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Sahara Housingfina (BOM:511533) Gross Profit : ₹31.69 Mil (TTM As of Dec. 2023)


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What is Sahara Housingfina Gross Profit?

Sahara Housingfina's gross profit for the three months ended in Dec. 2023 was ₹7.97 Mil. Sahara Housingfina's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹31.69 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sahara Housingfina's gross profit for the three months ended in Dec. 2023 was ₹7.97 Mil. Sahara Housingfina's Revenue for the three months ended in Dec. 2023 was ₹24.52 Mil. Therefore, Sahara Housingfina's Gross Margin % for the quarter that ended in Dec. 2023 was 32.50%.

Sahara Housingfina had a gross margin of 32.50% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sahara Housingfina was 37.51%. The lowest was 15.48%. And the median was 28.09%.


Sahara Housingfina Gross Profit Historical Data

The historical data trend for Sahara Housingfina'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.

* Premium members only.

Sahara Housingfina Gross Profit Chart

Sahara Housingfina Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.28 30.52 46.86 42.39 27.82

Sahara Housingfina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 8.07 3.51 9.98 10.24 7.97

Competitive Comparison of Sahara Housingfina's Gross Profit

For the Mortgage Finance subindustry, Sahara Housingfina'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.


Sahara Housingfina's Gross Profit Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sahara Housingfina's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sahara Housingfina's Gross Profit falls into.



Sahara Housingfina Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Sahara Housingfina's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=99.015 - 71.2
=27.82

Sahara Housingfina's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=24.521 - 16.551
=7.97

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹31.69 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Sahara Housingfina's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.97 / 24.521
=32.50 %

* 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.


Sahara Housingfina  (BOM:511533) 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

Sahara Housingfina had a gross margin of 32.50% for the quarter that ended in Dec. 2023 => Competition eroding margins


Sahara Housingfina Gross Profit Related Terms

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Sahara Housingfina (BOM:511533) Business Description

Traded in Other Exchanges
N/A
Address
46, Dr. Sundari Mohan Avenue, Kolkata, WB, IND, 700014
Sahara Housingfina Corp Ltd is an Indian company engaged in carrying out activities of housing finance companies (Housing Loans and Non-Housing Loan). Its product portfolio includes Individual Housing Loans, Home Improvement Loans, Home Extension loans, Land Loans, Home Loan Plus, Mortgage Loans, Non-Residential Property Loans, Home Loan Enhancement, and Loan Take Over / Balance Transfer. The Company is exclusively engaged in the Housing Finance business and revenues are mainly derived from this activity. The Company's main business is financing by way of loans for the purchase or construction of residential houses, commercial real estate or certain other purposes, in India.

Sahara Housingfina (BOM:511533) Headlines

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