Dhoot Industrial Finance's gross profit for the
three
months ended in Mar. 2024 was ₹-4.7 Mil. Dhoot Industrial Finance's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹3.7 Mil.
* 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.
Competitive Comparison of Dhoot Industrial Finance's Gross Profit
For the Chemicals subindustry, Dhoot Industrial Finance'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.
Dhoot Industrial Finance's Gross Profit Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Dhoot Industrial Finance's Gross Profit distribution charts can be found below:
* The bar in red indicates where Dhoot Industrial Finance's Gross Profit falls into.
Dhoot Industrial Finance Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Dhoot Industrial Finance's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as
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 ₹3.7 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Dhoot Industrial Finance had a gross margin of -2.36% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
Dhoot Industrial Finance Gross Profit Related Terms
Thank you for viewing the detailed overview of Dhoot Industrial Finance's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Dhoot Industrial Finance (BOM:526971) Business Description
Dhoot Industrial Finance Ltd is engaged in the trading activities of goods and share stocks and power generation. Its operating segment includes Trading, Power Generation, and Others. Trading segments include all trading activities of Chemicals, Electronics, and Paper. The company generates maximum revenue from the Trading segment. Some of its products include Copper Tubes, Zinc Rods, Copper Rods, Carbon Di Sulphide, Compressed Hydrogen Gas, Chloro Sulphonic Acid, Caustic Soda Lye, and others. Geographically the activities of the company are carried out through India.
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