Shri Ram Switchgears (NSE:SRIRAM) EBIT: ₹-136.72 Mil (TTM As of Mar. 2023)


NSE:SRIRAM Shri Ram Switchgears Ltd NSE:SRIRAM
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Price ₹10.10
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What is Shri Ram Switchgears EBIT?

Shri Ram Switchgears NSE:SRIRAM 4 EBIT is ₹-136.72 Mil as of Mar. 2023. GuruFocus rates NSE:SRIRAM with a GF Score™ of 4/100.

Shri Ram Switchgears's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-136.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shri Ram Switchgears's annualized ROC % for the quarter that ended in Mar. 2023 was 0.00%. Shri Ram Switchgears's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shri Ram Switchgears's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -21.27%.

Shri Ram Switchgears  (NSE:SRIRAM) EBIT Explanation

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

Shri Ram Switchgears's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=0 * ( 1 - 0% )/( (417.236 + 460.55)/ 2 )
=0/438.893
=0.00 %

where

Invested Capital(Q: Mar. 2022 )
=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))
=500.733 - 70.233 - ( 13.264 - max(0, 306.434 - 478.806+13.264))
=417.236

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))
=536.061 - 71.866 - ( 3.645 - max(0, 274.141 - 517.272+3.645))
=460.55

Note: The Operating Income data used here is two times the semi-annual (Mar. 2023) data.

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

Shri Ram Switchgears's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (16.694 + max(384.634, 0)) + (14.038 + max(434.142, 0)) )/ 2 )
=0/( ( 401.328 + 448.18 )/ 2 )
=0/424.754
=0.00 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(316.83 + 132.494 + 6.345) - (70.233 + 0 + 0.80200000000002)
=384.634

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(374.108 + 128.917 + 3.8100000000001) - (71.866 + 0 + 0.827)
=434.142

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2023) EBIT data.

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

Shri Ram Switchgears's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2023 )
=-136.724/642.717
=-21.27 %

* 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.

Shri Ram Switchgears EBIT Related Terms

Shri Ram Switchgears EBIT Historical Data

* Premium members only.

The historical data trend for Shri Ram Switchgears'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.

Shri Ram Switchgears EBIT Chart

Shri Ram Switchgears 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 67.04 29.16 -104.77 -136.72 -15.26

Shri Ram Switchgears Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 -19.48 -85.29 -22.81 -113.92 0.00

Shri Ram Switchgears EBIT Competitor Comparison

For the Electrical Equipment & Parts subindustry, Shri Ram Switchgears'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.

Shri Ram Switchgears EV-to-EBIT vs Industrial Products Industry

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

* The bar in red indicates where Shri Ram Switchgears's EV-to-EBIT falls into.


NSE:SRIRAM
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Shri Ram Switchgears Ltd NSE:SRIRAM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Ram Switchgears 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-136.72 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹-136.72 Mil mean?
Shri Ram Switchgears (NSE:SRIRAM) has a EBIT of ₹-136.72 Mil as of Mar. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shri Ram Switchgears.
Is Shri Ram Switchgears' EBIT too high?
Shri Ram Switchgears' current EBIT is ₹-136.72 Mil. Overall, Shri Ram Switchgears has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Shri Ram Switchgears' EBIT compare to competitors?
Shri Ram Switchgears' EBIT of ₹-136.72 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Shri Ram Switchgears. Shri Ram Switchgears's current EBIT is ₹-136.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Ram Switchgears stock overvalued right now?
Shri Ram Switchgears (NSE:SRIRAM) has a current EBIT of ₹-136.72 Mil. The current EBIT is ₹-136.72 Mil. Shri Ram Switchgears' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Shri Ram Switchgears (NSE:SRIRAM), the current EBIT is ₹-136.72 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shri Ram Switchgears Business Description

Address Goushala Road, Shri Ram Bhawan, Ratlam, MP, IND, 457001
Shri Ram Switchgears Ltd is an India-based company that engages in the manufacture and supply of switchgear, distributor boxes, metering boxes, feeder pillars Panels, Low Tension/ High Tension Line materials required in power distribution system utilities. The company also provides control and relay panels, air circuit breaker boxes, single phase boxes, main circuit breaker and molded case circuit breaker panels, A.C./D.C. boards, and other related products.
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Get the complete analysis for NSE:SRIRAM

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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