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Pennar Industries (BOM:513228) Gross Profit : ₹11,929 Mil (TTM As of Mar. 2024)


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What is Pennar Industries Gross Profit?

Pennar Industries's gross profit for the three months ended in Mar. 2024 was ₹3,045 Mil. Pennar Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹11,929 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pennar Industries's gross profit for the three months ended in Mar. 2024 was ₹3,045 Mil. Pennar Industries's Revenue for the three months ended in Mar. 2024 was ₹8,228 Mil. Therefore, Pennar Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 37.01%.

Pennar Industries had a gross margin of 37.01% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Pennar Industries was 38.14%. The lowest was 21.16%. And the median was 26.59%.


Pennar Industries Gross Profit Historical Data

The historical data trend for Pennar Industries'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.

Pennar Industries Gross Profit Chart

Pennar Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,617.90 3,962.70 8,641.60 10,932.20 11,928.50

Pennar 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 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 2,634.00 2,841.90 3,115.30 2,926.10 3,045.20

Competitive Comparison of Pennar Industries's Gross Profit

For the Specialty Industrial Machinery subindustry, Pennar Industries'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.


Pennar Industries's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pennar Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pennar Industries's Gross Profit falls into.



Pennar Industries Gross Profit Calculation

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

Pennar Industries's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=31305.7 - 19377.2
=11,929

Pennar Industries's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=8228 - 5182.8
=3,045

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 ₹11,929 Mil.

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

Pennar Industries's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,045 / 8228
=37.01 %

* 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.


Pennar Industries  (BOM:513228) 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

Pennar Industries had a gross margin of 37.01% for the quarter that ended in Mar. 2024 => Competition eroding margins


Pennar Industries Gross Profit Related Terms

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Pennar Industries (BOM:513228) Business Description

Traded in Other Exchanges
Address
DHFLVC Silicon Towers, Kondapur, Floor Number 3, Hyderabad, TG, IND, 500084
Pennar Industries Ltd provides engineering products and services. The company's operating segment includes Diversified Engineering and Custom designed building solutions and auxiliaries. It generates maximum revenue from Diversified Engineering segment. Geographically, it derives a majority of revenue from India. The company serves Infrastructure, Automobiles, Power, General Engineering, Building and Construction, Refineries, and other sectors. Its product portfolio includes Cold Rolled Steel Strips, Precision Tubes, Railway wagons/Coaches, Pre-Engineered Building Systems, Solar module mounting structures, and Photo Voltaic panels, Sheet Metal Components, Hydraulic Cylinders, Road Safety Systems, Water and Sewage treatment solutions, and Desalination projects.

Pennar Industries (BOM:513228) Headlines

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