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Tribhovandas Bhimji Zaveri (NSE:TBZ) EBIT : ₹1,214 Mil (TTM As of Mar. 2024)


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What is Tribhovandas Bhimji Zaveri EBIT?

Tribhovandas Bhimji Zaveri's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹281 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,214 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tribhovandas Bhimji Zaveri's annualized ROC % for the quarter that ended in Mar. 2024 was 6.64%. Tribhovandas Bhimji Zaveri's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tribhovandas Bhimji Zaveri's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.34%.


Tribhovandas Bhimji Zaveri EBIT Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri EBIT Chart

Tribhovandas Bhimji Zaveri 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 791.43 1,031.51 577.44 968.09 1,214.11

Tribhovandas Bhimji Zaveri Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 254.02 270.70 246.59 415.47 281.34

Competitive Comparison of Tribhovandas Bhimji Zaveri's EBIT

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's EV-to-EBIT distribution charts can be found below:

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



Tribhovandas Bhimji Zaveri 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,214 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.


Tribhovandas Bhimji Zaveri  (NSE:TBZ) EBIT Explanation

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

Tribhovandas Bhimji Zaveri'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: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=1041.5 * ( 1 - 17.2% )/( (0 + 12991.447)/ 1 )
=862.362/12991.447
=6.64 %

where

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))
=14585.597 - 1094.466 - ( 499.684 - max(0, 7778.737 - 12888.571+499.684))
=12991.447

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

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

Tribhovandas Bhimji Zaveri'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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1125.36/( ( (0 + max(0, 0)) + (1506.863 + max(10078.854, 0)) )/ 1 )
=1125.36/( ( 0 + 11585.717 )/ 1 )
=1125.36/11585.717
=9.71 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(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: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(161.585 + 11970.606 + 256.696) - (1094.466 + 0 + 1215.567)
=10078.854

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Tribhovandas Bhimji Zaveri's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1214.106/13000.248
=9.34 %

* 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.


Tribhovandas Bhimji Zaveri EBIT Related Terms

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Tribhovandas Bhimji Zaveri (NSE:TBZ) Business Description

Traded in Other Exchanges
Address
Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

Tribhovandas Bhimji Zaveri (NSE:TBZ) Headlines

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