GURUFOCUS.COM » STOCK LIST » Industrials » Construction » VL Infraprojects Ltd (NSE:VLINFRA) » Definitions » EBIT

VL Infraprojects (NSE:VLINFRA) EBIT : ₹102 Mil (TTM As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is VL Infraprojects EBIT?

VL Infraprojects's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹102 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VL Infraprojects's annualized ROC % for the quarter that ended in Mar. 2024 was 23.86%. VL Infraprojects's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 253.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VL Infraprojects's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.01%.

VL Infraprojects EBIT Historical Data

The historical data trend for VL Infraprojects'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.

VL Infraprojects EBIT Chart

VL Infraprojects Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
22.88 26.29 43.27 102.36

VL Infraprojects Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
EBIT - - - 50.64 51.72

Competitive Comparison of VL Infraprojects's EBIT

For the Engineering & Construction subindustry, VL Infraprojects'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.

VL Infraprojects's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, VL Infraprojects's EV-to-EBIT distribution charts can be found below:

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


;
;

VL Infraprojects 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 semi-annually data reported by the company within the most recent 12 months, which was ₹102 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.

VL Infraprojects  (NSE:VLINFRA) EBIT Explanation

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

VL Infraprojects'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=103.494 * ( 1 - 27.89% )/( (279.517 + 346.027)/ 2 )
=74.6295234/312.772
=23.86 %

where

Invested Capital(Q: Sep. 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))
=497.898 - 217.56 - ( 0.821 - max(0, 333.259 - 471.287+0.821))
=279.517

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))
=569.139 - 221.764 - ( 1.348 - max(0, 370.486 - 529.181+1.348))
=346.027

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

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

VL Infraprojects'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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=103.444/( ( (20.626 + max(13.944, 0)) + (39.781 + max(7.36, 0)) )/ 2 )
=103.444/( ( 34.57 + 47.141 )/ 2 )
=103.444/40.8555
=253.19 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.866 + 23.27 + 24.258) - (217.56 + 0 + 0.88999999999999)
=13.944

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(166.341 + 30.199 + 37.113) - (221.764 + 0 + 4.529)
=7.36

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

VL Infraprojects's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=102.358/929.332
=11.01 %

* 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.

VL Infraprojects EBIT Related Terms

Thank you for viewing the detailed overview of VL Infraprojects's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

VL Infraprojects Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » VL Infraprojects Ltd (NSE:VLINFRA) » Definitions » EBIT
Comparable Companies
BOM:530361 BOM:532629 NSE:RULKA NSE:SAIFL BOM:543375 BOM:522231 NSE:SKIL BOM:544259 BOM:544121 BOM:543410 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J XKRX:028260
Traded in Other Exchanges
N/A
Address
Near Vakil saheb Bridge Bopal, Office at 716, Shivalik Satyamev, Ahmedabad, GJ, IND, 380058
Website
https://www.vlil.in
VL Infraprojects Ltd provides designing, construction, and commissioning of various types of government projects especially in water infrastructure and irrigation segment. It is engaged in executing water supply and sewerage infrastructure projects mainly involving the procurement of pipes and their laying, joining, and commissioning with backward integration including all allied civil engineering works like construction of civil work, pumping stations and installation of electro-mechanical equipment's (pumping machinery) for distribution of water supply from the river to household. The company also provide operations & maintenance services for water distribution pipelines.

VL Infraprojects Headlines

No Headlines