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Trom Industries (NSE:TROM) EBIT : ₹83.2 Mil (TTM As of Mar. 2024)


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What is Trom Industries EBIT?

Trom Industries's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹83.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹83.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trom Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 39.07%. Trom Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 73.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trom Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.99%.


Trom Industries EBIT Historical Data

The historical data trend for Trom Industries'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.

Trom Industries EBIT Chart

Trom Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
9.11 7.21 10.32 83.24

Trom Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
EBIT 9.11 7.21 10.32 83.24

Competitive Comparison of Trom Industries's EBIT

For the Solar subindustry, Trom Industries'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.


Trom Industries's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Trom Industries's EV-to-EBIT distribution charts can be found below:

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



Trom Industries 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 ₹83.2 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.


Trom Industries  (NSE:TROM) EBIT Explanation

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

Trom Industries'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 )
=82.263 * ( 1 - 25.2% )/( (102.544 + 212.445)/ 2 )
=61.532724/157.4945
=39.07 %

where

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

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

Trom Industries'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 )
=83.24/( ( (2.305 + max(61.023, 0)) + (1.791 + max(160.061, 0)) )/ 2 )
=83.24/( ( 63.328 + 161.852 )/ 2 )
=83.24/112.59
=73.93 %

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)
=(119.682 + 28.11 + 54.492) - (108.719 + 0 + 32.542)
=61.023

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(123.43 + 119.132 + 29.864) - (74.824 + 0 + 37.541)
=160.061

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=83.24/1666.806
=4.99 %

* 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.


Trom Industries EBIT Related Terms

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Trom Industries Business Description

Traded in Other Exchanges
N/A
Address
Sargasan Cross Road, 4th Floor, 421, Pramukh Tangent, Gandhinagar, GJ, IND, 382421
Trom Industries Ltd is a Solar EPC (Engineering, Procurement, and Construction) company engaged in residential solar rooftop, industrial solar power plants, ground-mounted solar power plants, and solar street lights.

Trom Industries Headlines

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