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Permanent Magnets (BOM:504132) Gross Profit : ₹878 Mil (TTM As of Dec. 2024)


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What is Permanent Magnets Gross Profit?

Permanent Magnets's gross profit for the three months ended in Dec. 2024 was ₹237 Mil. Permanent Magnets's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹878 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Permanent Magnets's gross profit for the three months ended in Dec. 2024 was ₹237 Mil. Permanent Magnets's Revenue for the three months ended in Dec. 2024 was ₹494 Mil. Therefore, Permanent Magnets's Gross Margin % for the quarter that ended in Dec. 2024 was 47.92%.

Permanent Magnets had a gross margin of 47.92% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Permanent Magnets was 42.60%. The lowest was 22.16%. And the median was 33.45%.


Permanent Magnets Gross Profit Historical Data

The historical data trend for Permanent Magnets'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.

Permanent Magnets Gross Profit Chart

Permanent Magnets 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 386.83 415.13 451.25 - 827.20

Permanent Magnets Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 205.60 143.80 233.20 264.50 236.50

Competitive Comparison of Permanent Magnets's Gross Profit

For the Electrical Equipment & Parts subindustry, Permanent Magnets'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.


Permanent Magnets's Gross Profit Distribution in the Industrial Products Industry

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

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


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Permanent Magnets Gross Profit Calculation

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

Permanent Magnets'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
=1942.2 - 1115
=827

Permanent Magnets's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=493.5 - 257
=237

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹878 Mil.

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

Permanent Magnets's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=237 / 493.5
=47.92 %

* 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.


Permanent Magnets  (BOM:504132) 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

Permanent Magnets had a gross margin of 47.92% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Permanent Magnets Gross Profit Related Terms

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Permanent Magnets Business Description

Traded in Other Exchanges
N/A
Address
Plot No. B-3, MIDC Industrial Area, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast magnets and parts and accessories for electricity meters and its application. The magnets are used in electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. Its product portfolio includes magnetic assemblies, shunts, brass terminals, magnetic separators, electromagnets, alnico magnets, and others. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. The company operates in one single segment which is Engineering and Current Sensing application.

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