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Bajaj Steel Industries (BOM:507944) Gross-Profit-to-Asset % : 51.68% (As of Dec. 2023)


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What is Bajaj Steel Industries 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. Bajaj Steel Industries's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹2,632 Mil. Bajaj Steel Industries's average Total Assets over the quarter that ended in Dec. 2023 was ₹5,093 Mil. Therefore, Bajaj Steel Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 51.68%.


Bajaj Steel Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Bajaj Steel Industries'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.

* Premium members only.

Bajaj Steel Industries Gross-Profit-to-Asset % Chart

Bajaj Steel Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.08 48.88 61.14 40.15 52.05

Bajaj Steel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 67.51 18.69 45.73 55.31 51.68

Competitive Comparison of Bajaj Steel Industries's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.


Bajaj Steel Industries's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Bajaj Steel Industries's Gross-Profit-to-Asset % falls into.



Bajaj Steel Industries Gross-Profit-to-Asset % Calculation

Bajaj Steel Industries's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=2187.407/( (3950.107+4455.241)/ 2 )
=2187.407/4202.674
=52.05 %

Bajaj Steel Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2631.78/( (5092.69+0)/ 1 )
=2631.78/5092.69
=51.68 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Bajaj Steel Industries Gross-Profit-to-Asset % Related Terms

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Bajaj Steel Industries (BOM:507944) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028
Bajaj Steel Industries Ltd is engaged in the manufacturing of Cotton ginning and Pressing Machineries, Prefabricated building structure, components, and allied products. Its operating segment includes the Steel Division and Plastic Division. The company generates maximum revenue from the Steel Division segment. It manufactures product such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.

Bajaj Steel Industries (BOM:507944) Headlines

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