GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pearl Global Industries Ltd (BOM:532808) » Definitions » EBIT

Pearl Global Industries (BOM:532808) EBIT : ₹2,754 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Pearl Global Industries EBIT?

Pearl Global Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹768 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹2,754 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pearl Global Industries's annualized ROC % for the quarter that ended in Mar. 2024 was 20.22%. Pearl Global Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 33.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pearl Global Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.17%.


Pearl Global Industries EBIT Historical Data

The historical data trend for Pearl Global Industries'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.

Pearl Global Industries EBIT Chart

Pearl Global Industries 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 669.27 460.08 1,208.58 2,410.28 2,753.73

Pearl Global Industries 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 722.69 773.64 691.85 520.43 767.81

Competitive Comparison of Pearl Global Industries's EBIT

For the Apparel Manufacturing subindustry, Pearl Global Industries'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.


Pearl Global Industries's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Pearl Global Industries's EV-to-EBIT falls into.



Pearl Global Industries 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 ₹2,754 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.


Pearl Global Industries  (BOM:532808) EBIT Explanation

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

Pearl Global Industries'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 )
=2503.296 * ( 1 - 9.96% )/( (0 + 11148.588)/ 1 )
=2253.9677184/11148.588
=20.22 %

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))
=19854.628 - 4935.406 - ( 3770.634 - max(0, 8831.077 - 12789.395+3770.634))
=11148.588

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

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

Pearl Global Industries'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 )
=3071.232/( ( (0 + max(0, 0)) + (5657.994 + max(3536.419, 0)) )/ 1 )
=3071.232/( ( 0 + 9194.413 )/ 1 )
=3071.232/9194.413
=33.40 %

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)
=(2653.545 + 5027.312 + 1111.472) - (4935.406 + 0 + 320.504)
=3536.419

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:

Pearl Global Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=2753.729/30041.604
=9.17 %

* 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.


Pearl Global Industries EBIT Related Terms

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


Pearl Global Industries (BOM:532808) Business Description

Traded in Other Exchanges
Address
Pearl Tower, Plot No. 51, Sector - 32, Gurgaon, HR, IND, 122001
Pearl Global Industries Ltd is engaged in the manufacturing, sourcing, distribution, and export of ready-to-wear apparel through its domestic and global facilities and operations. The geographical segments of the company include Hong Kong, Bangladesh, India, and Others. The company earns majority of its revenue outside India. The company's product range comprises of knits, woven and bottoms across men, women, and kids wear segments.

Pearl Global Industries (BOM:532808) Headlines

No Headlines