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Solar Industries India (NSE:SOLARINDS) Gross-Profit-to-Asset % : 54.47% (As of Mar. 2024)


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What is Solar Industries India 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. Solar Industries India's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹31,250 Mil. Solar Industries India's average Total Assets over the quarter that ended in Mar. 2024 was ₹57,372 Mil. Therefore, Solar Industries India's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 54.47%.


Solar Industries India Gross-Profit-to-Asset % Historical Data

The historical data trend for Solar Industries India'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.

Solar Industries India Gross-Profit-to-Asset % Chart

Solar Industries India 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 39.62 38.90 43.94 58.90 53.34

Solar Industries India 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 58.61 57.17 53.91 52.58 54.47

Competitive Comparison of Solar Industries India's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Solar Industries India'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.


Solar Industries India's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Industries India's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Solar Industries India's Gross-Profit-to-Asset % falls into.



Solar Industries India Gross-Profit-to-Asset % Calculation

Solar Industries India'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 )
=28733.5/( (50362.5+57372)/ 2 )
=28733.5/53867.25
=53.34 %

Solar Industries India'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 )
=31250/( (0+57372)/ 1 )
=31250/57372
=54.47 %

* 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.


Solar Industries India Gross-Profit-to-Asset % Related Terms

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Solar Industries India (NSE:SOLARINDS) Business Description

Traded in Other Exchanges
Address
Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company primarily sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.

Solar Industries India (NSE:SOLARINDS) Headlines

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