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Unilex Colours and Chemicals (NSE:UNILEX) EBIT : ₹ Mil (TTM As of Mar. 2024)


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What is Unilex Colours and Chemicals EBIT?

Unilex Colours and Chemicals's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹92 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Unilex Colours and Chemicals's annualized ROC % for the quarter that ended in Mar. 2024 was 8.99%. Unilex Colours and Chemicals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.


Unilex Colours and Chemicals EBIT Historical Data

The historical data trend for Unilex Colours and Chemicals'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.

Unilex Colours and Chemicals EBIT Chart

Unilex Colours and Chemicals Annual Data
Trend Mar22 Mar23 Mar24
EBIT
67.67 71.98 91.82

Unilex Colours and Chemicals Semi-Annual Data
Mar22 Mar23 Mar24
EBIT 67.67 71.98 91.82

Competitive Comparison of Unilex Colours and Chemicals's EBIT

For the Specialty Chemicals subindustry, Unilex Colours and Chemicals'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.


Unilex Colours and Chemicals's EV-to-EBIT Distribution in the Chemicals Industry

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

* The bar in red indicates where Unilex Colours and Chemicals's EV-to-EBIT falls into.


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Unilex Colours and Chemicals 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 ₹ 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.


Unilex Colours and Chemicals  (NSE:UNILEX) EBIT Explanation

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

Unilex Colours and Chemicals'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 )
=61.062 * ( 1 - 25.55% )/( (440.046 + 571.135)/ 2 )
=45.460659/505.5905
=8.99 %

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))
=707.231 - 256.887 - ( 10.298 - max(0, 381.582 - 589.884+10.298))
=440.046

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))
=906.835 - 292.038 - ( 43.662 - max(0, 532.858 - 786.941+43.662))
=571.135

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

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

Unilex Colours and Chemicals'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 )
=91.822/( ( (113.255 + max(309.486, 0)) + (112.784 + max(419.545, 0)) )/ 2 )
=91.822/( ( 422.741 + 532.329 )/ 2 )
=91.822/477.535
=19.23 %

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)
=(338.777 + 145.302 + 92.05) - (256.887 + 0 + 9.756)
=309.486

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(444.217 + 175.869 + 117.687) - (292.038 + 0 + 26.19)
=419.545

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:

Unilex Colours and Chemicals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=/819.286
= %

* 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.


Unilex Colours and Chemicals EBIT Related Terms

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Unilex Colours and Chemicals Business Description

Traded in Other Exchanges
N/A
Address
Chincholi Bunder Road, 106/107, Floor, Advent, Atria, 1st Floor, Malad West, Mumbai, MH, IND, 400064
Unilex Colours and Chemicals Ltd is engaged in the business of manufacturing of Pigment, and the trading of chemicals and food colours. The pigments manufactured by the company find diverse applications across various industries such as plastic, rubber, textiles, paper, printing inks, paints and coating. Its products are marketed under the registered brand name Unilex.

Unilex Colours and Chemicals Headlines

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