Vinyas Innovative Technologies (NSE:VINYAS) EBIT : ₹ Mil (TTM As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Vinyas Innovative Technologies EBIT?

Vinyas Innovative Technologies's earnings before interest and taxes (EBIT) for the six months ended in Mar. 2023 was ₹189 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vinyas Innovative Technologies's annualized ROC % for the quarter that ended in Mar. 2023 was 9.30%. Vinyas Innovative Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 19.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Vinyas Innovative Technologies EBIT Historical Data

The historical data trend for Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies EBIT Chart

Vinyas Innovative Technologies Annual Data

Trend

Mar21

Mar22

Mar23

EBIT

90.27

124.63

189.50

Vinyas Innovative Technologies Semi-Annual Data
	Mar21	Mar22	Mar23
EBIT	90.27	124.63	189.50

Competitive Comparison of Vinyas Innovative Technologies's EBIT

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinyas Innovative Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vinyas Innovative Technologies's EV-to-EBIT falls into.

Vinyas Innovative Technologies 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹ Mil.

Vinyas Innovative Technologies (NSE:VINYAS) EBIT Explanation

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

Vinyas Innovative Technologies's annualized ROC % for the quarter that ended in Mar. 2023 is calculated as:

	ROC % (Q: Mar. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2022 )	+	Invested Capital (Q: Mar. 2023 ))	/ count )
=	203.343 * ( 1 - 27.22% )	/	( (1530.852	+	1651.109)	/ 2 )
=	147.9930354	/	1590.9805
=	9.30 %

where

	Invested Capital		(Q: Mar. 2022 )
=	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	))
=	2214.904	-	618.396	-	( 65.656	-	max(0, 1670.936	-	1826.504	+	65.656	))
=	1530.852

	Invested Capital		(Q: Mar. 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	))
=	2159.864	-	464.177	-	( 44.578	-	max(0, 1501.587	-	1756.423	+	44.578	))
=	1651.109

Note: The Operating Income data used here is one times the annual (Mar. 2023) data.

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

Vinyas Innovative Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2022		Q: Mar. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	189.498	/	( ( (149.493 + max(824.712, 0))	+	(162.554 + max(831.405, 0)) )	/	2 )
=	189.498	/	( ( 974.205	+	993.959 )	/	2 )
=	189.498	/	984.082
=	19.26 %

where Working Capital is:

	Working Capital		(Q: Mar. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(570.718	+	1125.999	+	62.621)	-	(618.396	+	0	+	316.23)
=	824.712

	Working Capital		(Q: Mar. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(209.511	+	1067.991	+	387.795)	-	(464.177	+	0	+	369.715)
=	831.405

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

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

Vinyas Innovative Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2023 )
	=		/	11230.858
	=	%

Vinyas Innovative Technologies EBIT Related Terms

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

Vinyas Innovative Technologies (NSE:VINYAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinyas Innovative Technologies Ltd (NSE:VINYAS) » Definitions » EBIT

Traded in Other Exchanges

N/A

Address

Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018

Website

https://www.vinyasit.com

Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

Vinyas Innovative Technologies (NSE:VINYAS) Headlines

No Headlines