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Shanthi Gears (NSE:SHANTIGEAR) Gross-Profit-to-Asset % : 72.10% (As of Mar. 2024)


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What is Shanthi Gears 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. Shanthi Gears's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹3,192 Mil. Shanthi Gears's average Total Assets over the quarter that ended in Mar. 2024 was ₹4,428 Mil. Therefore, Shanthi Gears's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 72.10%.


Shanthi Gears Gross-Profit-to-Asset % Historical Data

The historical data trend for Shanthi Gears'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.

Shanthi Gears Gross-Profit-to-Asset % Chart

Shanthi Gears 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 35.52 32.28 45.23 64.38 68.09

Shanthi Gears 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 68.20 68.16 66.00 59.77 72.10

Competitive Comparison of Shanthi Gears's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Shanthi Gears'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.


Shanthi Gears's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanthi Gears's Gross-Profit-to-Asset % distribution charts can be found below:

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



Shanthi Gears Gross-Profit-to-Asset % Calculation

Shanthi Gears'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 )
=2794.2/( (3779+4428)/ 2 )
=2794.2/4103.5
=68.09 %

Shanthi Gears'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 )
=3192.4/( (0+4428)/ 1 )
=3192.4/4428
=72.10 %

* 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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Shanthi Gears (NSE:SHANTIGEAR) Business Description

Traded in Other Exchanges
Address
304-A, Trichy Road, Singanallur, Coimbatore, TN, IND, 641005
Shanthi Gears Ltd is an India based company, engages in the design, manufacture, supply, and servicing of gears and gearboxes. It offers standard worm gearboxes; helical and bevel helical gearboxes; geared motors; cooling tower, extruder, and rolling mill gearboxes; and textile gears and gear assemblies. Geographically the company caters its services to both domestic and overseas market.

Shanthi Gears (NSE:SHANTIGEAR) Headlines

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