State Trading of India (BOM:512531) EBIT : ₹532.58 Mil (TTM As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is State Trading of India EBIT?

State Trading of India's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹164.01 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹532.58 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. State Trading of India's annualized ROC % for the quarter that ended in Mar. 2024 was -0.82%. State Trading of India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. State Trading of India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.20%.

State Trading of India EBIT Historical Data

The historical data trend for State Trading of India'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.

State Trading of India EBIT Chart

State Trading of India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

-1,140.00

-502.50

-414.38

379.47

532.58

State Trading of India 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															134.05	49.72	180.13	138.72	164.01

Competitive Comparison of State Trading of India's EBIT

For the Conglomerates subindustry, State Trading of India'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.

State Trading of India's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, State Trading of India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where State Trading of India's EV-to-EBIT falls into.

State Trading of India 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 ₹532.58 Mil.

State Trading of India (BOM:512531) EBIT Explanation

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

State Trading of India'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 )
=	-496.3 * ( 1 - 2.08% )	/	( (59489.851	+	59071.089)	/ 2 )
=	-485.97696	/	59280.47
=	-0.82 %

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	))
=	24024.677	-	11188.399	-	( 3800.974	-	max(0, 70678.25	-	24024.677	+	3800.974	))
=	59489.851

	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	))
=	23927.181	-	11188.689	-	( 3804.343	-	max(0, 70259.778	-	23927.181	+	3804.343	))
=	59071.089

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

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

State Trading of India'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 )
=	656.024	/	( ( (0 + max(-30996.613, 0))	+	(0 + max(-30678.015, 0)) )	/	2 )
=	656.024	/	( ( 0	+	0 )	/	2 )
=	656.024	/	0
=	%

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)
=	(10697.996	+	0.488	+	9170.559)	-	(11188.399	+	0	+	39677.257)
=	-30996.613

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(10696.049	+	0.47	+	9072.65)	-	(11188.689	+	0	+	39258.495)
=	-30678.015

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:

State Trading of India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	532.575	/	24162.251
	=	2.20 %

State Trading of India EBIT Related Terms

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

State Trading of India (BOM:512531) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » State Trading Corp of India Ltd (BOM:512531) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

STCINDIA:India

Address

Tolstoy Marg, Jawahar Vyapar Bhawan, New Delhi, IND, 110 001

Website

http://www.stclimited.co.in

State Trading Corp of India Ltd is an India-based company. It has identified its operating segments as Exports, Imports, and Domestic. The company also undertakes import and export of bulk commodities such as rice, wheat, sugar, pulses, edible oils, fertilizers, coal, and bullion, among others; and import of mass consumption items like wheat, sugar, and pulses, among others. Geographically all the business activity is primarily functioned through the region of India and derives the majority of revenue from the imports segment.

State Trading of India (BOM:512531) Headlines

No Headlines