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Welspun (NSE:WELCORP) Gross-Profit-to-Asset % : 40.78% (As of Dec. 2024)


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What is Welspun 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. Welspun's annualized Gross Profit for the quarter that ended in Dec. 2024 was ₹51,715 Mil. Welspun's average Total Assets over the quarter that ended in Dec. 2024 was ₹126,816 Mil. Therefore, Welspun's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 40.78%.


Welspun Gross-Profit-to-Asset % Historical Data

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

Welspun 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 37.20 24.04 17.06 16.88 31.83

Welspun Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 47.29 9.71 38.57 39.26 40.78

Competitive Comparison of Welspun's Gross-Profit-to-Asset %

For the Steel subindustry, Welspun'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.


Welspun's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Welspun's Gross-Profit-to-Asset % distribution charts can be found below:

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


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Welspun Gross-Profit-to-Asset % Calculation

Welspun'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 )
=43272/( (153393.6+118502.3)/ 2 )
=43272/135947.95
=31.83 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=51714.8/( (126815.6+0)/ 1 )
=51714.8/126815.6
=40.78 %

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


Welspun Gross-Profit-to-Asset % Related Terms

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Welspun Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Kamala Mills Compound, Welspun House, 5th Floor, Lower Parel (West), Mumbai, MH, IND, 400013
Welspun Corp Ltd is an Indian company engaged in the Production and Coating of High-Grade Submerged Welded Pipes, Hot Rolled Steel Plates and Coils. The company's products include Helically welded pipes, longitudinally welded pipes, High-frequency electric welded pipes, Plates and Coils, Coating Systems, and other services including Pipe bending, Double jointing, Stack pile, and Inventory management. The Group's operations relate to the manufacturing of steel products and plastic products, and segments consist of Steel Products, which derives maximum revenue and others (including plastic products).

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