Metroglobal EBIT margin
What is the EBIT margin of Metroglobal?
The EBIT margin of Metroglobal Limited is 5.01%
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 BSE compared to Metroglobal
What does Metroglobal do?
MetroGlobal Limited operates in the dyes and dyes intermediates manufacturing, infrastructure and reality, and trading and finance businesses in India. The company trades in basic and specialty chemicals, dye intermediates, solvents, mineral ores, textile fabrics, ferrous and non-ferrous metals, and plastic granules, as well as precious metals, including silver and gold. It also develops residential buildings, row houses, commercial complexes, shopping malls, sheds, plots, and godowns. The company was formerly known as Global Boards Limited and changed its name to MetroGlobal Limited in September 2011. MetroGlobal Limited was incorporated in 1992 and is headquartered in Ahmedabad, India.
Companies with ebit margin similar to Metroglobal
- Apollo Sindoori Hotels has EBIT margin of 4.99%
- JK Tyre & Industries has EBIT margin of 4.99%
- ITD Cementation India has EBIT margin of 4.99%
- D-Link (India) has EBIT margin of 4.99%
- Huami Corp has EBIT margin of 4.99%
- Kesoram Industries has EBIT margin of 5.01%
- Metroglobal has EBIT margin of 5.01%
- Thangamayil Jewellery has EBIT margin of 5.01%
- 8K Miles Software Services has EBIT margin of 5.01%
- Axway Software SA has EBIT margin of 5.02%
- Umiya Tubes has EBIT margin of 5.02%
- Welspun India has EBIT margin of 5.02%
- Alps Alpine Co has EBIT margin of 5.03%