GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Anand Rathi Wealth Ltd (BOM:543415) » Definitions » Gross-Profit-to-Asset %

Anand Rathi Wealth (BOM:543415) Gross-Profit-to-Asset % : 45.58% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Anand Rathi Wealth 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. Anand Rathi Wealth's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹4,010 Mil. Anand Rathi Wealth's average Total Assets over the quarter that ended in Mar. 2024 was ₹8,797 Mil. Therefore, Anand Rathi Wealth's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 45.58%.


Anand Rathi Wealth Gross-Profit-to-Asset % Historical Data

The historical data trend for Anand Rathi Wealth'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.

Anand Rathi Wealth Gross-Profit-to-Asset % Chart

Anand Rathi Wealth Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 54.64 34.70 58.49 58.54 56.50

Anand Rathi Wealth Quarterly Data
Mar19 Mar20 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 51.33 61.59 52.15 53.36 45.58

Competitive Comparison of Anand Rathi Wealth's Gross-Profit-to-Asset %

For the Asset Management subindustry, Anand Rathi Wealth'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.


Anand Rathi Wealth's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anand Rathi Wealth's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Anand Rathi Wealth's Gross-Profit-to-Asset % falls into.



Anand Rathi Wealth Gross-Profit-to-Asset % Calculation

Anand Rathi Wealth'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 )
=4248.134/( (6241.187+8797.352)/ 2 )
=4248.134/7519.2695
=56.50 %

Anand Rathi Wealth'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 )
=4009.9/( (0+8797.352)/ 1 )
=4009.9/8797.352
=45.58 %

* 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.


Anand Rathi Wealth Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Anand Rathi Wealth's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Anand Rathi Wealth (BOM:543415) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Trade Link, 2nd and 3rd Floor, E Wing, B and C Block, Kamla Mill Compound, Lower Parel, Mumbai, MH, IND, 400 013
Anand Rathi Wealth Ltd is a non-bank wealth solutions firm. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.

Anand Rathi Wealth (BOM:543415) Headlines

No Headlines