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Relaxo Footwears (BOM:530517) Gross Profit : ₹16,944 Mil (TTM As of Mar. 2024)


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What is Relaxo Footwears Gross Profit?

Relaxo Footwears's gross profit for the three months ended in Mar. 2024 was ₹4,504 Mil. Relaxo Footwears's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹16,944 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Relaxo Footwears's gross profit for the three months ended in Mar. 2024 was ₹4,504 Mil. Relaxo Footwears's Revenue for the three months ended in Mar. 2024 was ₹7,472 Mil. Therefore, Relaxo Footwears's Gross Margin % for the quarter that ended in Mar. 2024 was 60.28%.

Relaxo Footwears had a gross margin of 60.28% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Relaxo Footwears was 58.14%. The lowest was 47.58%. And the median was 54.67%.


Relaxo Footwears Gross Profit Historical Data

The historical data trend for Relaxo Footwears'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.

Relaxo Footwears Gross Profit Chart

Relaxo Footwears 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 13,456.30 13,356.90 14,365.70 14,484.50 16,943.60

Relaxo Footwears 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 3,989.70 4,237.40 4,140.10 4,062.20 4,503.90

Competitive Comparison of Relaxo Footwears's Gross Profit

For the Footwear & Accessories subindustry, Relaxo Footwears'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.


Relaxo Footwears's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Relaxo Footwears's Gross Profit distribution charts can be found below:

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



Relaxo Footwears Gross Profit Calculation

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

Relaxo Footwears'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
=29140.6 - 12197
=16,944

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=7472.1 - 2968.2
=4,504

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 ₹16,944 Mil.

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

Relaxo Footwears'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
=4,504 / 7472.1
=60.28 %

* 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.


Relaxo Footwears  (BOM:530517) 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

Relaxo Footwears had a gross margin of 60.28% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Relaxo Footwears Gross Profit Related Terms

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Relaxo Footwears (BOM:530517) Business Description

Traded in Other Exchanges
Address
Aggarwal City Square, Plot No. 10, Mangalam Palace, District Centre, Sector-3, Rohini, New Delhi, IND, 110085
Relaxo Footwears Ltd manufactures footwear in India that it sells under the brand names Flite, Bahamas, Hawaii, Sparx, Schoolmate, Elena, and Casualz. Roughly half of the company's production is non-leather footwear, including a wide variety of slippers. Relaxo sells its products directly through its company-owned retail stores and online shopping portal, and Relaxo sells its products wholesale to distributors and through export operations. The Company has only one segment Footwear and related products. The vast majority of sales are generated in India, where the company's hundreds of Relaxo Shoppe retail stores are located.

Relaxo Footwears (BOM:530517) Headlines

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