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Tulsyan NEC (BOM:513629) Gross Profit : ₹752 Mil (TTM As of Mar. 2024)


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What is Tulsyan NEC Gross Profit?

Tulsyan NEC's gross profit for the three months ended in Mar. 2024 was ₹164 Mil. Tulsyan NEC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹752 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tulsyan NEC's gross profit for the three months ended in Mar. 2024 was ₹164 Mil. Tulsyan NEC's Revenue for the three months ended in Mar. 2024 was ₹2,415 Mil. Therefore, Tulsyan NEC's Gross Margin % for the quarter that ended in Mar. 2024 was 6.79%.

Tulsyan NEC had a gross margin of 6.79% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tulsyan NEC was 19.46%. The lowest was 7.69%. And the median was 16.45%.

Warning Sign:

Tulsyan NEC Ltd gross margin has been in long-term decline. The average rate of decline per year is -15.6%.


Tulsyan NEC Gross Profit Historical Data

The historical data trend for Tulsyan NEC'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.

Tulsyan NEC Gross Profit Chart

Tulsyan NEC 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 1,243.53 1,113.98 979.29 1,104.67 751.57

Tulsyan NEC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 328.15 202.64 180.01 205.04 163.89

Competitive Comparison of Tulsyan NEC's Gross Profit

For the Steel subindustry, Tulsyan NEC'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.


Tulsyan NEC's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tulsyan NEC's Gross Profit distribution charts can be found below:

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



Tulsyan NEC Gross Profit Calculation

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

Tulsyan NEC'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
=9770.008 - 9018.434
=752

Tulsyan NEC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2415.06 - 2251.175
=164

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹752 Mil.

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

Tulsyan NEC's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=164 / 2415.06
=6.79 %

* 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.


Tulsyan NEC  (BOM:513629) 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

Tulsyan NEC had a gross margin of 6.79% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Tulsyan NEC Gross Profit Related Terms

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Tulsyan NEC (BOM:513629) Business Description

Traded in Other Exchanges
N/A
Address
Miller Tank Bund Road, No. 37, Kaveriappa Layout, Vasanth Nagar, Bangalore, KA, IND, 560 052
Tulsyan NEC Ltd is a manufacturer of Thermo Mechanically Treated (TMT) Bars in India. Its reportable segments are Steel, Synthetic, and Power. The company generates maximum revenue from the Steel segment. Its products include TMT Bars, sponge, billets, and ingots in the steel division, and in the synthetic division, it includes PP Woven Sacks, FIBC, and Woven Fabric. Geographically, it derives a majority of revenue from India.

Tulsyan NEC (BOM:513629) Headlines

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