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Asian Tea & Exports (BOM:519532) Gross Profit : ₹6.1 Mil (TTM As of Dec. 2023)


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What is Asian Tea & Exports Gross Profit?

Asian Tea & Exports's gross profit for the three months ended in Dec. 2023 was ₹4.3 Mil. Asian Tea & Exports's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹6.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Asian Tea & Exports's gross profit for the three months ended in Dec. 2023 was ₹4.3 Mil. Asian Tea & Exports's Revenue for the three months ended in Dec. 2023 was ₹92.1 Mil. Therefore, Asian Tea & Exports's Gross Margin % for the quarter that ended in Dec. 2023 was 4.71%.

Asian Tea & Exports had a gross margin of 4.71% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Asian Tea & Exports was 14.26%. The lowest was 1.80%. And the median was 7.43%.

Warning Sign:

Asian Tea & Exports Ltd gross margin has been in long-term decline. The average rate of decline per year is -19.4%.


Asian Tea & Exports Gross Profit Historical Data

The historical data trend for Asian Tea & Exports'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.

Asian Tea & Exports Gross Profit Chart

Asian Tea & Exports 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 202.35 327.83 96.01 55.20 17.59

Asian Tea & Exports 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 6.27 -0.99 4.48 -1.69 4.34

Competitive Comparison of Asian Tea & Exports's Gross Profit

For the Food Distribution subindustry, Asian Tea & Exports'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.


Asian Tea & Exports's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Asian Tea & Exports's Gross Profit distribution charts can be found below:

* The bar in red indicates where Asian Tea & Exports's Gross Profit falls into.



Asian Tea & Exports Gross Profit Calculation

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

Asian Tea & Exports'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
=336.06 - 318.473
=17.6

Asian Tea & Exports's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=92.107 - 87.766
=4.3

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 ₹6.1 Mil.

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

Asian Tea & Exports'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
=4.3 / 92.107
=4.71 %

* 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.


Asian Tea & Exports  (BOM:519532) 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

Asian Tea & Exports had a gross margin of 4.71% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Asian Tea & Exports Gross Profit Related Terms

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Asian Tea & Exports (BOM:519532) Business Description

Traded in Other Exchanges
N/A
Address
4/1, Middleton Street, 5th Floor, Sikkim Commerce House, Kolkata, WB, IND, 700071
Asian Tea & Exports Ltd is an India-based company engaged in the trading, and exports of tea, fibre boards, elevators, yellow peas, rice, and pulses. The company caters to both domestic and international markets. It generates a vast majority of the revenue from sales of pulses domestically.

Asian Tea & Exports (BOM:519532) Headlines

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