Zenith Birla (India) EBIT margin
What is the EBIT margin of Zenith Birla (India)?
The EBIT margin of Zenith Birla (India) Limited is -23.36%
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 Industrials sector on NSE compared to Zenith Birla (India)
What does Zenith Birla (India) do?
Zenith Birla (India) Limited manufactures and sells steel pipes in India. Its products include electric resistance welded black, galvanized, and helical submerged arc welded pipes. The company's products are used for various applications, such as agriculture and irrigation water distribution, space frame, fence, transportation of raw and potable water, sprinkler, firefighting system, industrial general engineering, pole, piling, drill rod, chilled water system, container making, transmission tower, ash/slurry transportation, bore-well, structural scaffolding and prop, transportation of oil and gas, electricity conduit, construction water distribution, green house, crude, transportation of sewage disposal irrigation, and oil sector distribution of gas, as well as auto industry. It also exports its products to 79 countries. Zenith Birla (India) Limited was incorporated in 1960 and is based in Mumbai, India.
Companies with ebit margin similar to Zenith Birla (India)
- eve Sleep plc has EBIT margin of -23.49%
- EMX Royalty Corp has EBIT margin of -23.48%
- Ping An Healthcare and Technology has EBIT margin of -23.46%
- Ping An Healthcare and Technology has EBIT margin of -23.46%
- Liveperson Inc has EBIT margin of -23.45%
- Shiloh Industries has EBIT margin of -23.38%
- Zenith Birla (India) has EBIT margin of -23.36%
- Cherry Hill Mortgage Investment has EBIT margin of -23.33%
- Airgain Inc has EBIT margin of -23.30%
- ARSS Infrastructure Projects has EBIT margin of -23.22%
- Shriram Asset Management has EBIT margin of -23.22%
- Immunogen has EBIT margin of -23.20%
- Harborside has EBIT margin of -23.16%