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Bharat Heavy Electricals (BOM:500103) Gross Profit : ₹59,017 Mil (TTM As of Dec. 2023)


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What is Bharat Heavy Electricals Gross Profit?

Bharat Heavy Electricals's gross profit for the three months ended in Dec. 2023 was ₹12,442 Mil. Bharat Heavy Electricals's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹59,017 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bharat Heavy Electricals's gross profit for the three months ended in Dec. 2023 was ₹12,442 Mil. Bharat Heavy Electricals's Revenue for the three months ended in Dec. 2023 was ₹52,735 Mil. Therefore, Bharat Heavy Electricals's Gross Margin % for the quarter that ended in Dec. 2023 was 23.59%.

Bharat Heavy Electricals had a gross margin of 23.59% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Bharat Heavy Electricals was 32.93%. The lowest was 25.70%. And the median was 29.26%.

Warning Sign:

Bharat Heavy Electricals Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


Bharat Heavy Electricals Gross Profit Historical Data

The historical data trend for Bharat Heavy Electricals's Gross Profit 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.

Bharat Heavy Electricals Gross Profit Chart

Bharat Heavy Electricals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86,694.20 64,553.00 44,251.70 53,595.40 58,355.80

Bharat Heavy Electricals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 12,590.80 21,515.60 12,705.50 12,353.70 12,441.90

Competitive Comparison of Bharat Heavy Electricals's Gross Profit

For the Specialty Industrial Machinery subindustry, Bharat Heavy Electricals's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Bharat Heavy Electricals's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bharat Heavy Electricals's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bharat Heavy Electricals's Gross Profit falls into.



Bharat Heavy Electricals Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Bharat Heavy Electricals's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=221363 - 163007.2
=58,356

Bharat Heavy Electricals's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=52734.9 - 40293
=12,442

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹59,017 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Bharat Heavy Electricals's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=12,442 / 52734.9
=23.59 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Bharat Heavy Electricals  (BOM:500103) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bharat Heavy Electricals had a gross margin of 23.59% for the quarter that ended in Dec. 2023 => Competition eroding margins


Bharat Heavy Electricals Gross Profit Related Terms

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Bharat Heavy Electricals (BOM:500103) Business Description

Traded in Other Exchanges
Address
BHEL House, Siri Fort, New Delhi, IND, 110 049
Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing companies in India. Its products and services serve power, transportation, energy, oil and gas, defence, and other industrial markets. The company has three business segments: Power (which contributes the majority of total revenue), Industry sector and International Operations. Bharat's product portfolio consists of heavy industrial equipment and components, including turbines, valves, pumps, boilers, and insulators. In addition, the company offers aftersales service to customers for maintenance and repairs and can help synchronize power plants. The majority of total revenue is derived from India, but the company has a footprint in many different regions.

Bharat Heavy Electricals (BOM:500103) Headlines

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