IIFL Securities (BOM:542773) EBIT : ₹8,306 Mil (TTM As of Mar. 2024)

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What is IIFL Securities EBIT?

IIFL Securities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹2,914 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹8,306 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IIFL Securities's annualized ROC % for the quarter that ended in Mar. 2024 was 16.21%. IIFL Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 390.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IIFL Securities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 24.29%.

IIFL Securities EBIT Historical Data

The historical data trend for IIFL Securities'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.

IIFL Securities EBIT Chart

IIFL Securities Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

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3,993.85

3,269.61

4,820.48

4,164.28

8,306.28

IIFL Securities 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															1,385.42	1,234.70	1,696.68	2,460.98	2,913.92

Competitive Comparison of IIFL Securities's EBIT

For the Capital Markets subindustry, IIFL Securities'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.

IIFL Securities's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IIFL Securities's EV-to-EBIT distribution charts can be found below:

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

IIFL Securities 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 ₹8,306 Mil.

IIFL Securities (BOM:542773) EBIT Explanation

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

IIFL Securities'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 )
=	6744.092 * ( 1 - 23.95% )	/	( (0	+	31633.688)	/ 1 )
=	5128.881966	/	31633.688
=	16.21 %

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	))
=	78747.369	-	2438.34	-	( 44675.341	-	max(0, 2438.34	-	54846.862	+	44675.341	))
=	31633.688

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

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

IIFL Securities'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 )
=	11655.66	/	( ( (0 + max(0, 0))	+	(2985.16 + max(-1588.928, 0)) )	/	1 )
=	11655.66	/	( ( 0	+	2985.16 )	/	1 )
=	11655.66	/	2985.16
=	390.45 %

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)
=	(476.476	+	0	+	372.936)	-	(2438.34	+	0	+	0)
=	-1588.928

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:

IIFL Securities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	8306.275	/	34189.251
	=	24.29 %

IIFL Securities EBIT Related Terms

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IIFL Securities (BOM:542773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IIFL Securities Ltd (BOM:542773) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

IIFLSEC:India

Address

N. S. Phadke Marg, Ground Floor, Hubtown Solaris, Vijay Nagar, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.iiflsecurities.com

IIFL Securities Ltd offers a wide range of financial services. Its business segments consist of Capital market activity, Insurance Broking, Facilities and ancillary, and Others. The company's products include Non-Banking and Housing Finance, Wealth and Asset Management, Financial Advisory and Broking, Mutual Funds and Financial Product Distribution, Investment Banking, Institutional Equities, Realty Broking, and Advisory Services. It generates maximum revenue from the Capital market segment.

IIFL Securities (BOM:542773) Headlines

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