GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gandhi Special Tubes Ltd (BOM:513108) » Definitions » Gross Profit

Gandhi Special Tubes (BOM:513108) Gross Profit : ₹900 Mil (TTM As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Gandhi Special Tubes Gross Profit?

Gandhi Special Tubes's gross profit for the three months ended in Dec. 2023 was ₹257 Mil. Gandhi Special Tubes's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹900 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gandhi Special Tubes's gross profit for the three months ended in Dec. 2023 was ₹257 Mil. Gandhi Special Tubes's Revenue for the three months ended in Dec. 2023 was ₹412 Mil. Therefore, Gandhi Special Tubes's Gross Margin % for the quarter that ended in Dec. 2023 was 62.28%.

Gandhi Special Tubes had a gross margin of 62.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Gandhi Special Tubes was 66.92%. The lowest was 29.63%. And the median was 60.65%.

Warning Sign:

Gandhi Special Tubes Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


Gandhi Special Tubes Gross Profit Historical Data

The historical data trend for Gandhi Special Tubes'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.

Gandhi Special Tubes Gross Profit Chart

Gandhi Special Tubes 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 757.32 477.60 690.06 792.43 943.03

Gandhi Special Tubes 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 224.16 110.20 271.95 260.71 256.90

Competitive Comparison of Gandhi Special Tubes's Gross Profit

For the Metal Fabrication subindustry, Gandhi Special Tubes'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.


Gandhi Special Tubes's Gross Profit Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gandhi Special Tubes's Gross Profit falls into.



Gandhi Special Tubes Gross Profit Calculation

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

Gandhi Special Tubes'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
=1627.203 - 684.169
=943

Gandhi Special Tubes's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=412.467 - 155.568
=257

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 ₹900 Mil.

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

Gandhi Special Tubes'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
=257 / 412.467
=62.28 %

* 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.


Gandhi Special Tubes  (BOM:513108) 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

Gandhi Special Tubes had a gross margin of 62.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Gandhi Special Tubes Gross Profit Related Terms

Thank you for viewing the detailed overview of Gandhi Special Tubes's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Gandhi Special Tubes (BOM:513108) Business Description

Traded in Other Exchanges
Address
55 Hughes Road, Next to Dharam Palace, 201-204, Plaza, 2nd Floor, Mumbai, MH, IND, 400007
Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.

Gandhi Special Tubes (BOM:513108) Headlines

No Headlines