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Panasonic Energy India Co (BOM:504093) Gross Profit : ₹866 Mil (TTM As of Dec. 2023)


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What is Panasonic Energy India Co Gross Profit?

Panasonic Energy India Co's gross profit for the three months ended in Dec. 2023 was ₹272 Mil. Panasonic Energy India Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹866 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Panasonic Energy India Co's gross profit for the three months ended in Dec. 2023 was ₹272 Mil. Panasonic Energy India Co's Revenue for the three months ended in Dec. 2023 was ₹747 Mil. Therefore, Panasonic Energy India Co's Gross Margin % for the quarter that ended in Dec. 2023 was 36.46%.

Panasonic Energy India Co had a gross margin of 36.46% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Panasonic Energy India Co was 38.81%. The lowest was 30.11%. And the median was 37.73%.

Warning Sign:

Panasonic Energy India Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Panasonic Energy India Co Gross Profit Historical Data

The historical data trend for Panasonic Energy India Co'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.

Panasonic Energy India Co Gross Profit Chart

Panasonic Energy India Co 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 742.30 764.67 900.40 908.96 761.43

Panasonic Energy India Co 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 193.03 120.44 223.59 249.83 272.48

Competitive Comparison of Panasonic Energy India Co's Gross Profit

For the Electrical Equipment & Parts subindustry, Panasonic Energy India Co'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.


Panasonic Energy India Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Panasonic Energy India Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Panasonic Energy India Co's Gross Profit falls into.



Panasonic Energy India Co Gross Profit Calculation

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

Panasonic Energy India Co'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
=2529.054 - 1767.629
=761

Panasonic Energy India Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=747.39 - 474.909
=272

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 ₹866 Mil.

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

Panasonic Energy India Co'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
=272 / 747.39
=36.46 %

* 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.


Panasonic Energy India Co  (BOM:504093) 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

Panasonic Energy India Co had a gross margin of 36.46% for the quarter that ended in Dec. 2023 => Competition eroding margins


Panasonic Energy India Co Gross Profit Related Terms

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Panasonic Energy India Co (BOM:504093) Business Description

Traded in Other Exchanges
N/A
Address
GIDC, Makarpura, P.B. No. 719, Vadodara, GJ, IND, 390 010
Panasonic Energy India Co Ltd is engaged in the manufacture and supply of dry cell batteries and lighting products in India. It offers zinc-carbon batteries, alkaline batteries, lithium, and rechargeable batteries. Geographically, it derives a majority of revenue from India.

Panasonic Energy India Co (BOM:504093) Headlines

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