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Meera Industries (BOM:540519) Gross-Profit-to-Asset % : 42.59% (As of Dec. 2024)


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What is Meera 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. Meera Industries's annualized Gross Profit for the quarter that ended in Dec. 2024 was ₹194.3 Mil. Meera Industries's average Total Assets over the quarter that ended in Dec. 2024 was ₹456.3 Mil. Therefore, Meera Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 42.59%.


Meera Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Meera 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.

Meera Industries Gross-Profit-to-Asset % Chart

Meera Industries 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 29.34 30.33 36.66 16.74 27.63

Meera Industries Quarterly Data
Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 33.08 14.12 39.81 41.19 42.59

Competitive Comparison of Meera Industries's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Meera 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.


Meera Industries's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meera Industries's Gross-Profit-to-Asset % distribution charts can be found below:

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


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Meera Industries Gross-Profit-to-Asset % Calculation

Meera Industries'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 )
=101.096/( (357.06+374.717)/ 2 )
=101.096/365.8885
=27.63 %

Meera Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=194.332/( (456.3+0)/ 1 )
=194.332/456.3
=42.59 %

* 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. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Meera Industries Gross-Profit-to-Asset % Related Terms

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Meera Industries Business Description

Traded in Other Exchanges
N/A
Address
2126, Road No. 2 GIDC, Sachin, Surat, GJ, IND, 394230
Meera Industries Ltd is engaged in the production of textile twisting machinery and technology. The product portfolio includes Two for one twister, a Servo-controlled cop winder, a Cone-assembly winder, a Ring twister, a covering machine, TPRS twister machine, and a Heavy-duty twister and cabler machine, and a Continuous bulk and heat setting machine. Its operating segment includes the Machine division, Plastic division, and Yarn division. The company generates maximum revenue from the Machine division segment. Geographically, it derives a majority of its revenue from India.

Meera Industries Headlines

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