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Organic Recycling Systems (BOM:543997) EBIT : ₹79.8 Mil (TTM As of Mar. 2024)


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What is Organic Recycling Systems EBIT?

Organic Recycling Systems's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2024 was ₹49.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹79.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Organic Recycling Systems's annualized ROC % for the quarter that ended in Mar. 2024 was 10.00%. Organic Recycling Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Organic Recycling Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.75%.


Organic Recycling Systems EBIT Historical Data

The historical data trend for Organic Recycling Systems'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.

Organic Recycling Systems EBIT Chart

Organic Recycling Systems Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
-196.54 -30.58 -37.31 65.36 79.78

Organic Recycling Systems Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24
EBIT Get a 7-Day Free Trial - - - 30.66 49.13

Competitive Comparison of Organic Recycling Systems's EBIT

For the Waste Management subindustry, Organic Recycling Systems'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.


Organic Recycling Systems's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Organic Recycling Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Organic Recycling Systems's EV-to-EBIT falls into.



Organic Recycling Systems 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 semi-annually data reported by the company within the most recent 12 months, which was ₹79.8 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.


Organic Recycling Systems  (BOM:543997) EBIT Explanation

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

Organic Recycling Systems'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: Sep. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=93.418 * ( 1 - -24.59% )/( (1136.334 + 1191.844)/ 2 )
=116.3894862/1164.089
=10.00 %

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))
=1708.506 - 64.864 - ( 507.308 - max(0, 192.368 - 905.897+507.308))
=1136.334

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))
=1350.438 - 76.652 - ( 81.942 - max(0, 188.836 - 500.877+81.942))
=1191.844

Note: The Operating Income data used here is two times the semi-annual (Mar. 2024) data.

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

Organic Recycling Systems'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: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=98.258/( ( (569.409 + max(215.168, 0)) + (585.545 + max(238.815, 0)) )/ 2 )
=98.258/( ( 784.577 + 824.36 )/ 2 )
=98.258/804.4685
=12.21 %

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)
=(297.541 + 14.717 + 69.099) - (64.864 + 0 + 101.325)
=215.168

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(354.31 + 11.667 + 43.315) - (76.652 + 0 + 93.825)
=238.815

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

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

Organic Recycling Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=79.784/2127.163
=3.75 %

* 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.


Organic Recycling Systems EBIT Related Terms

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Organic Recycling Systems (BOM:543997) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 9, Sector-17, Office No. 1003, 10th Floor, The Affaires, Sanpada, Navi Mumbai, MH, IND, 400705
Organic Recycling Systems Ltd is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain. The company has been a forerunner in providing sustainable waste management solutions in India. It primarily focuses on developing robust, cost-effective & environment-friendly technologies that are simple to operate. It has proven technology and capability of successfully running one of India's first Waste to Energy (WTE) plants developed on anaerobic bio methanation technology. It has also set up an MSW processing and disposal plant in Solapur, Maharashtra to convert Municipal Solid Waste (MSW) into electricity and compost.

Organic Recycling Systems (BOM:543997) Headlines

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