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Sanginita Chemicals (NSE:SANGINITA) Gross Profit : ₹69 Mil (TTM As of Sep. 2023)


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What is Sanginita Chemicals Gross Profit?

Sanginita Chemicals's gross profit for the three months ended in Sep. 2023 was ₹25 Mil. Sanginita Chemicals's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₹69 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sanginita Chemicals's gross profit for the three months ended in Sep. 2023 was ₹25 Mil. Sanginita Chemicals's Revenue for the three months ended in Sep. 2023 was ₹334 Mil. Therefore, Sanginita Chemicals's Gross Margin % for the quarter that ended in Sep. 2023 was 7.57%.

Sanginita Chemicals had a gross margin of 7.57% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Sanginita Chemicals was 6.93%. The lowest was 3.12%. And the median was 5.56%.

Warning Sign:

Sanginita Chemicals Ltd gross margin has been in long-term decline. The average rate of decline per year is -13%.


Sanginita Chemicals Gross Profit Historical Data

The historical data trend for Sanginita Chemicals'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.

Sanginita Chemicals Gross Profit Chart

Sanginita Chemicals 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 118.65 108.87 69.12 67.45 61.72

Sanginita Chemicals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 22.33 19.58 3.35 21.17 25.29

Competitive Comparison of Sanginita Chemicals's Gross Profit

For the Chemicals subindustry, Sanginita Chemicals'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.


Sanginita Chemicals's Gross Profit Distribution in the Chemicals Industry

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

* The bar in red indicates where Sanginita Chemicals's Gross Profit falls into.



Sanginita Chemicals Gross Profit Calculation

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

Sanginita Chemicals'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
=1980.682 - 1918.964
=62

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

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=334.107 - 308.817
=25

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹69 Mil.

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

Sanginita Chemicals'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
=25 / 334.107
=7.57 %

* 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.


Sanginita Chemicals  (NSE:SANGINITA) 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

Sanginita Chemicals had a gross margin of 7.57% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Sanginita Chemicals Gross Profit Related Terms

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Sanginita Chemicals (NSE:SANGINITA) Business Description

Traded in Other Exchanges
N/A
Address
Ch-Road, 301, 3rd Floor, Shalin Complex, Behind Megh-Malhar Complex, Sector -11, Gandhinagar, GJ, IND, 382011
Sanginita Chemicals Ltd is engaged in the manufacturing of inorganic metal-based chemicals. It offers Cuprous Chloride, Copper Sulphate, Copper Phthalocyanine Blue Crude, and Cupric Chloride. The company's products are widely used in dyes and pigment industries, paint industries, pharmaceuticals industries, electroplating industries, metal extraction industries and ink, Carbon paper, PVC pipe coating industries, and others. In addition, the company also undertakes the production of various other chemical products.

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