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Prince Pipes And Fittings (BOM:542907) Gross-Profit-to-Asset % : 41.02% (As of Mar. 2024)


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What is Prince Pipes And Fittings 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. Prince Pipes And Fittings's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹8,710 Mil. Prince Pipes And Fittings's average Total Assets over the quarter that ended in Mar. 2024 was ₹21,232 Mil. Therefore, Prince Pipes And Fittings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 41.02%.


Prince Pipes And Fittings Gross-Profit-to-Asset % Historical Data

The historical data trend for Prince Pipes And Fittings'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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Prince Pipes And Fittings Gross-Profit-to-Asset % Chart

Prince Pipes And Fittings 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 40.80 45.40 42.39 32.62 37.68

Prince Pipes And Fittings 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 54.43 30.06 43.01 39.17 41.02

Competitive Comparison of Prince Pipes And Fittings's Gross-Profit-to-Asset %

For the Building Products & Equipment subindustry, Prince Pipes And Fittings'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.


Prince Pipes And Fittings's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prince Pipes And Fittings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Prince Pipes And Fittings's Gross-Profit-to-Asset % falls into.



Prince Pipes And Fittings Gross-Profit-to-Asset % Calculation

Prince Pipes And Fittings'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 )
=7494.44/( (18541.9+21232.32)/ 2 )
=7494.44/19887.11
=37.68 %

Prince Pipes And Fittings'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 )
=8709.8/( (0+21232.32)/ 1 )
=8709.8/21232.32
=41.02 %

* 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.


Prince Pipes And Fittings Gross-Profit-to-Asset % Related Terms

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Prince Pipes And Fittings (BOM:542907) Business Description

Traded in Other Exchanges
Address
29, Senapati Bapat Marg (Tulsi Pipe Road), 8th Floor, The Ruby, Dadar (West), Mumbai, MH, IND, 400 028
Prince Pipes And Fittings Ltd is a manufacturer of polymer pipes and fittings. The company manufactures polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. It markets its products under two brand names: Prince Piping Systems; and Trubore. The company's products are used for various applications in plumbing, irrigation, and soil, waste and rainwater management in both rural and urban areas.

Prince Pipes And Fittings (BOM:542907) Headlines

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