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Wise Travel India (NSE:WTICAB) EBIT : ₹341 Mil (TTM As of Sep. 2024)


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What is Wise Travel India EBIT?

Wise Travel India's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2024 was ₹170 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₹341 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wise Travel India's annualized ROC % for the quarter that ended in Sep. 2024 was 29.81%. Wise Travel India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 45.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wise Travel India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.12%.


Wise Travel India EBIT Historical Data

The historical data trend for Wise Travel India'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.

Wise Travel India EBIT Chart

Wise Travel India Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EBIT
27.28 54.22 144.87 337.05

Wise Travel India Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
EBIT Get a 7-Day Free Trial - - 166.18 170.88 170.30

Competitive Comparison of Wise Travel India's EBIT

For the Rental & Leasing Services subindustry, Wise Travel India'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.


Wise Travel India's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wise Travel India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wise Travel India's EV-to-EBIT falls into.


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Wise Travel India 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹341 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.


Wise Travel India  (NSE:WTICAB) EBIT Explanation

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

Wise Travel India's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=469.724 * ( 1 - 26.78% )/( (850.319 + 1457.404)/ 2 )
=343.9319128/1153.8615
=29.81 %

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))
=2426.533 - 608.707 - ( 967.507 - max(0, 769.591 - 1969.767+967.507))
=850.319

Invested Capital(Q: Sep. 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))
=2961.528 - 682.206 - ( 821.918 - max(0, 994.299 - 2017.534+821.918))
=1457.404

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

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

Wise Travel India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=340.604/( ( (228.652 + max(387.482, 0)) + (531.997 + max(354.303, 0)) )/ 2 )
=340.604/( ( 616.134 + 886.3 )/ 2 )
=340.604/751.217
=45.34 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(856.963 + 0 + 142.258) - (608.707 + 0 + 3.032)
=387.482

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1096.425 + 0 + 9.6849999999999) - (682.206 + 0 + 69.601)
=354.303

When net working capital is negative, 0 is used.

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

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

Wise Travel India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=341.181/3371.826
=10.12 %

* 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.


Wise Travel India EBIT Related Terms

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Wise Travel India Business Description

Traded in Other Exchanges
N/A
Address
D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka, GJ, IND, 110075
Wise Travel India Ltd is a transportation service provider company. It offers services like Car Rental Services, Employee Transportation Services, End-to-End Employee Transport Solutions (MSP), Flexible Fixed/Monthly Rental Plans, Convenient Airport Counters, Fleet Management Services, Mobility Services for MICE, Cutting-Edge Mobility Tech Solutions, Sustainable Mobility, etc.

Wise Travel India Headlines

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