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Rishi Techtex (BOM:523021) Gross Profit : ₹300 Mil (TTM As of Dec. 2024)


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What is Rishi Techtex Gross Profit?

Rishi Techtex's gross profit for the three months ended in Dec. 2024 was ₹85 Mil. Rishi Techtex's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹300 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rishi Techtex's gross profit for the three months ended in Dec. 2024 was ₹85 Mil. Rishi Techtex's Revenue for the three months ended in Dec. 2024 was ₹315 Mil. Therefore, Rishi Techtex's Gross Margin % for the quarter that ended in Dec. 2024 was 27.09%.

Rishi Techtex had a gross margin of 27.09% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Rishi Techtex was 30.37%. The lowest was 22.56%. And the median was 26.15%.

Warning Sign:

Rishi Techtex Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


Rishi Techtex Gross Profit Historical Data

The historical data trend for Rishi Techtex'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.

Rishi Techtex Gross Profit Chart

Rishi Techtex 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 219.75 203.15 234.43 240.55 267.02

Rishi Techtex 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 70.31 53.70 75.42 85.59 85.32

Competitive Comparison of Rishi Techtex's Gross Profit

For the Packaging & Containers subindustry, Rishi Techtex'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.


Rishi Techtex's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rishi Techtex's Gross Profit distribution charts can be found below:

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


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Rishi Techtex Gross Profit Calculation

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

Rishi Techtex'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
=1113.74 - 846.717
=267

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=314.917 - 229.598
=85

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 ₹300 Mil.

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

Rishi Techtex'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
=85 / 314.917
=27.09 %

* 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.


Rishi Techtex  (BOM:523021) 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

Rishi Techtex had a gross margin of 27.09% for the quarter that ended in Dec. 2024 => Competition eroding margins


Rishi Techtex Gross Profit Related Terms

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Rishi Techtex Business Description

Traded in Other Exchanges
N/A
Address
10/14, Pais Street, 612, Veena Killedar Industrial Estate, Byculla (West), Mumbai, MH, IND, 400011
Rishi Techtex Ltd is a multiproduct company operating in India. It is engaged in manufacturing of Shade nets and Plastic Woven Sacks and supplying to fertilizer and cement industry. Company has developed number of products to cater to a wide spectrum of industries such as cement, fertilizer, chemical Petrochemical, etc. The Company is operating in single reportable segment of Technical Textile.

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