Shree Cement EBIT margin
What is the EBIT margin of Shree Cement?
The EBIT margin of Shree Cement Limited is 10.81%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Materials sector on NSE compared to Shree Cement
What does Shree Cement do?
Shree Cement Limited manufactures and sells cement and clinker in India and internationally. It offers cement under the Roofon, Bangur Power, Shree Jung Rodhak, Bangur Cement, and Rockstrong brand names. The company also engages in the generation of power with a total capacity of 771 megawatts through thermal, waste heat recovery, solar, and wind power plants. Further, it produces autoclaved aerated concrete blocks, a lightweight and precast building material. Shree Cement Limited was incorporated in 1979 and is based in Kolkata, India.
Companies with ebit margin similar to Shree Cement
- Delta Air Lines has EBIT margin of 10.79%
- Orange has EBIT margin of 10.79%
- Orange SA has EBIT margin of 10.79%
- Alankit has EBIT margin of 10.80%
- Vital Farms has EBIT margin of 10.80%
- Fabrinet has EBIT margin of 10.80%
- Shree Cement has EBIT margin of 10.81%
- JSW Steel has EBIT margin of 10.81%
- Jagsonpal Pharmaceuticals has EBIT margin of 10.82%
- LCNB Corp has EBIT margin of 10.82%
- Usana Health Sciences Inc has EBIT margin of 10.83%
- Tyson Foods has EBIT margin of 10.83%
- Integer Corp has EBIT margin of 10.83%