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Permanent Magnets (BOM:504132) Gross-Profit-to-Asset % : 45.39% (As of Mar. 2024)


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What is Permanent Magnets Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Permanent Magnets's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹868 Mil. Permanent Magnets's average Total Assets over the quarter that ended in Mar. 2024 was ₹1,912 Mil. Therefore, Permanent Magnets's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 45.39%.


Permanent Magnets Gross-Profit-to-Asset % Historical Data

The historical data trend for Permanent Magnets's Gross-Profit-to-Asset % 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.

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Permanent Magnets Gross-Profit-to-Asset % Chart

Permanent Magnets Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.95 47.29 40.65 - 52.58

Permanent Magnets Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 - 60.69 60.14 49.80 45.39

Competitive Comparison of Permanent Magnets's Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, Permanent Magnets's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Permanent Magnets's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Permanent Magnets's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Permanent Magnets's Gross-Profit-to-Asset % falls into.



Permanent Magnets Gross-Profit-to-Asset % Calculation

Permanent Magnets's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=900.4/( (1512.631+1912.4)/ 2 )
=900.4/1712.5155
=52.58 %

Permanent Magnets's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=868/( (0+1912.4)/ 1 )
=868/1912.4
=45.39 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Permanent Magnets Gross-Profit-to-Asset % Related Terms

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Permanent Magnets (BOM:504132) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. B-3, MIDC Industrial Area, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast magnets and parts and accessories for electricity meters and its application. The magnets are used in electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. Its product portfolio includes magnetic assemblies, shunts, brass terminals, magnetic separators, electromagnets, alnico magnets, and others. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. The company operates in one single segment which is Engineering and Current Sensing application.

Permanent Magnets (BOM:504132) Headlines

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