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VRL Logistics (NSE:VRLLOG) EBIT : ₹1,989 Mil (TTM As of Mar. 2024)


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What is VRL Logistics EBIT?

VRL Logistics's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹509 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,989 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VRL Logistics's annualized ROC % for the quarter that ended in Mar. 2024 was 5.86%. VRL Logistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VRL Logistics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.33%.


VRL Logistics EBIT Historical Data

The historical data trend for VRL Logistics'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.

VRL Logistics EBIT Chart

VRL Logistics 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 1,410.09 1,003.57 2,467.62 2,568.56 1,988.64

VRL Logistics 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 735.06 618.82 461.14 399.99 508.69

Competitive Comparison of VRL Logistics's EBIT

For the Trucking subindustry, VRL Logistics'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.


VRL Logistics's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, VRL Logistics's EV-to-EBIT distribution charts can be found below:

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



VRL Logistics 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 ₹1,989 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.


VRL Logistics  (NSE:VRLLOG) EBIT Explanation

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

VRL Logistics'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 )
=1882.22 * ( 1 - 26.01% )/( (0 + 23763.537)/ 1 )
=1392.654578/23763.537
=5.86 %

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))
=22139.636 - 152.569 - ( 320.105 - max(0, 3864.512 - 2088.042+320.105))
=23763.537

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

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

VRL Logistics'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 )
=2034.76/( ( (0 + max(0, 0)) + (19228.943 + max(591.11, 0)) )/ 1 )
=2034.76/( ( 0 + 19820.053 )/ 1 )
=2034.76/19820.053
=10.27 %

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)
=(884.874 + 411.91 + 471.153) - (152.569 + 0 + 1024.258)
=591.11

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:

VRL Logistics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1988.638/59716.540
=3.33 %

* 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.


VRL Logistics EBIT Related Terms

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VRL Logistics (NSE:VRLLOG) Business Description

Traded in Other Exchanges
Address
Circuit House Road, Giriraj Annexe, Hubballi, KA, IND, 580 029
VRL Logistics Ltd is engaged in the business of logistics services dealing mainly with goods and passenger transportation. The company operates through four segments namely, Goods transport, Bus operations, Sale of power and Transport of passengers by air. Its Goods transport segment, which generates key revenue for the company, uses a range of road transportation solutions for the customers, including less than full truckload and full truckload. It also does courier business for the transportation of small parcels and documents using a range of multi-model solutions. The Bus operations division offers services of transportation solutions through Buses. Geographically the group derives prime revenue from India.

VRL Logistics (NSE:VRLLOG) Headlines

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