Adinath Exim Resources (BOM:532056) EBIT : ₹7.41 Mil (TTM As of Mar. 2024)

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What is Adinath Exim Resources EBIT?

Adinath Exim Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹1.94 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹7.41 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Adinath Exim Resources's annualized ROC % for the quarter that ended in Mar. 2024 was 2.86%. Adinath Exim Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3,091.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Adinath Exim Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.66%.

Adinath Exim Resources EBIT Historical Data

The historical data trend for Adinath Exim Resources'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.

Adinath Exim Resources EBIT Chart

Adinath Exim Resources Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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4.71

6.50

7.55

6.79

7.41

Adinath Exim Resources 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															2.10	1.81	1.93	1.73	1.94

Competitive Comparison of Adinath Exim Resources's EBIT

For the Credit Services subindustry, Adinath Exim Resources'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.

Adinath Exim Resources's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Adinath Exim Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Adinath Exim Resources's EV-to-EBIT falls into.

Adinath Exim Resources 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 ₹7.41 Mil.

Adinath Exim Resources (BOM:532056) EBIT Explanation

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

Adinath Exim Resources'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 )
=	7.76 * ( 1 - 25.15% )	/	( (0	+	203.359)	/ 1 )
=	5.80836	/	203.359
=	2.86 %

where

	Invested Capital		(Q: Dec. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	203.545	-	0.003	-	( 0.183	-	max(0, 0.003	-	126.399	+	0.183	))
=	203.359

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

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

Adinath Exim Resources'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 )
=	7.76	/	( ( (0 + max(0, 0))	+	(0.113 + max(0.13799999999999, 0)) )	/	1 )
=	7.76	/	( ( 0	+	0.25099999999999 )	/	1 )
=	7.76	/	0.25099999999999
=	3,091.63 %

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)
=	(0	+	0	+	0.14099999999999)	-	(0.003	+	0	+	0)
=	0.13799999999999

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:

Adinath Exim Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	7.41	/	96.694
	=	7.66 %

Adinath Exim Resources EBIT Related Terms

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Adinath Exim Resources (BOM:532056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Adinath Exim Resources Ltd (BOM:532056) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Opposite Iskon Mandir, Near Casalla Tower, 601, Astron Tower, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.adinatheximresources.com

Adinath Exim Resources Ltd is a non-banking finance company. It is engaged in the business of financing and investment. The company also finances all types of lease operations.

Adinath Exim Resources (BOM:532056) Headlines

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