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Bhakti Gems and Jewellery (BOM:540545) Gross Profit : ₹30.8 Mil (TTM As of Dec. 2023)


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What is Bhakti Gems and Jewellery Gross Profit?

Bhakti Gems and Jewellery's gross profit for the three months ended in Dec. 2023 was ₹7.6 Mil. Bhakti Gems and Jewellery's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹30.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bhakti Gems and Jewellery's gross profit for the three months ended in Dec. 2023 was ₹7.6 Mil. Bhakti Gems and Jewellery's Revenue for the three months ended in Dec. 2023 was ₹306.3 Mil. Therefore, Bhakti Gems and Jewellery's Gross Margin % for the quarter that ended in Dec. 2023 was 2.50%.

Bhakti Gems and Jewellery had a gross margin of 2.50% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Bhakti Gems and Jewellery was 4.08%. The lowest was 1.54%. And the median was 2.54%.


Bhakti Gems and Jewellery Gross Profit Historical Data

The historical data trend for Bhakti Gems and Jewellery'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.

Bhakti Gems and Jewellery Gross Profit Chart

Bhakti Gems and Jewellery 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 10.62 12.91 12.40 13.48 39.86

Bhakti Gems and Jewellery Quarterly Data
Sep18 Mar19 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 11.92 14.14 6.16 2.85 7.65

Competitive Comparison of Bhakti Gems and Jewellery's Gross Profit

For the Luxury Goods subindustry, Bhakti Gems and Jewellery'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.


Bhakti Gems and Jewellery's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bhakti Gems and Jewellery's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bhakti Gems and Jewellery's Gross Profit falls into.



Bhakti Gems and Jewellery Gross Profit Calculation

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

Bhakti Gems and Jewellery'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
=1029.122 - 989.265
=39.9

Bhakti Gems and Jewellery's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=306.319 - 298.673
=7.6

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 ₹30.8 Mil.

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

Bhakti Gems and Jewellery'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
=7.6 / 306.319
=2.50 %

* 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.


Bhakti Gems and Jewellery  (BOM:540545) 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

Bhakti Gems and Jewellery had a gross margin of 2.50% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Bhakti Gems and Jewellery Gross Profit Related Terms

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Bhakti Gems and Jewellery (BOM:540545) Business Description

Traded in Other Exchanges
N/A
Address
C G Road, Ahmedabad Ashram Road, FF/02, 413/1 Kalp BhaktiHouse, Near NarayanSociety, Behind Axis Bank, Ahmedabad, GJ, IND, 380009
Bhakti Gems and Jewellery Ltd is a manufacturer, wholesaler and supplier of gold jewellery. It focuses on traditional Indian jewellery including handmade gold jewellery studded with precious and semi-precious stones such as diamond, ruby, and cubic zirconia. Some of its products are rings, chains, toe rings, earrings, anklets, and pendants, among others.

Bhakti Gems and Jewellery (BOM:540545) Headlines

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