Elnet Technologies (BOM:517477) EBIT : ₹177.7 Mil (TTM As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Elnet Technologies EBIT?

Elnet Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹57.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹177.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Elnet Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was 18.93%. Elnet Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 105.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Elnet Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 66.70%.

Elnet Technologies EBIT Historical Data

The historical data trend for Elnet 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.

Elnet Technologies EBIT Chart

Elnet Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

155.38

170.21

174.38

193.18

241.93

Elnet Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															51.37	46.26	55.14	64.81	57.74

Competitive Comparison of Elnet Technologies's EBIT

For the Real Estate - Diversified subindustry, Elnet 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.

Elnet Technologies's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elnet Technologies's EV-to-EBIT distribution charts can be found below:

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

Elnet 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.

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 ₹177.7 Mil.

Elnet Technologies (BOM:517477) EBIT Explanation

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

Elnet Technologies'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 )
=	136.544 * ( 1 - 27.64% )	/	( (0	+	521.95)	/ 1 )
=	98.8032384	/	521.95
=	18.93 %

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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	1590.736	-	4.54	-	( 1163.66	-	max(0, 131.048	-	1195.294	+	1163.66	))
=	521.95

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

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

Elnet Technologies'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 )
=	230.952	/	( ( (0 + max(0, 0))	+	(218.557 + max(-56.78, 0)) )	/	1 )
=	230.952	/	( ( 0	+	218.557 )	/	1 )
=	230.952	/	218.557
=	105.67 %

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)
=	(25.287	+	0	+	6.347)	-	(4.54	+	0	+	83.874)
=	-56.78

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	177.684	/	266.376
	=	66.70 %

Elnet Technologies EBIT Related Terms

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

Elnet Technologies (BOM:517477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Elnet Technologies Ltd (BOM:517477) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajiv Gandhi Salai, Elnet Software City, TS 140, Block Number 2 and 9, Taramani, Chennai, TN, IND, 600 113

Website

http://www.elnettechnologies.com

Elnet Technologies Ltd is engaged in providing infrastructure to Software and Business Process Outsourcing Industries. It also provides renting of office space. The company operates in developing and managing Software Technology Park in India. In addition, the firm provides infrastructure for the information technology (IT) and IT-enabled service (ITES) industry. It operates in the segment of Developing and maintaining integrated software technology parks. Geographically, the group has a business presence in India.

Elnet Technologies (BOM:517477) Headlines

No Headlines