Binani Industries EBITDA
What is the EBITDA of Binani Industries?
The EBITDA of Binani Industries Limited is -₨33.64
What is the definition of EBITDA?
EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
ttm (trailing twelve months)
Although EBITDA is not a financial measure recognized in generally accepted accounting principles, it is widely used in many areas of finance when assessing the performance of a company, such as securities analysis. It is intended to allow a comparison of profitability between different companies, by discounting the effects of interest payments from different forms of financing (by ignoring interest payments), political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill). EBITDA is a financial measurement of cash flow from operations that is widely used in mergers and acquisitions of small businesses and businesses in the middle market. It is not unusual for adjustments to be made to EBITDA to normalize the measurement allowing buyers to compare the performance of one business to another.
EBITDA of companies in the Materials sector on NSE compared to Binani Industries
What does Binani Industries do?
Binani Industries Limited, through its subsidiaries, provides media and publication services in India and internationally. It operates through Media, Logistics, Zinc and by Products, Glass Fiber, and Other Products segments. The company publishes a portfolio of trade journals, which provide information on the happenings in the metals, construction, and infrastructure industries, such as Minerals and Metals Review, a monthly magazine; Minerals and Metals Review Weekly, a tabloid that provides weekly wrap-up and updates on metal and market prices, trade intelligence, crucial industry issues, and news; Metals Today Daily, a daily electronic newsletter; and Construction Industry Review, a weekly tabloid, as well as organizes trade events, seminars, workshops, conferences, and exhibitions. It also trades in shares and securities; and offers ordinary Portland cement, Pozzolona Portland cement, and ground granulated blast-furnace slag, as well as develops and supplies fiberglass products and technologies for the reinforcement of thermoplastics and thermosets, and high-grade glass fiber. In addition, the company provides engineering, procurement, and construction services; consultancy and engineering services; and manufacturing services. Further, it is also involved in infrastructure activities; provision of manpower management services; and mining of minerals, as well as provides zinc and metals allied products. Binani Industries Limited was founded in 1872 and is based in Mumbai, India.
Companies with ebitda similar to Binani Industries
- Probe Metals has EBITDA of -CAD$34.00
- Cel-Sci has EBITDA of -$33.97
- ShiFang has EBITDA of -¥33.82
- McDowell has EBITDA of -₨33.81
- Proofpoint Inc has EBITDA of -$33.79
- Cardinal Resources has EBITDA of -AUD$33.64
- Binani Industries has EBITDA of -₨33.64
- WANdisco Plc has EBITDA of -$33.59
- China Touyun Tech has EBITDA of -HKD$33.57
- Metro Mining has EBITDA of -AUD$33.54
- Rekor Systems Inc has EBITDA of -$33.53
- The Original BARK has EBITDA of -$33.53
- GenSight Biologics S.A has EBITDA of -€33.47