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Shyam Metalics and Energy (BOM:543299) EBIT : ₹7,875 Mil (TTM As of Mar. 2024)


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What is Shyam Metalics and Energy EBIT?

Shyam Metalics and Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹3,534 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹7,875 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Shyam Metalics and Energy's annualized ROC % for the quarter that ended in Mar. 2024 was 7.49%. Shyam Metalics and Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 17.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Shyam Metalics and Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.25%.


Shyam Metalics and Energy EBIT Historical Data

The historical data trend for Shyam Metalics and Energy'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.

Shyam Metalics and Energy EBIT Chart

Shyam Metalics and Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial 3,562.70 10,987.70 23,797.60 11,300.80 10,730.80

Shyam Metalics and Energy Quarterly Data
Mar17 Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1,278.60 3,135.90 1,688.30 2,652.20 3,534.00

Competitive Comparison of Shyam Metalics and Energy's EBIT

For the Steel subindustry, Shyam Metalics and Energy'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.


Shyam Metalics and Energy's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shyam Metalics and Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shyam Metalics and Energy's EV-to-EBIT falls into.



Shyam Metalics and Energy 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 ₹7,875 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.


Shyam Metalics and Energy  (BOM:543299) EBIT Explanation

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

Shyam Metalics and Energy'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 )
=12093.2 * ( 1 - 33.9% )/( (0 + 106762.5)/ 1 )
=7993.6052/106762.5
=7.49 %

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))
=144238.3 - 23787 - ( 13688.8 - max(0, 36729.9 - 50883+13688.8))
=106762.5

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

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

Shyam Metalics and Energy'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 )
=14136/( ( (0 + max(0, 0)) + (76630.5 + max(3616, 0)) )/ 1 )
=14136/( ( 0 + 80246.5 )/ 1 )
=14136/80246.5
=17.62 %

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)
=(7078.8 + 21679 + 8390.9) - (23787 + 0 + 9745.7)
=3616

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:

Shyam Metalics and Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=7874.5/150067.187
=5.25 %

* 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.


Shyam Metalics and Energy EBIT Related Terms

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Shyam Metalics and Energy (BOM:543299) Business Description

Traded in Other Exchanges
Address
83, Topsia Road, Trinity Tower, 7th Floor, Kolkata, WB, IND, 700046
Shyam Metalics and Energy Ltd is an integrated metal producer company. It is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. The company generates the majority of its revenue from India. The group revenue from the Sale of Manufactured Products, Sale of Services, Sale of Traded Goods, and Sale of Power, with the majority being generated from the sale of manufactured products.

Shyam Metalics and Energy (BOM:543299) Headlines

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