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Trident Techlabs (NSE:TECHLABS) EBIT : ₹153.5 Mil (TTM As of Mar. 2024)


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What is Trident Techlabs EBIT?

Trident Techlabs's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹153.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹153.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trident Techlabs's annualized ROC % for the quarter that ended in Mar. 2024 was 21.20%. Trident Techlabs's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 30.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trident Techlabs's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.62%.

Trident Techlabs EBIT Historical Data

The historical data trend for Trident Techlabs'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.

Trident Techlabs EBIT Chart

Trident Techlabs Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
38.62 35.85 97.12 153.48

Trident Techlabs Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT 38.62 35.85 97.12 153.48

Competitive Comparison of Trident Techlabs's EBIT

For the Software - Application subindustry, Trident Techlabs'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.

Trident Techlabs's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Trident Techlabs's EV-to-EBIT distribution charts can be found below:

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


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Trident Techlabs 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 ₹153.5 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.

Trident Techlabs  (NSE:TECHLABS) EBIT Explanation

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

Trident Techlabs'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 )
=162.016 * ( 1 - 25.91% )/( (434.621 + 697.696)/ 2 )
=120.0376544/566.1585
=21.20 %

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))
=500.858 - 63.344 - ( 2.893 - max(0, 143.333 - 465.319+2.893))
=434.621

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))
=988.389 - 286.243 - ( 4.45 - max(0, 386.085 - 914.034+4.45))
=697.696

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

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

Trident Techlabs'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 )
=153.478/( ( (15.567 + max(389.534, 0)) + (16.835 + max(585.575, 0)) )/ 2 )
=153.478/( ( 405.101 + 602.41 )/ 2 )
=153.478/503.7555
=30.47 %

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)
=(374.523 + 15.683 + 72.22) - (63.344 + 0 + 9.548)
=389.534

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(596.249 + 24.701 + 288.634) - (286.243 + 0 + 37.766)
=585.575

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=153.478/9447.570
=1.62 %

* 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.

Trident Techlabs EBIT Related Terms

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Trident Techlabs Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Trident Techlabs Ltd (NSE:TECHLABS) » Definitions » EBIT
Comparable Companies
BOM:519602 NSE:KSOLVES NSE:UNIECOM BOM:532370 NSE:KERNEX BOM:540735 NSE:INFOBEAN BOM:532348 NSE:ALLETEC BOM:539678 XTER:SAP CRM INTU NOW ADBE UBER TSX:SHOP ADP APP MSTR
Traded in Other Exchanges
N/A
Address
Rani Jhansi Road, 1/18-20, 2nd floor, White House, New Delhi, IND, 110055
Website
https://www.tridenttechlabs.com
Trident Techlabs Ltd offers custom-built technology solutions to corporates in the aerospace, defense, automotive, telecom, semiconductor and power distribution sectors. It has two business verticals i.e. Engineering Solutions and Power System Solutions. Engineering Solutions portfolio consists of system-level electronics design, chip-level electronics design, embedded design, PCB designing, electromagnetic simulations and other products and services. Power Solutions portfolio of products and related services helps power distribution utilities that face new challenges due to the ever-changing nature of the industry and the increasing pressure on network reliability. The company operates in two segments; trading business, and consultancy business which generates the majority of the revenue.

Trident Techlabs Headlines

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