ITD Cementation India's gross profit for the
three
months ended in Mar. 2024 was ₹7,544 Mil. ITD Cementation India's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹27,067 Mil.
ITD Cementation India Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.2%.
ITD Cementation India Gross Profit Historical Data
The historical data trend for ITD Cementation India's Gross Profit 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.
Competitive Comparison of ITD Cementation India's Gross Profit
For the Engineering & Construction subindustry, ITD Cementation India's Gross Profit, along with its competitors' market caps and Gross Profit 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.
ITD Cementation India's Gross Profit Distribution in the Construction Industry
For the Construction industry and Industrials sector, ITD Cementation India's Gross Profit distribution charts can be found below:
* The bar in red indicates where ITD Cementation India's Gross Profit falls into.
ITD Cementation India Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
ITD Cementation India's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹27,067 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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 positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
ITD Cementation India (BOM:509496) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
ITD Cementation India had a gross margin of 33.41% for the quarter that ended in Mar. 2024 => Competition eroding margins
ITD Cementation India Gross Profit Related Terms
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ITD Cementation India (BOM:509496) Business Description
ITD Cementation India Ltd is an India-based company involved in construction and civil engineering. It is engaged in the construction of a range of structures, which include maritime structures, mass rapid transport systems (MRTS), dams and tunnels, airports, highways, bridges and flyovers, and other foundations and specialist engineering work. The company's revenue comes from construction and civil engineering activities. The company's operational areas include maritime structures, such as the construction of jetties, dolphins, quays, berths on concrete and steel piles, ship lift, dry dock, wet basic and service platforms, dredging, and reclamation works for ports, and construction of ship lift and among others.
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