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HariOm Pipe Industries (BOM:543517) Gross-Profit-to-Asset % : 34.19% (As of Mar. 2024)


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What is HariOm Pipe Industries Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. HariOm Pipe Industries's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹3,010 Mil. HariOm Pipe Industries's average Total Assets over the quarter that ended in Mar. 2024 was ₹8,802 Mil. Therefore, HariOm Pipe Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 34.19%.


HariOm Pipe Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for HariOm Pipe Industries's Gross-Profit-to-Asset % 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.

HariOm Pipe Industries Gross-Profit-to-Asset % Chart

HariOm Pipe Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 57.70 51.87 71.65 39.06 33.58

HariOm Pipe Industries Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.03 34.27 31.07 29.84 34.19

Competitive Comparison of HariOm Pipe Industries's Gross-Profit-to-Asset %

For the Steel subindustry, HariOm Pipe Industries's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HariOm Pipe Industries's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, HariOm Pipe Industries's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where HariOm Pipe Industries's Gross-Profit-to-Asset % falls into.



HariOm Pipe Industries Gross-Profit-to-Asset % Calculation

HariOm Pipe Industries's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=2668.768/( (7091.845+8802.424)/ 2 )
=2668.768/7947.1345
=33.58 %

HariOm Pipe Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3009.876/( (0+8802.424)/ 1 )
=3009.876/8802.424
=34.19 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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HariOm Pipe Industries (BOM:543517) Business Description

Traded in Other Exchanges
Address
Samarpan Lane, Plot 3-4-174/12/2, 1st Floor, Besides Spencer’s, Pillar No. 125, Attapur, Hyderabad, TG, IND, 500 048
HariOm Pipe Industries Ltd is a premium manufacturer of iron and steel products. The products are used in industries such as housing, infrastructure, agriculture, automotive solar, fabrication, and engineering.

HariOm Pipe Industries (BOM:543517) Headlines

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