GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gokaldas Exports Ltd (BOM:532630) » Definitions » EBIT

Gokaldas Exports (BOM:532630) EBIT : ₹1,953 Mil (TTM As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Gokaldas Exports EBIT?

Gokaldas Exports's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹626 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,953 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gokaldas Exports's annualized ROC % for the quarter that ended in Mar. 2024 was 10.17%. Gokaldas Exports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gokaldas Exports's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.05%.


Gokaldas Exports EBIT Historical Data

The historical data trend for Gokaldas Exports'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.

Gokaldas Exports EBIT Chart

Gokaldas Exports 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 626.03 550.62 1,572.39 2,301.08 1,953.34

Gokaldas Exports 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 581.91 486.96 350.44 490.12 625.82

Competitive Comparison of Gokaldas Exports's EBIT

For the Apparel Manufacturing subindustry, Gokaldas Exports'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.


Gokaldas Exports's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gokaldas Exports's EV-to-EBIT distribution charts can be found below:

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



Gokaldas Exports 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 ₹1,953 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.


Gokaldas Exports  (BOM:532630) EBIT Explanation

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

Gokaldas Exports'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 )
=2230.924 * ( 1 - -3.14% )/( (0 + 22630.349)/ 1 )
=2300.9750136/22630.349
=10.17 %

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))
=27411.189 - 1840.55 - ( 2940.29 - max(0, 10133.068 - 13865.997+2940.29))
=22630.349

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

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

Gokaldas Exports'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 )
=2503.272/( ( (0 + max(0, 0)) + (6769.058 + max(4626.584, 0)) )/ 1 )
=2503.272/( ( 0 + 11395.642 )/ 1 )
=2503.272/11395.642
=21.97 %

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)
=(3525.249 + 6036.023 + 1364.435) - (1840.55 + 0 + 4458.573)
=4626.584

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:

Gokaldas Exports's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=1953.343/64101.535
=3.05 %

* 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.


Gokaldas Exports EBIT Related Terms

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


Gokaldas Exports (BOM:532630) Business Description

Traded in Other Exchanges
Address
No. 25, Second Cross, Third Main, Industrial Suburb, Yeshwantpur, Bangalore, KA, IND, 560 022
Gokaldas Exports Ltd is a manufacturer and exporter of apparel in India. Its principal business activities include the design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several international fashion brands and retailers. The company mainly operates in two geographical areas - India and the rest of the world. Its principal source of revenue for the company is the export of garments and related products.

Gokaldas Exports (BOM:532630) Headlines

No Headlines