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Sona Machinery (NSE:SONAMAC) EBIT : ₹142.1 Mil (TTM As of Mar. 2024)


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What is Sona Machinery EBIT?

Sona Machinery's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹142.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹142.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sona Machinery's annualized ROC % for the quarter that ended in Mar. 2024 was 54.01%. Sona Machinery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 140.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sona Machinery's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.25%.


Sona Machinery EBIT Historical Data

The historical data trend for Sona Machinery'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.

Sona Machinery EBIT Chart

Sona Machinery Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
3.06 46.45 109.31 142.12

Sona Machinery Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT 3.06 46.45 109.31 142.12

Competitive Comparison of Sona Machinery's EBIT

For the Specialty Industrial Machinery subindustry, Sona Machinery'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.


Sona Machinery's EV-to-EBIT Distribution in the Industrial Products Industry

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

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


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Sona Machinery 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 ₹142.1 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.


Sona Machinery  (NSE:SONAMAC) EBIT Explanation

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

Sona Machinery'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 )
=142.299 * ( 1 - 25.63% )/( (132.153 + 259.71)/ 2 )
=105.8277663/195.9315
=54.01 %

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))
=284.222 - 108.738 - ( 66.319 - max(0, 157.206 - 200.537+66.319))
=132.153

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))
=858.148 - 131.789 - ( 466.649 - max(0, 196.396 - 761.145+466.649))
=259.71

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

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

Sona Machinery'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 )
=142.12/( ( (40.386 + max(-8.495, 0)) + (62.909 + max(99.055, 0)) )/ 2 )
=142.12/( ( 40.386 + 161.964 )/ 2 )
=142.12/101.175
=140.47 %

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)
=(59.405 + 52.688 + 21.524) - (108.738 + 0 + 33.374)
=-8.495

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.316 + 122.197 + 73.059) - (131.789 + 0 + 59.728)
=99.055

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:

Sona Machinery's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=142.12/738.381
=19.25 %

* 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.


Sona Machinery EBIT Related Terms

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Sona Machinery Business Description

Traded in Other Exchanges
N/A
Address
Plot F-16 & C-1, Sector: A-3 Tronica City, Industrial Area, Loni, Ghaziabad, UP, IND, 201102
Sona Machinery Ltd is a diversified agro-processing equipment manufacturer company. It manufactures equipment for the processing of rice, pulses, wheat, spices, Barnyard Millet, etc. The company product portfolio includes Grains Pre Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, Stone Separator Machines, Paddy De-Husker, Husk Aspirator, Rice Thick/Thin Grader, Rice Whitener, Silky Polisher, Multi Grader, Length Grader, Belt Conveyer, Bucket Elevator, etc. along with the complete projects for rice mills and ethanol distilleries. Its services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section which includes grain unloading and milling solution upto pre-masher for ethanol distilleries, etc.

Sona Machinery Headlines

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