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Indian Renewable Energy Development Agency (BOM:544026) COGS-to-Revenue : -0.22 (As of Mar. 2024)


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What is Indian Renewable Energy Development Agency COGS-to-Revenue?

Indian Renewable Energy Development Agency's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹-2,828 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹13,036 Mil.

Indian Renewable Energy Development Agency's COGS to Revenue for the three months ended in Mar. 2024 was -0.22.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Indian Renewable Energy Development Agency's Gross Margin % for the three months ended in Mar. 2024 was 121.69%.

Indian Renewable Energy Development Agency COGS-to-Revenue Historical Data

The historical data trend for Indian Renewable Energy Development Agency's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Indian Renewable Energy Development Agency COGS-to-Revenue Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24
COGS-to-Revenue
0.28 0.27 0.37 0.43

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only -0.27 0.44 0.49 0.63 -0.22

Indian Renewable Energy Development Agency COGS-to-Revenue Calculation

Indian Renewable Energy Development Agency's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=20863.649 / 48380.942
=0.43

Indian Renewable Energy Development Agency's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=-2827.718 / 13035.602
=-0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indian Renewable Energy Development Agency  (BOM:544026) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Indian Renewable Energy Development Agency's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - -2827.718 / 13035.602
=121.69 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Indian Renewable Energy Development Agency (BOM:544026) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Renewable Energy Development Agency Ltd (BOM:544026) » Definitions » COGS-to-Revenue
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IREDA:India
Address
August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Website
https://www.ireda.in
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

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