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Jai Balaji Industries (NSE:JAIBALAJI) Gross-Profit-to-Asset % : 78.28% (As of Mar. 2024)


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What is Jai Balaji 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. Jai Balaji Industries's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹26,259 Mil. Jai Balaji Industries's average Total Assets over the quarter that ended in Mar. 2024 was ₹33,545 Mil. Therefore, Jai Balaji Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 78.28%.


Jai Balaji Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Jai Balaji 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.

Jai Balaji Industries Gross-Profit-to-Asset % Chart

Jai Balaji Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.31 15.59 32.59 45.09 71.90

Jai Balaji Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.95 68.54 67.87 70.41 78.28

Competitive Comparison of Jai Balaji Industries's Gross-Profit-to-Asset %

For the Steel subindustry, Jai Balaji 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.


Jai Balaji Industries's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

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



Jai Balaji Industries Gross-Profit-to-Asset % Calculation

Jai Balaji 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 )
=22701.611/( (29598.967+33544.934)/ 2 )
=22701.611/31571.9505
=71.90 %

Jai Balaji 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 )
=26258.972/( (0+33544.934)/ 1 )
=26258.972/33544.934
=78.28 %

* 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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Jai Balaji Industries (NSE:JAIBALAJI) Business Description

Traded in Other Exchanges
Address
5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001
Jai Balaji Industries Ltd is an India based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.

Jai Balaji Industries (NSE:JAIBALAJI) Headlines

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