Tasty Bite Eatables EBIT margin
What is the EBIT margin of Tasty Bite Eatables?
The EBIT margin of Tasty Bite Eatables Limited is 5.08%
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 Consumer Staples sector on NSE compared to Tasty Bite Eatables
What does Tasty Bite Eatables do?
Tasty Bite Eatables Limited manufactures and sells ready-to-eat food, and formed frozen food and specialty sauces under the Tasty Bite brand name in India and internationally. The company offers rice, Indian entrées, Asian noodles, patties, appetizers, ready meals, and gravies and pastes, as well as specialty, emulsion, and tomato based sauces; and ingredients, such as basmati rice, black lentils, brown rice, cardamom, cashew nuts, chickpeas, cloves, coconut milk, coriander, and cumin. The company was incorporated in 1985 and is based in Pune, India. Tasty Bite Eatables Limited is a subsidiary of Preferred Brands Foods (India) Private Limited.
Companies with ebit margin similar to Tasty Bite Eatables
- Nandan Denim has EBIT margin of 5.06%
- Dürr AG has EBIT margin of 5.06%
- Kingfa Science & Technology (India) has EBIT margin of 5.06%
- Braime PLC has EBIT margin of 5.07%
- Leslie's has EBIT margin of 5.07%
- Torrid has EBIT margin of 5.08%
- Tasty Bite Eatables has EBIT margin of 5.08%
- Alleghany has EBIT margin of 5.08%
- Panama Petrochem has EBIT margin of 5.08%
- Country Condo'S has EBIT margin of 5.08%
- Appen has EBIT margin of 5.09%
- Kumulus Vape S.A has EBIT margin of 5.09%
- Gabriel India has EBIT margin of 5.09%