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Rungta Irrigation (BOM:530449) Gross-Profit-to-Asset % : 53.39% (As of Mar. 2024)


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What is Rungta Irrigation 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. Rungta Irrigation's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹618 Mil. Rungta Irrigation's average Total Assets over the quarter that ended in Mar. 2024 was ₹1,158 Mil. Therefore, Rungta Irrigation's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 53.39%.


Rungta Irrigation Gross-Profit-to-Asset % Historical Data

The historical data trend for Rungta Irrigation'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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Rungta Irrigation Gross-Profit-to-Asset % Chart

Rungta Irrigation 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 21.42 20.51 22.32 33.26 45.42

Rungta Irrigation 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 48.59 39.17 33.24 54.11 53.39

Competitive Comparison of Rungta Irrigation's Gross-Profit-to-Asset %

For the Farm & Heavy Construction Machinery subindustry, Rungta Irrigation'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.


Rungta Irrigation's Gross-Profit-to-Asset % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Rungta Irrigation's Gross-Profit-to-Asset % distribution charts can be found below:

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



Rungta Irrigation Gross-Profit-to-Asset % Calculation

Rungta Irrigation'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 )
=498.28/( (1036.049+1157.834)/ 2 )
=498.28/1096.9415
=45.42 %

Rungta Irrigation'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 )
=618.224/( (0+1157.834)/ 1 )
=618.224/1157.834
=53.39 %

* 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.


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Rungta Irrigation (BOM:530449) Business Description

Traded in Other Exchanges
N/A
Address
Rajendra Place, 101, Pragati Tower 26, New Delhi, IND, 110008
Rungta Irrigation Ltd is primarily engaged in the activity of manufacturing, designing, assembling, and marketing of Sprinkler Irrigation systems. The company has two production units at Ghaziabad and Yanam. Its product portfolio includes the HDPE sprinkler irrigation system, Rungta drip irrigation system, HDPE piping systems, Elastomeric u PVC pipes, Blue casing pipes for bore wells, Electrical conduits pipes, Rigid PVC pipes, and Mini sprinkler irrigation systems.

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