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Avanti Feeds (BOM:512573) EBIT : ₹5,382 Mil (TTM As of Mar. 2024)


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What is Avanti Feeds EBIT?

Avanti Feeds's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹1,515 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5,382 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Avanti Feeds's annualized ROC % for the quarter that ended in Mar. 2024 was 25.80%. Avanti Feeds's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 49.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Avanti Feeds's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.44%.


Avanti Feeds EBIT Historical Data

The historical data trend for Avanti Feeds'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.

Avanti Feeds EBIT Chart

Avanti Feeds Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,858.47 5,105.58 3,245.63 4,288.04 5,381.63

Avanti Feeds 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,411.79 1,573.85 1,134.42 1,158.57 1,514.78

Competitive Comparison of Avanti Feeds's EBIT

For the Packaged Foods subindustry, Avanti Feeds'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.


Avanti Feeds's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Avanti Feeds's EV-to-EBIT distribution charts can be found below:

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



Avanti Feeds 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 ₹5,382 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.


Avanti Feeds  (BOM:512573) EBIT Explanation

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

Avanti Feeds'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 )
=4601.56 * ( 1 - 25.31% )/( (0 + 13323.566)/ 1 )
=3436.905164/13323.566
=25.80 %

where

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))
=30981.922 - 3212.754 - ( 14445.602 - max(0, 3504.947 - 25047.18+14445.602))
=13323.566

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

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

Avanti Feeds'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 )
=6059.136/( ( (0 + max(0, 0)) + (5052.902 + max(7087.982, 0)) )/ 1 )
=6059.136/( ( 0 + 12140.884 )/ 1 )
=6059.136/12140.884
=49.91 %

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)
=(1434.196 + 8863.363 + 288.007) - (3212.754 + 0 + 284.83)
=7087.982

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:

Avanti Feeds's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=5381.629/57037.441
=9.44 %

* 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.


Avanti Feeds EBIT Related Terms

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Avanti Feeds (BOM:512573) Business Description

Traded in Other Exchanges
Address
G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad, TG, IND, 500082
Avanti Feeds Ltd is an Indian company which is engaged in the manufacturing of prawn and fish feeds and shrimp processor. The company's operating segments include Shrimp Feed, Shrimp Hatchery and Wind Mills. It generates maximum revenue from the Shrimp Feed segment. Geographically, it derives a majority of its revenue from India and also has a presence in the USA and the Rest of the world. Its product includes prawn feed, scampi feed, and fish feed.

Avanti Feeds (BOM:512573) Headlines

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