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Mahan Industries (BOM:531515) Gross Profit : ₹0.23 Mil (TTM As of Sep. 2024)


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What is Mahan Industries Gross Profit?

Mahan Industries's gross profit for the three months ended in Sep. 2024 was ₹-0.15 Mil. Mahan Industries's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹0.23 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mahan Industries's gross profit for the three months ended in Sep. 2024 was ₹-0.15 Mil. Mahan Industries's Revenue for the three months ended in Sep. 2024 was ₹3.02 Mil. Therefore, Mahan Industries's Gross Margin % for the quarter that ended in Sep. 2024 was -4.87%.

Mahan Industries had a gross margin of -4.87% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Mahan Industries was 315.32%. The lowest was -915.00%. And the median was -0.70%.


Mahan Industries Gross Profit Historical Data

The historical data trend for Mahan Industries'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.

Mahan Industries Gross Profit Chart

Mahan Industries 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 -0.14 -1.07 0.04 1.76 1.18

Mahan Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.38 0.60 -0.60 0.38 -0.15

Competitive Comparison of Mahan Industries's Gross Profit

For the Asset Management subindustry, Mahan Industries'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.


Mahan Industries's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mahan Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mahan Industries's Gross Profit falls into.



Mahan Industries Gross Profit Calculation

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

Mahan Industries'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
=7.127 - 5.951
=1.18

Mahan Industries's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=3.021 - 3.168
=-0.15

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.23 Mil.

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

Mahan Industries's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.15 / 3.021
=-4.87 %

* 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.


Mahan Industries  (BOM:531515) 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

Mahan Industries had a gross margin of -4.87% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Mahan Industries Gross Profit Related Terms

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Mahan Industries Business Description

Traded in Other Exchanges
N/A
Address
Near Mithakhali Under Bridge, 3rd Floor, D. K. House, Mithakhali, Ahmedabad, GJ, IND, 380006
Mahan Industries Ltd is an investment company. It is engaged in the business of investment in quoted and unquoted shares and trading in shares. The company provides equity capital to the companies and also offers loans and debts to companies, business entities and high net worth individuals. The company invests in middle-market companies.

Mahan Industries Headlines

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