Prakash Pipes (NSE:PPL) Gross-Profit-to-Asset % : 54.68% (As of Dec. 2023)

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What is Prakash Pipes 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. Prakash Pipes's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹2,209 Mil. Prakash Pipes's average Total Assets over the quarter that ended in Dec. 2023 was ₹4,040 Mil. Therefore, Prakash Pipes's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 54.68%.

Prakash Pipes Gross-Profit-to-Asset % Historical Data

The historical data trend for Prakash Pipes'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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Prakash Pipes Gross-Profit-to-Asset % Chart

Prakash Pipes Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

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112.15

57.84

57.76

55.18

55.11

Prakash Pipes 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															47.80	49.96	57.25	49.05	54.68

Competitive Comparison of Prakash Pipes's Gross-Profit-to-Asset %

For the Building Products & Equipment subindustry, Prakash Pipes'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.

Prakash Pipes's Gross-Profit-to-Asset % Distribution in the Construction Industry

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

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

Prakash Pipes Gross-Profit-to-Asset % Calculation

Prakash Pipes'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 )
	=	1769.2	/	( (2965.4	+	3455.3)	/ 2 )
	=	1769.2	/	3210.35
	=	55.11 %

Prakash Pipes'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 )
	=	2208.8	/	( (4039.8	+	0)	/ 1 )
	=	2208.8	/	4039.8
	=	54.68 %

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.

Prakash Pipes Gross-Profit-to-Asset % Related Terms

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Prakash Pipes (NSE:PPL) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

542684:India

Address

Srivan, Bijwasan, New Delhi, IND, 110061

Website

https://www.prakashplastics.in

Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers a products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes and their related Fittings. Its segments are PVC Pipe and fitting and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fitting.