India Nippon Electricals (BOM:532240) EBIT : ₹762 Mil (TTM As of Mar. 2024)

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What is India Nippon Electricals EBIT?

India Nippon Electricals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹261 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹762 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. India Nippon Electricals's annualized ROC % for the quarter that ended in Mar. 2024 was 11.21%. India Nippon Electricals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 49.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. India Nippon Electricals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.15%.

India Nippon Electricals EBIT Historical Data

The historical data trend for India Nippon Electricals'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.

India Nippon Electricals EBIT Chart

India Nippon Electricals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EBIT

Get a 7-Day Free Trial

734.18

510.92

619.70

608.40

761.70

India Nippon Electricals 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															161.30	117.70	208.90	174.10	261.00

Competitive Comparison of India Nippon Electricals's EBIT

For the Auto Parts subindustry, India Nippon Electricals'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.

India Nippon Electricals's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, India Nippon Electricals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where India Nippon Electricals's EV-to-EBIT falls into.

India Nippon Electricals 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 ₹762 Mil.

India Nippon Electricals (BOM:532240) EBIT Explanation

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

India Nippon Electricals'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 )
=	711.6 * ( 1 - 21.49% )	/	( (0	+	4981.7)	/ 1 )
=	558.67716	/	4981.7
=	11.21 %

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	))
=	8370.3	-	1382.1	-	( 2006.5	-	max(0, 1703.4	-	4279.3	+	2006.5	))
=	4981.7

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

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

India Nippon Electricals'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 )
=	1044	/	( ( (0 + max(0, 0))	+	(1547.9 + max(577.6, 0)) )	/	1 )
=	1044	/	( ( 0	+	2125.5 )	/	1 )
=	1044	/	2125.5
=	49.12 %

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)
=	(1417.5	+	691.7	+	163.6)	-	(1382.1	+	0	+	313.1)
=	577.6

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:

India Nippon Electricals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	761.7	/	12394.291
	=	6.15 %

India Nippon Electricals EBIT Related Terms

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India Nippon Electricals (BOM:532240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » India Nippon Electricals Ltd (BOM:532240) » Definitions » EBIT

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INDNIPPON:India

Address

No. 11 and 13, (Old No. 6 and 7) Patullos Road, Chennai, TN, IND, 600002

Website

https://www.indianippon.com

India Nippon Electricals Ltd is an India based company, engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, and rotor products, as well as CDI and TCI products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of revenue from India.

India Nippon Electricals (BOM:532240) Headlines

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