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Coastal (BOM:501831) Gross Profit : ₹1,174 Mil (TTM As of Sep. 2024)


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What is Coastal Gross Profit?

Coastal's gross profit for the three months ended in Sep. 2024 was ₹563 Mil. Coastal's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹1,174 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Coastal's gross profit for the three months ended in Sep. 2024 was ₹563 Mil. Coastal's Revenue for the three months ended in Sep. 2024 was ₹1,548 Mil. Therefore, Coastal's Gross Margin % for the quarter that ended in Sep. 2024 was 36.36%.

Coastal had a gross margin of 36.36% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Coastal was 28.23%. The lowest was 1.65%. And the median was 18.04%.


Coastal Gross Profit Historical Data

The historical data trend for Coastal'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.

Coastal Gross Profit Chart

Coastal Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 683.00 745.72 968.51 881.07 927.15

Coastal Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 450.43 427.86 -327.33 510.84 562.72

Competitive Comparison of Coastal's Gross Profit

For the Packaged Foods subindustry, Coastal'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.


Coastal's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Coastal's Gross Profit distribution charts can be found below:

* The bar in red indicates where Coastal's Gross Profit falls into.



Coastal Gross Profit Calculation

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

Coastal's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=4129.19 - 3202.036
=927

Coastal's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1547.746 - 985.023
=563

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,174 Mil.

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

Coastal's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=563 / 1547.746
=36.36 %

* 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.


Coastal  (BOM:501831) 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

Coastal had a gross margin of 36.36% for the quarter that ended in Sep. 2024 => Competition eroding margins


Coastal Gross Profit Related Terms

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Coastal Business Description

Traded in Other Exchanges
Address
Nowroji Road, 15-1-37/3, Jayaprada Apartments, Maharanipeta, Vishakapatnam, AP, IND, 530 002
Coastal Corp Ltd is a seafood processing and exporting company. Its products include sea tiger, whites, pink brown, vannamei, and black tiger. The company derives revenue from Sale of Shrimp products. It offers shrimp in a number of forms, including raw frozen blocks and IQF, cooked in frozen blocks and IQF, and cooked in IQF. The company exports its products to the United States, Europe, Canada, the United Arab Emirates, China, and Hong Kong, and derives its revenue from the same.

Coastal Headlines

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