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The United Nilgiri Tea Estates Co (NSE:UNITEDTEA) EBIT : ₹204.7 Mil (TTM As of Mar. 2024)


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What is The United Nilgiri Tea Estates Co EBIT?

The United Nilgiri Tea Estates Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹41.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹204.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The United Nilgiri Tea Estates Co's annualized ROC % for the quarter that ended in Mar. 2024 was 2.97%. The United Nilgiri Tea Estates Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 33.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The United Nilgiri Tea Estates Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.00%.


The United Nilgiri Tea Estates Co EBIT Historical Data

The historical data trend for The United Nilgiri Tea Estates Co'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.

The United Nilgiri Tea Estates Co EBIT Chart

The United Nilgiri Tea Estates Co 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 139.28 151.85 129.85 150.23 204.73

The United Nilgiri Tea Estates Co 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 32.45 59.84 48.27 55.33 41.30

Competitive Comparison of The United Nilgiri Tea Estates Co's EBIT

For the Farm Products subindustry, The United Nilgiri Tea Estates Co'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.


The United Nilgiri Tea Estates Co's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The United Nilgiri Tea Estates Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The United Nilgiri Tea Estates Co's EV-to-EBIT falls into.



The United Nilgiri Tea Estates Co 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 ₹204.7 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.


The United Nilgiri Tea Estates Co  (NSE:UNITEDTEA) EBIT Explanation

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

The United Nilgiri Tea Estates Co'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 )
=75.236 * ( 1 - 25.76% )/( (0 + 1879.563)/ 1 )
=55.8552064/1879.563
=2.97 %

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))
=2169.31 - 19.981 - ( 269.766 - max(0, 65.626 - 500.028+269.766))
=1879.563

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

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

The United Nilgiri Tea Estates Co'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 )
=165.2/( ( (0 + max(0, 0)) + (321.443 + max(164.636, 0)) )/ 1 )
=165.2/( ( 0 + 486.079 )/ 1 )
=165.2/486.079
=33.99 %

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)
=(128.768 + 65.529 + 35.965) - (19.981 + 0 + 45.645)
=164.636

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:

The United Nilgiri Tea Estates Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=204.734/1462.294
=14.00 %

* 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.


The United Nilgiri Tea Estates Co EBIT Related Terms

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The United Nilgiri Tea Estates Co (NSE:UNITEDTEA) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Savithri Shanmugam Road, Race Course, Coimbatore, TN, IND, 641 018
The United Nilgiri Tea Estates Co Ltd is engaged in the growing, manufacturing and sale of tea. The company's operating segments includes Plantation and Commercial Property. It generates maximum revenue from the Plantation segment. Geographically, it operates in India and Outside India of which it derives a majority of revenue from Outside India. Its Bulk packet tea includes Special, Black, Green, Herbal and Gift tea. The company is also engaged in Letting-out of property.

The United Nilgiri Tea Estates Co (NSE:UNITEDTEA) Headlines

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