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Mahalaxmi Rubtech (BOM:514450) Gross-Profit-to-Asset % : -283.11% (As of Mar. 2024)


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What is Mahalaxmi Rubtech 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. Mahalaxmi Rubtech's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹-2,328.1 Mil. Mahalaxmi Rubtech's average Total Assets over the quarter that ended in Mar. 2024 was ₹822.3 Mil. Therefore, Mahalaxmi Rubtech's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -283.11%.


Mahalaxmi Rubtech Gross-Profit-to-Asset % Historical Data

The historical data trend for Mahalaxmi Rubtech'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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Mahalaxmi Rubtech Gross-Profit-to-Asset % Chart

Mahalaxmi Rubtech 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 19.64 18.10 18.90 17.59 26.25

Mahalaxmi Rubtech 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 -105.28 56.38 61.01 64.22 -283.11

Competitive Comparison of Mahalaxmi Rubtech's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Mahalaxmi Rubtech'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.


Mahalaxmi Rubtech's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mahalaxmi Rubtech's Gross-Profit-to-Asset % distribution charts can be found below:

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



Mahalaxmi Rubtech Gross-Profit-to-Asset % Calculation

Mahalaxmi Rubtech'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 )
=384.009/( (2103.756+822.308)/ 2 )
=384.009/1463.032
=26.25 %

Mahalaxmi Rubtech'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 )
=-2328.076/( (0+822.308)/ 1 )
=-2328.076/822.308
=-283.11 %

* 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.


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Mahalaxmi Rubtech (BOM:514450) Business Description

Traded in Other Exchanges
Address
Polytechnic Road, Mahalaxmi House, YSL Avenue, Opposite Ketav Petrol Pump, Ambavadi, Ahmedabad, GJ, IND, 380015
Mahalaxmi Rubtech Ltd is an Indian textile manufacturing company. The company has structured its operations into the following business segments - Rubber and Technical textiles Products, and Textile Products. The company's product portfolio comprises; printing blankets, textile printing blankets, rubber-coated fabrics, hydraulic seals, air cells, and technical textiles. The majority of the revenue accrues from the Textile products segment.

Mahalaxmi Rubtech (BOM:514450) Headlines

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