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Suraj (NSE:SURAJLTD) EBIT : ₹384 Mil (TTM As of Dec. 2024)


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What is Suraj EBIT?

Suraj's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₹111 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₹384 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Suraj's annualized ROC % for the quarter that ended in Dec. 2024 was 15.43%. Suraj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 27.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Suraj's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.13%.


Suraj EBIT Historical Data

The historical data trend for Suraj'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.

Suraj EBIT Chart

Suraj Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.49 95.89 96.19 321.82 340.79

Suraj Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 101.67 97.96 83.00 92.75 110.62

Competitive Comparison of Suraj's EBIT

For the Steel subindustry, Suraj'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.


Suraj's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Suraj's EV-to-EBIT distribution charts can be found below:

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


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Suraj 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹384 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.


Suraj  (NSE:SURAJLTD) EBIT Explanation

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

Suraj's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=413.136 * ( 1 - 28.59% )/( (1911.577 + 0)/ 1 )
=295.0204176/1911.577
=15.43 %

where

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))
=2180.028 - 265.941 - ( 2.51 - max(0, 814.577 - 1022.276+2.51))
=1911.577

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

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

Suraj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=442.472/( ( (869.183 + max(714.915, 0)) + (0 + max(0, 0)) )/ 1 )
=442.472/( ( 1584.098 + 0 )/ 1 )
=442.472/1584.098
=27.93 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(342.065 + 478.469 + 199.232) - (265.941 + 0 + 38.91)
=714.915

Working Capital(Q: Dec. 2024 )
=(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. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=384.33/7486.492
=5.13 %

* 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.


Suraj EBIT Related Terms

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Suraj Business Description

Traded in Other Exchanges
Address
Ashram Road, Suraj House, Opposite Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Suraj Ltd is engaged in manufacturing and exporting of stainless steel, pipes tubes, U tubes, flanges and fittings. The products of the company are Seamless pipes, Instrumentation tubes, Seamless buttweld fitting, Seamless heat exchanger tubes, Seamless heat exchanger U-tubes, and Stainless-steel flanges. The products have applications in the industry segments like pharmaceuticals, dyes and pigments, oil, gas, refinery, and other divisions.

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