The most profitable industries in India in 2018

This post presents aggregated analysis of the most and least profitable industries in India in 2018. Profitability is described by different accounting metrics, each one with its own merits and drawbacks. EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) is useful when comparing companies within a sector where some participants might have made recent investments compared to others who been around a long time. It inflates profitability for companies that aggressively capitalise costs. EBIT (Earnings before Interest and Taxes) ignores the composition of capital structure i.e. extent of Debt involved (like EBITDA). Useful in comparing across industries which might have different tax

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