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Vivid Global Industries (BOM:524576) Gross Profit : ₹57.9 Mil (TTM As of Dec. 2023)


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What is Vivid Global Industries Gross Profit?

Vivid Global Industries's gross profit for the three months ended in Dec. 2023 was ₹24.2 Mil. Vivid Global Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹57.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vivid Global Industries's gross profit for the three months ended in Dec. 2023 was ₹24.2 Mil. Vivid Global Industries's Revenue for the three months ended in Dec. 2023 was ₹90.6 Mil. Therefore, Vivid Global Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 26.70%.

Vivid Global Industries had a gross margin of 26.70% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Vivid Global Industries was 19.68%. The lowest was 13.74%. And the median was 17.60%.

Warning Sign:

Vivid Global Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


Vivid Global Industries Gross Profit Historical Data

The historical data trend for Vivid Global 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.

Vivid Global Industries Gross Profit Chart

Vivid Global Industries 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 110.84 91.85 81.41 89.61 54.53

Vivid Global Industries 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 20.97 -9.11 18.38 24.46 24.19

Competitive Comparison of Vivid Global Industries's Gross Profit

For the Specialty Chemicals subindustry, Vivid Global 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.


Vivid Global Industries's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vivid Global Industries's Gross Profit distribution charts can be found below:

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



Vivid Global Industries Gross Profit Calculation

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

Vivid Global Industries'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
=359.702 - 305.168
=54.5

Vivid Global Industries's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=90.602 - 66.408
=24.2

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 ₹57.9 Mil.

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

Vivid Global Industries'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
=24.2 / 90.602
=26.70 %

* 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.


Vivid Global Industries  (BOM:524576) 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

Vivid Global Industries had a gross margin of 26.70% for the quarter that ended in Dec. 2023 => Competition eroding margins


Vivid Global Industries Gross Profit Related Terms

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Vivid Global Industries (BOM:524576) Business Description

Traded in Other Exchanges
N/A
Address
C/o. Sumichem Corporation, Sir. P.M. Road, 1-D, Dhannur Building, Fort, Mumbai, MH, IND, 400 001
Vivid Global Industries Ltd is engaged in the business of production of dye intermediates which include Tobias Acid, Sulpho Tobias Acid, and N-Methyl and J. Acid. Its only business segment includes dye intermediates and dyes. Reactive Dyes products include Reactive High Exhaust (He) Dyes, and Reactive Mild Exhaust (Me Dyes) (Bifunctional Dyes). The Direct and Acid Dyes include Direct Blacks, Blues, Greens, Reds, Violets, Oranges, Browns, and Yellow. Geographically, it derives a majority of its revenue from the Local Business.

Vivid Global Industries (BOM:524576) Headlines

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