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Teerth Gopicon (NSE:TGL) EBIT : ₹49.5 Mil (TTM As of Sep. 2023)


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What is Teerth Gopicon EBIT?

Teerth Gopicon's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2023 was ₹49.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹49.5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Teerth Gopicon's annualized ROC % for the quarter that ended in Sep. 2023 was 15.59%. Teerth Gopicon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 210.82%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Teerth Gopicon's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 0.65%.


Teerth Gopicon EBIT Historical Data

The historical data trend for Teerth Gopicon'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.

Teerth Gopicon EBIT Chart

Teerth Gopicon Annual Data
Trend Mar21 Mar22 Mar23
EBIT
6.72 3.18 26.17

Teerth Gopicon Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
EBIT - - - 49.49

Competitive Comparison of Teerth Gopicon's EBIT

For the Engineering & Construction subindustry, Teerth Gopicon'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.


Teerth Gopicon's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Teerth Gopicon's EV-to-EBIT distribution charts can be found below:

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



Teerth Gopicon 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹49.5 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.


Teerth Gopicon  (NSE:TGL) EBIT Explanation

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

Teerth Gopicon's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=98.742 * ( 1 - 27.82% )/( (285.317 + 629.278)/ 2 )
=71.2719756/457.2975
=15.59 %

where

Invested Capital(Q: Mar. 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))
=474.33 - 135.726 - ( 53.287 - max(0, 361.662 - 445.206+53.287))
=285.317

Invested Capital(Q: Sep. 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))
=754.13 - 103.284 - ( 21.568 - max(0, 602.937 - 681.715+21.568))
=629.278

Note: The Operating Income data used here is two times the semi-annual (Sep. 2023) data.

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

Teerth Gopicon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=98.982/( ( (11.845 + max(15.07, 0)) + (44.639 + max(22.346, 0)) )/ 2 )
=98.982/( ( 26.915 + 66.985 )/ 2 )
=98.982/46.95
=210.82 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(190.613 + 93.358 + 87.328) - (135.726 + 0 + 220.503)
=15.07

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(123.184 + 272.716 + 201.067) - (103.284 + 0 + 471.337)
=22.346

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Teerth Gopicon's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=49.491/7591.449
=0.65 %

* 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.


Teerth Gopicon EBIT Related Terms

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Teerth Gopicon Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
204 Amar Metro, Near BalniketanSangh Pagnis Paga, Pagnispaga, Indore, MP, IND, 452007
Teerth Gopicon Ltd an engineering construction and development company. It is engaged primarily in the range of civil engineering projects like building construction work, water supply, pipeline, sewerage network, sewerage treatment plant, nalla tapping work, Re-use network, Over Head Tanks, GSR, Road work, Rejuvenation of Lake etc. in the Madhya Pradesh.

Teerth Gopicon Headlines

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