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Suryalata Spinning Mills (BOM:514138) EBIT : ₹321 Mil (TTM As of Mar. 2024)


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What is Suryalata Spinning Mills EBIT?

Suryalata Spinning Mills's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹97 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹321 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Suryalata Spinning Mills's annualized ROC % for the quarter that ended in Mar. 2024 was 6.36%. Suryalata Spinning Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 10.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Suryalata Spinning Mills's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.29%.


Suryalata Spinning Mills EBIT Historical Data

The historical data trend for Suryalata Spinning Mills'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.

Suryalata Spinning Mills EBIT Chart

Suryalata Spinning Mills 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 308.21 355.56 687.14 520.50 321.40

Suryalata Spinning Mills 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 131.90 74.10 84.20 65.90 97.20

Competitive Comparison of Suryalata Spinning Mills's EBIT

For the Textile Manufacturing subindustry, Suryalata Spinning Mills'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.


Suryalata Spinning Mills's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Suryalata Spinning Mills's EV-to-EBIT falls into.



Suryalata Spinning Mills 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 ₹321 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.


Suryalata Spinning Mills  (BOM:514138) EBIT Explanation

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

Suryalata Spinning Mills'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 )
=362 * ( 1 - 31.86% )/( (0 + 3879.9)/ 1 )
=246.6668/3879.9
=6.36 %

where

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

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

Suryalata Spinning Mills'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 )
=388.8/( ( (0 + max(0, 0)) + (3119.3 + max(422.9, 0)) )/ 1 )
=388.8/( ( 0 + 3542.2 )/ 1 )
=388.8/3542.2
=10.98 %

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)
=(224.2 + 247.8 + 143.1) - (25.9 + 0 + 166.3)
=422.9

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:

Suryalata Spinning Mills's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=321.4/2615.438
=12.29 %

* 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.


Suryalata Spinning Mills EBIT Related Terms

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Suryalata Spinning Mills (BOM:514138) Business Description

Traded in Other Exchanges
N/A
Address
105, Sardar Patel Road, Surya Towers, 1st Floor, Secunderabad, TG, IND, 500003
Suryalata Spinning Mills Ltd operates in the Textile division. It is engaged in producing different Synthetic Yarns like 100% Polyester (PSF) Yarns, 100% Viscose (VSF) Yarns, PSF & VSF Blended Yarns and Value Added Yarns suitable for suiting, shirting, and knitting. Further, the company is also involved in the manufacturing of specialized yarns like Slub Yarns, Fancy Yarns, and Micro Yarns.

Suryalata Spinning Mills (BOM:514138) Headlines

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