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Investment & Precision Castings (BOM:504786) Gross Profit : ₹497 Mil (TTM As of Dec. 2024)


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What is Investment & Precision Castings Gross Profit?

Investment & Precision Castings's gross profit for the three months ended in Dec. 2024 was ₹101 Mil. Investment & Precision Castings's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹497 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Investment & Precision Castings's gross profit for the three months ended in Dec. 2024 was ₹101 Mil. Investment & Precision Castings's Revenue for the three months ended in Dec. 2024 was ₹392 Mil. Therefore, Investment & Precision Castings's Gross Margin % for the quarter that ended in Dec. 2024 was 25.82%.

Investment & Precision Castings had a gross margin of 25.82% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Investment & Precision Castings was 32.60%. The lowest was 19.71%. And the median was 26.99%.

Warning Sign:

Investment & Precision Castings Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.9%.


Investment & Precision Castings Gross Profit Historical Data

The historical data trend for Investment & Precision Castings'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.

Investment & Precision Castings Gross Profit Chart

Investment & Precision Castings 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 236.66 243.65 255.32 372.73 405.56

Investment & Precision Castings 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 98.84 57.34 118.45 219.92 101.17

Competitive Comparison of Investment & Precision Castings's Gross Profit

For the Steel subindustry, Investment & Precision Castings'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.


Investment & Precision Castings's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Investment & Precision Castings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Investment & Precision Castings's Gross Profit falls into.


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Investment & Precision Castings Gross Profit Calculation

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

Investment & Precision Castings'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
=1676.302 - 1270.741
=406

Investment & Precision Castings's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=391.81 - 290.636
=101

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 ₹497 Mil.

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

Investment & Precision Castings'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
=101 / 391.81
=25.82 %

* 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.


Investment & Precision Castings  (BOM:504786) 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

Investment & Precision Castings had a gross margin of 25.82% for the quarter that ended in Dec. 2024 => Competition eroding margins


Investment & Precision Castings Gross Profit Related Terms

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Investment & Precision Castings Business Description

Traded in Other Exchanges
N/A
Address
Nari Road, Bhavnagar, GJ, IND, 364006
Investment & Precision Castings Ltd is engaged in the steel casting business. The company's products portfolio includes two-three-four-wheeler, bus tractor parts; aircraft parts; turbochargers for diesel engines; power plants, pumps and valves, medical implants; electrical and instrumentation; general engineering; electronics; electronics; compressors; artisan castings; and machined components from bar stock. The company also provides its products and services to ancillaries and the wind power generation industry. It operates in two segments Investment Castings and Wind Mill. The majority of the company's revenue comes from the Investment Castings segment.

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