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Zenith Steel Pipes & Industries (BOM:531845) Gross-Profit-to-Asset % : 35.27% (As of Dec. 2023)


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What is Zenith Steel Pipes & 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. Zenith Steel Pipes & Industries's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹660 Mil. Zenith Steel Pipes & Industries's average Total Assets over the quarter that ended in Dec. 2023 was ₹1,870 Mil. Therefore, Zenith Steel Pipes & Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 35.27%.


Zenith Steel Pipes & Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Zenith Steel Pipes & 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.

Zenith Steel Pipes & Industries Gross-Profit-to-Asset % Chart

Zenith Steel Pipes & 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 3.33 -1.86 -5.09 27.34 5.93

Zenith Steel Pipes & 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 17.99 -54.94 17.05 33.25 35.27

Competitive Comparison of Zenith Steel Pipes & Industries's Gross-Profit-to-Asset %

For the Steel subindustry, Zenith Steel Pipes & 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.


Zenith Steel Pipes & Industries's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's Gross-Profit-to-Asset % distribution charts can be found below:

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



Zenith Steel Pipes & Industries Gross-Profit-to-Asset % Calculation

Zenith Steel Pipes & 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 )
=107.191/( (1924.214+1689.051)/ 2 )
=107.191/1806.6325
=5.93 %

Zenith Steel Pipes & 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 )
=659.588/( (1869.954+0)/ 1 )
=659.588/1869.954
=35.27 %

* 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.


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Zenith Steel Pipes & Industries (BOM:531845) Business Description

Traded in Other Exchanges
Address
206, J.B. Marg, 1st Floor, Dalamal House, Nariman Point, Mumbai, MH, IND, 400021
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.

Zenith Steel Pipes & Industries (BOM:531845) Headlines

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