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Elgi Equipments (NSE:ELGIEQUIP) Gross-Profit-to-Asset % : 64.20% (As of Dec. 2023)


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What is Elgi Equipments 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. Elgi Equipments's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹16,809 Mil. Elgi Equipments's average Total Assets over the quarter that ended in Dec. 2023 was ₹26,181 Mil. Therefore, Elgi Equipments's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 64.20%.


Elgi Equipments Gross-Profit-to-Asset % Historical Data

The historical data trend for Elgi Equipments'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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Elgi Equipments Gross-Profit-to-Asset % Chart

Elgi Equipments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.80 56.65 52.40 60.53 65.57

Elgi Equipments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 65.39 60.47 59.39 63.84 64.20

Competitive Comparison of Elgi Equipments's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Elgi Equipments'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.


Elgi Equipments's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

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

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



Elgi Equipments Gross-Profit-to-Asset % Calculation

Elgi Equipments's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=14643.83/( (19649.16+25015.6)/ 2 )
=14643.83/22332.38
=65.57 %

Elgi Equipments's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=16808.76/( (26181.09+0)/ 1 )
=16808.76/26181.09
=64.20 %

* 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. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Elgi Equipments Gross-Profit-to-Asset % Related Terms

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Elgi Equipments (NSE:ELGIEQUIP) Business Description

Traded in Other Exchanges
Address
Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641 005
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors and air accessories. Geographically, it derives a majority of its revenue is from India and also has a presence in the United States of America, Italy, Australia, and Other Countries. It serves Textiles; Manufacturing; Pharmaceutical; Agriculture and Mining. The company generates maximum revenue from the Air Compressors segment.

Elgi Equipments (NSE:ELGIEQUIP) Headlines

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