SRG Housing Finance (BOM:534680) EBIT : ₹253 Mil (TTM As of Dec. 2023)

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What is SRG Housing Finance EBIT?

SRG Housing Finance's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₹63 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹253 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SRG Housing Finance's annualized ROC % for the quarter that ended in Dec. 2023 was 3.52%. SRG Housing Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 104.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SRG Housing Finance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.20%.

SRG Housing Finance EBIT Historical Data

The historical data trend for SRG Housing Finance'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.

SRG Housing Finance EBIT Chart

SRG Housing Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EBIT

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194.65

228.11

239.72

256.54

217.94

SRG Housing Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															33.64	75.92	58.31	55.86	63.35

Competitive Comparison of SRG Housing Finance's EBIT

For the Mortgage Finance subindustry, SRG Housing Finance'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.

SRG Housing Finance's EV-to-EBIT Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SRG Housing Finance's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SRG Housing Finance's EV-to-EBIT falls into.

SRG Housing Finance 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹253 Mil.

SRG Housing Finance (BOM:534680) EBIT Explanation

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

SRG Housing Finance's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	253.388 * ( 1 - 20.59% )	/	( (5712.76	+	0)	/ 1 )
=	201.2154108	/	5712.76
=	3.52 %

where

	Invested Capital		(Q: Sep. 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	))
=	6073.437	-	49.712	-	( 310.965	-	max(0, 49.712	-	5377.404	+	310.965	))
=	5712.76

	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

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

SRG Housing Finance's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	253.388	/	( ( (242.585 + max(-25.354, 0))	+	(0 + max(0, 0)) )	/	1 )
=	253.388	/	( ( 242.585	+	0 )	/	1 )
=	253.388	/	242.585
=	104.45 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	24.358)	-	(49.712	+	0	+	0)
=	-25.354

	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

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

SRG Housing Finance's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	253.446	/	7925.279
	=	3.20 %

SRG Housing Finance EBIT Related Terms

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SRG Housing Finance (BOM:534680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SRG Housing Finance Ltd (BOM:534680) » Definitions » EBIT

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Traded in Other Exchanges

SRGHFL:India

Address

No. 12, Opposite Paras JK Hospital, Shobhagpura, Udaipur, RJ, IND, 313001

Website

https://www.srghousing.com

SRG Housing Finance Ltd is an India-based housing finance company. The company is principally engaged in the housing and mortgage finance business. The company offers home loans for construction, additions, alterations, and repair and renovation purposes. The products and services offered by the company include individual home loans; loans against the property; and builder/project loans. Geographically, it operates within the regions of India.

SRG Housing Finance (BOM:534680) Headlines

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