachha Road, 6, Vaswani Mansion, Backbay Reclamation, Mumbai, MH, IND, 400 020

Website

http://www.somatextiles.com

Soma Textiles & Industries Ltd is a textile manufacturing company. The Company has identified Textile Business as its only primary reportable segment in Trading and manufacturing. It manufactures and sells cloth in India and internationally. The company's products include piece-dyed fabrics. The company is in the business of manufacturing Cotton Yarn, Denim Fabrics, Shirtings, and Garments.

Soma Textiles & Industries Headlines

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