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Godavari Drugs (BOM:530317) Gross Profit : ₹335 Mil (TTM As of Dec. 2023)


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What is Godavari Drugs Gross Profit?

Godavari Drugs's gross profit for the three months ended in Dec. 2023 was ₹88 Mil. Godavari Drugs's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹335 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Godavari Drugs's gross profit for the three months ended in Dec. 2023 was ₹88 Mil. Godavari Drugs's Revenue for the three months ended in Dec. 2023 was ₹431 Mil. Therefore, Godavari Drugs's Gross Margin % for the quarter that ended in Dec. 2023 was 20.38%.

Godavari Drugs had a gross margin of 20.38% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Godavari Drugs was 87.88%. The lowest was 12.64%. And the median was 21.65%.

Warning Sign:

Godavari Drugs Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


Godavari Drugs Gross Profit Historical Data

The historical data trend for Godavari Drugs'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.

Godavari Drugs Gross Profit Chart

Godavari Drugs 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 186.33 190.27 260.82 306.51 315.67

Godavari Drugs 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 70.54 85.51 73.52 87.86 87.85

Competitive Comparison of Godavari Drugs's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Godavari Drugs'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.


Godavari Drugs's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Godavari Drugs's Gross Profit distribution charts can be found below:

* The bar in red indicates where Godavari Drugs's Gross Profit falls into.



Godavari Drugs Gross Profit Calculation

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

Godavari Drugs'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
=1596.248 - 1280.577
=316

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=431.105 - 343.258
=88

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 ₹335 Mil.

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

Godavari Drugs'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
=88 / 431.105
=20.38 %

* 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.


Godavari Drugs  (BOM:530317) 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

Godavari Drugs had a gross margin of 20.38% for the quarter that ended in Dec. 2023 => Competition eroding margins


Godavari Drugs Gross Profit Related Terms

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Godavari Drugs (BOM:530317) Business Description

Traded in Other Exchanges
N/A
Address
Sardar Patel Road, 1-8-303/34, Mayfair, 1st Floor, Secunderabad, TG, IND, 500 003
Godavari Drugs Ltd is an India-based pharmaceutical company. It is principally engaged in the business activity of manufacturing pharmaceutical drugs. The firm's product includes Ciprofloxacin Lactate IH, A D Lactone, Ciprofloxacin Betaine, Enrofloxacin USP/EP/BP/IP, and Others. The company operates only one segment which is the manufacture and sale of Active Pharmaceutical Ingredients (API) and its intermediates.

Godavari Drugs (BOM:530317) Headlines

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