Indus Dyeing & Manufacturing Co (KAR:IDYM) EBIT : ₨8,313 Mil (TTM As of Mar. 2024)

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

What is Indus Dyeing & Manufacturing Co EBIT?

Indus Dyeing & Manufacturing Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₨1,105 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₨8,313 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Indus Dyeing & Manufacturing Co's annualized ROC % for the quarter that ended in Mar. 2024 was 5.05%. Indus Dyeing & Manufacturing Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Indus Dyeing & Manufacturing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.79%.

Indus Dyeing & Manufacturing Co EBIT Historical Data

The historical data trend for Indus Dyeing & Manufacturing Co'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.

Indus Dyeing & Manufacturing Co EBIT Chart

Indus Dyeing & Manufacturing Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EBIT

Get a 7-Day Free Trial

3,281.65

2,240.38

5,506.99

12,314.64

6,540.21

Indus Dyeing & Manufacturing Co 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															1,263.10	2,755.38	2,771.08	1,681.73	1,104.85

Competitive Comparison of Indus Dyeing & Manufacturing Co's EBIT

For the Textile Manufacturing subindustry, Indus Dyeing & Manufacturing Co'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.

Indus Dyeing & Manufacturing Co's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Indus Dyeing & Manufacturing Co's EV-to-EBIT falls into.

Indus Dyeing & Manufacturing Co 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 ₨8,313 Mil.

Indus Dyeing & Manufacturing Co (KAR:IDYM) EBIT Explanation

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

Indus Dyeing & Manufacturing Co'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 )
=	4671.948 * ( 1 - 16.35% )	/	( (77417.531	+	77438.224)	/ 2 )
=	3908.084502	/	77427.8775
=	5.05 %

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	))
=	85945.219	-	6474.21	-	( 2053.478	-	max(0, 31279.361	-	48027.355	+	2053.478	))
=	77417.531

	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	))
=	87442.325	-	8228.641	-	( 1775.46	-	max(0, 33132.158	-	48368.377	+	1775.46	))
=	77438.224

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

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

Indus Dyeing & Manufacturing Co'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 )
=	4419.416	/	( ( (37807.422 + max(37415.846, 0))	+	(38575.505 + max(36406.597, 0)) )	/	2 )
=	4419.416	/	( ( 75223.268	+	74982.102 )	/	2 )
=	4419.416	/	75102.685
=	5.88 %

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)
=	(17010.239	+	26935.712	+	1028.549)	-	(6474.21	+	0	+	1084.444)
=	37415.846

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(16837.611	+	27865.158	+	1068.835)	-	(8228.641	+	0	+	1136.366)
=	36406.597

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:

Indus Dyeing & Manufacturing Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	8313.041	/	49498.167
	=	16.79 %

Indus Dyeing & Manufacturing Co EBIT Related Terms

Thank you for viewing the detailed overview of Indus Dyeing & Manufacturing Co's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Indus Dyeing & Manufacturing Co (KAR:IDYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Indus Dyeing & Manufacturing Co Ltd (KAR:IDYM) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beaumont Road, Civil Lines Quarters, Office No. 508, 5th Floor, Beaumont Plaza, Karachi, SD, PAK, 75530

Website

https://www.indus-group.com

Indus Dyeing & Manufacturing Co Ltd is engaged in the textile industry. The company's core business is the manufacturing and sale of yarn. It has five yarn manufacturing units located in Hyderabad, Karachi, and Muzaffargarh, Faisalabad and Lahore. It manufactures a variety of ring-spun yarns. Its products include regular carded and combed yarns, siro yarn, melange, core-spun yarns, slub, zero twist, bamboo/cotton blends, and compact yarn among others.

Indus Dyeing & Manufacturing Co (KAR:IDYM) Headlines

No Headlines