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Tech Mahindra (BOM:532755) Gross-Profit-to-Asset % : 35.72% (As of Mar. 2024)


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What is Tech Mahindra 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. Tech Mahindra's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹155,096 Mil. Tech Mahindra's average Total Assets over the quarter that ended in Mar. 2024 was ₹434,236 Mil. Therefore, Tech Mahindra's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 35.72%.


Tech Mahindra Gross-Profit-to-Asset % Historical Data

The historical data trend for Tech Mahindra'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.

Tech Mahindra Gross-Profit-to-Asset % Chart

Tech Mahindra 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 48.48 43.93 48.58 38.67 36.12

Tech Mahindra 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 39.79 51.93 51.15 38.47 35.72

Competitive Comparison of Tech Mahindra's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Tech Mahindra'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.


Tech Mahindra's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Tech Mahindra's Gross-Profit-to-Asset % distribution charts can be found below:

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



Tech Mahindra Gross-Profit-to-Asset % Calculation

Tech Mahindra'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 )
=161783/( (461533+434236)/ 2 )
=161783/447884.5
=36.12 %

Tech Mahindra'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 )
=155096/( (0+434236)/ 1 )
=155096/434236
=35.72 %

* 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.


Tech Mahindra Gross-Profit-to-Asset % Related Terms

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Tech Mahindra (BOM:532755) Business Description

Traded in Other Exchanges
Address
Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.

Tech Mahindra (BOM:532755) Headlines

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