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Olectra Greentech (NSE:OLECTRA) Gross-Profit-to-Asset % : 21.40% (As of Mar. 2024)


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What is Olectra Greentech 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. Olectra Greentech's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹3,400 Mil. Olectra Greentech's average Total Assets over the quarter that ended in Mar. 2024 was ₹15,886 Mil. Therefore, Olectra Greentech's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 21.40%.


Olectra Greentech Gross-Profit-to-Asset % Historical Data

The historical data trend for Olectra Greentech'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.

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Olectra Greentech Gross-Profit-to-Asset % Chart

Olectra Greentech 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 6.74 7.81 14.25 19.79 20.98

Olectra Greentech 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 23.17 18.38 19.85 23.80 21.40

Competitive Comparison of Olectra Greentech's Gross-Profit-to-Asset %

For the Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.


Olectra Greentech's Gross-Profit-to-Asset % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Olectra Greentech's Gross-Profit-to-Asset % falls into.



Olectra Greentech Gross-Profit-to-Asset % Calculation

Olectra Greentech'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 )
=3299.11/( (15568.986+15885.77)/ 2 )
=3299.11/15727.378
=20.98 %

Olectra Greentech'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 )
=3400.268/( (0+15885.77)/ 1 )
=3400.268/15885.77
=21.40 %

* 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.


Olectra Greentech Gross-Profit-to-Asset % Related Terms

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Olectra Greentech (NSE:OLECTRA) Business Description

Traded in Other Exchanges
Address
Technocrat Industrial Estate Balanagar, S-22, 2nd and 3rd Floor, Hyderabad, TG, IND, 500037
Olectra Greentech Ltd is engaged in the manufacturing of Polymer Insulators, Electric Trucks and Electric Buses in India. The company's operating segment includes the Insulator, Electric Trucks, and Electric Bus segment. It generates maximum revenue from the Electric Bus segment.

Olectra Greentech (NSE:OLECTRA) Headlines

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