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AAVAS Financiers (BOM:541988) Gross Profit

: ₹5,736 Mil (TTM As of Dec. 2023)
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AAVAS Financiers's gross profit for the three months ended in Dec. 2023 was ₹1,563 Mil. AAVAS Financiers's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹5,736 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. AAVAS Financiers's gross profit for the three months ended in Dec. 2023 was ₹1,563 Mil. AAVAS Financiers's Revenue for the three months ended in Dec. 2023 was ₹4,580 Mil. Therefore, AAVAS Financiers's Gross Margin % for the quarter that ended in Dec. 2023 was 34.13%.

AAVAS Financiers had a gross margin of 34.13% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of AAVAS Financiers was 39.08%. The lowest was 26.73%. And the median was 36.76%.


AAVAS Financiers Gross Profit Historical Data

The historical data trend for AAVAS Financiers'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.

AAVAS Financiers Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,264.53 2,837.09 3,235.72 4,341.25 5,007.96

AAVAS Financiers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 1,414.76 1,130.68 1,467.15 1,574.73 1,563.44

Competitive Comparison

For the Mortgage Finance subindustry, AAVAS Financiers'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.


AAVAS Financiers Gross Profit Distribution

For the Banks industry and Financial Services sector, AAVAS Financiers's Gross Profit distribution charts can be found below:

* The bar in red indicates where AAVAS Financiers's Gross Profit falls into.



AAVAS Financiers Gross Profit Calculation

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

AAVAS Financiers'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
=13555.177 - 8547.22
=5,008

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4580.409 - 3016.974
=1,563

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 ₹5,736 Mil.

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

AAVAS Financiers'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
=1,563 / 4580.409
=34.13 %

* 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.


AAVAS Financiers  (BOM:541988) 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

AAVAS Financiers had a gross margin of 34.13% for the quarter that ended in Dec. 2023 => Competition eroding margins


AAVAS Financiers Gross Profit Related Terms

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AAVAS Financiers (BOM:541988) Business Description

Traded in Other Exchanges
Address
Mansarover Industrial Area, 201-202, 2nd Floor, Southend Square, Jaipur, RJ, IND, 302 020
AAVAS Financiers Ltd is a housing finance company. The company provides housing loans to customers belonging to the low and middle-income and self-employed segments in suburban and rural India. Its only operating segment is Lending to borrowers. The company's product portfolio includes home loans, land purchases and construction, home improvement loans, home equity, micro, small, and medium enterprise loan, and others. It offers customers loans for the purchase or construction of residential properties and the extension and repair of existing housing units.

AAVAS Financiers (BOM:541988) Headlines

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