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NINtec Systems (BOM:539843) Gross Profit : ₹186.8 Mil (TTM As of Sep. 2023)


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What is NINtec Systems Gross Profit?

NINtec Systems's gross profit for the six months ended in Sep. 2023 was ₹118.8 Mil. NINtec Systems's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₹186.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NINtec Systems's gross profit for the six months ended in Sep. 2023 was ₹118.8 Mil. NINtec Systems's Revenue for the six months ended in Sep. 2023 was ₹279.5 Mil. Therefore, NINtec Systems's Gross Margin % for the quarter that ended in Sep. 2023 was 42.50%.

NINtec Systems had a gross margin of 42.50% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of NINtec Systems was 41.39%. The lowest was 17.53%. And the median was 31.25%.


NINtec Systems Gross Profit Historical Data

The historical data trend for NINtec Systems'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.

NINtec Systems Gross Profit Chart

NINtec Systems Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only 19.97 23.07 54.83 112.43 300.69

NINtec Systems Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 34.09 44.42 68.00 118.79 -

Competitive Comparison of NINtec Systems's Gross Profit

For the Information Technology Services subindustry, NINtec Systems'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.


NINtec Systems's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, NINtec Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where NINtec Systems's Gross Profit falls into.



NINtec Systems Gross Profit Calculation

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

NINtec Systems'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
=830.461 - 529.772
=300.7

NINtec Systems's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=279.493 - 160.699
=118.8

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹186.8 Mil.

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

NINtec Systems's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=118.8 / 279.493
=42.50 %

* 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.


NINtec Systems  (BOM:539843) 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

NINtec Systems had a gross margin of 42.50% for the quarter that ended in Sep. 2023 => Durable competitive advantage


NINtec Systems Gross Profit Related Terms

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NINtec Systems (BOM:539843) Business Description

Traded in Other Exchanges
Address
S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd is an offshore software development services and solutions company. The firm is involved in computer programming, consultancy, and related activities. The company provides services like Application Development and Maintenance, Strategic Offshore Software Product Development, Legacy System Development and Software Migration, and Search Engine Optimization. The firm specializes in areas of Dot Net Development, Game Development, PHP Development, ERP Wireless, Mobile and WAP Development. The group has also integrated cloud services into its existing business platform. The company serves industries such as Automotive, Print media and Publishing, Banking, Financial Services, and Insurance, and Transportation and Logistics sector.

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