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SPP Polymer (NSE:SPPPOLY) EBIT : ₹39.8 Mil (TTM As of Mar. 2024)


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What is SPP Polymer EBIT?

SPP Polymer's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹39.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹39.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SPP Polymer's annualized ROC % for the quarter that ended in Mar. 2024 was 5.94%. SPP Polymer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SPP Polymer's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.07%.

SPP Polymer EBIT Historical Data

The historical data trend for SPP Polymer'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.

SPP Polymer EBIT Chart

SPP Polymer Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
17.36 9.26 19.70 39.82

SPP Polymer Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT 17.36 9.26 19.70 39.82

Competitive Comparison of SPP Polymer's EBIT

For the Packaging & Containers subindustry, SPP Polymer'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.

SPP Polymer's EV-to-EBIT Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SPP Polymer's EV-to-EBIT distribution charts can be found below:

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


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SPP Polymer 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 ₹39.8 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.

SPP Polymer  (NSE:SPPPOLY) EBIT Explanation

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

SPP Polymer'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 )
=40.282 * ( 1 - 30.4% )/( (473.797 + 470.038)/ 2 )
=28.036272/471.9175
=5.94 %

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))
=541.798 - 59.898 - ( 8.103 - max(0, 188.737 - 259.13+8.103))
=473.797

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))
=709.189 - 238.366 - ( 0.785 - max(0, 371.087 - 446.277+0.785))
=470.038

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

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

SPP Polymer'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 )
=39.824/( ( (271.444 + max(137.984, 0)) + (244.56 + max(143.262, 0)) )/ 2 )
=39.824/( ( 409.428 + 387.822 )/ 2 )
=39.824/398.625
=9.99 %

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)
=(78.256 + 102.183 + 34.46) - (59.898 + 0 + 17.017)
=137.984

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(141.183 + 246.082 + 22.099) - (238.366 + 0 + 27.736)
=143.262

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:

SPP Polymer's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=39.824/395.466
=10.07 %

* 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.

SPP Polymer EBIT Related Terms

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SPP Polymer Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » SPP Polymer Ltd (NSE:SPPPOLY) » Definitions » EBIT
Comparable Companies
BOM:543656 BOM:531671 BOM:542865 BOM:526711 BOM:506979 NSE:SABAR BOM:543979 BOM:530063 BOM:530111 BOM:531397 IP SW PKG BALL AMCR AVY CCK TSX:CCL.A BERY GPK
Traded in Other Exchanges
N/A
Address
Plot No-04, Sector-01, IIE, SIIDCUL, Pantnagar, Udhamsingh Nagar, Rudrapur, UT, IND, 263153
Website
https://www.spppolymer.com
SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.

SPP Polymer Headlines

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