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NRB Bearings (NSE:NRBBEARING) Gross-Profit-to-Asset % : 58.12% (As of Sep. 2024)


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What is NRB Bearings 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. NRB Bearings's annualized Gross Profit for the quarter that ended in Sep. 2024 was ₹7,651 Mil. NRB Bearings's average Total Assets over the quarter that ended in Sep. 2024 was ₹13,165 Mil. Therefore, NRB Bearings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 58.12%.


NRB Bearings Gross-Profit-to-Asset % Historical Data

The historical data trend for NRB Bearings'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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NRB Bearings Gross-Profit-to-Asset % Chart

NRB Bearings 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 40.43 41.89 48.50 48.04 46.81

NRB Bearings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 54.81 51.12 23.46 56.71 58.12

Competitive Comparison of NRB Bearings's Gross-Profit-to-Asset %

For the Auto Parts subindustry, NRB Bearings'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.


NRB Bearings's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NRB Bearings's Gross-Profit-to-Asset % distribution charts can be found below:

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



NRB Bearings Gross-Profit-to-Asset % Calculation

NRB Bearings'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 )
=5736.2/( (12115.4+12392.1)/ 2 )
=5736.2/12253.75
=46.81 %

NRB Bearings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=7651.2/( (0+13165)/ 1 )
=7651.2/13165
=58.12 %

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


NRB Bearings Gross-Profit-to-Asset % Related Terms

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NRB Bearings Business Description

Traded in Other Exchanges
Address
Dhannur, 15, Sir P.M. Road, Fort, Mumbai, MH, IND, 400 001
NRB Bearings Ltd is an Indian company engaged in the ball and roller bearing business. It manufactures and sells needle roller bushes and cage, ball and roller bearings, and automobile components. Some of the company's products include Cylindrical roller bearings, Crank pins, Thrust bearings, Rocker-arm bearings, Drawn cup needle bearings, and others. Company has a single reportable segment of ball and roller bearings. Geographically, the group has a business presence in India and other countries, of which it generates a majority of its revenue from India.

NRB Bearings Headlines

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