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IVP (BOM:507580) Gross Profit : ₹995 Mil (TTM As of Dec. 2024)


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What is IVP Gross Profit?

IVP's gross profit for the three months ended in Dec. 2024 was ₹258 Mil. IVP's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹995 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. IVP's gross profit for the three months ended in Dec. 2024 was ₹258 Mil. IVP's Revenue for the three months ended in Dec. 2024 was ₹1,294 Mil. Therefore, IVP's Gross Margin % for the quarter that ended in Dec. 2024 was 19.95%.

IVP had a gross margin of 19.95% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of IVP was 31.09%. The lowest was 16.66%. And the median was 20.83%.

Warning Sign:

IVP Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


IVP Gross Profit Historical Data

The historical data trend for IVP'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.

IVP Gross Profit Chart

IVP 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 473.30 630.80 932.60 1,098.70 999.80

IVP 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 246.50 236.80 258.30 242.10 258.10

Competitive Comparison of IVP's Gross Profit

For the Specialty Chemicals subindustry, IVP'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.


IVP's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, IVP's Gross Profit distribution charts can be found below:

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


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IVP Gross Profit Calculation

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

IVP'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
=5452.6 - 4452.8
=1,000

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1293.6 - 1035.5
=258

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 ₹995 Mil.

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

IVP'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
=258 / 1293.6
=19.95 %

* 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.


IVP  (BOM:507580) 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

IVP had a gross margin of 19.95% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


IVP Gross Profit Related Terms

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IVP Business Description

Traded in Other Exchanges
Address
Shashikant Narayan Redij Marg, Ghorupdeo, Mumbai, MH, IND, 400 033
IVP Ltd is a manufacturer and exporter of foundry chemicals, castings, and allied products. The products of the company include Binders, Coatings, Polyurethane, and other additives used in the foundry and non-foundry industries. The resins products of the company are for application in diverse fields such as foundry, composites, insulation, and refractory, the coatings products of the company serve the needs of the foundry industry with numerous refractory-based products while the allied products consist of miscellaneous products for use in both ferrous and non-ferrous foundries.

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