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Waaree Renewable Technologies (BOM:534618) Gross-Profit-to-Asset % : 46.61% (As of Mar. 2024)


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What is Waaree Renewable Technologies 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. Waaree Renewable Technologies's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹3,328 Mil. Waaree Renewable Technologies's average Total Assets over the quarter that ended in Mar. 2024 was ₹7,140 Mil. Therefore, Waaree Renewable Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 46.61%.


Waaree Renewable Technologies Gross-Profit-to-Asset % Historical Data

The historical data trend for Waaree Renewable Technologies'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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Waaree Renewable Technologies Gross-Profit-to-Asset % Chart

Waaree Renewable Technologies 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 2.20 2.06 17.35 43.51 46.46

Waaree Renewable Technologies 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 37.71 28.46 31.32 89.18 46.61

Competitive Comparison of Waaree Renewable Technologies's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, Waaree Renewable Technologies'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.


Waaree Renewable Technologies's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Waaree Renewable Technologies's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Waaree Renewable Technologies's Gross-Profit-to-Asset % falls into.



Waaree Renewable Technologies Gross-Profit-to-Asset % Calculation

Waaree Renewable Technologies'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 )
=2315.376/( (2826.773+7140.202)/ 2 )
=2315.376/4983.4875
=46.46 %

Waaree Renewable Technologies'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 )
=3328.2/( (0+7140.202)/ 1 )
=3328.2/7140.202
=46.61 %

* 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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Waaree Renewable Technologies (BOM:534618) Business Description

Traded in Other Exchanges
N/A
Address
Opposite Western Express Highway, 504, Western Edge - I, Borivali (East), Mumbai, MH, IND, 400066
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar, and Floating Solar.

Waaree Renewable Technologies (BOM:534618) Headlines

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