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Cambridge Technology Enterprises (BOM:532801) Gross Profit : ₹387 Mil (TTM As of Mar. 2024)


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What is Cambridge Technology Enterprises Gross Profit?

Cambridge Technology Enterprises's gross profit for the three months ended in Mar. 2024 was ₹145 Mil. Cambridge Technology Enterprises's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹387 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cambridge Technology Enterprises's gross profit for the three months ended in Mar. 2024 was ₹145 Mil. Cambridge Technology Enterprises's Revenue for the three months ended in Mar. 2024 was ₹571 Mil. Therefore, Cambridge Technology Enterprises's Gross Margin % for the quarter that ended in Mar. 2024 was 25.35%.

Cambridge Technology Enterprises had a gross margin of 25.35% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Cambridge Technology Enterprises was 53.26%. The lowest was 18.79%. And the median was 29.00%.

Warning Sign:

Cambridge Technology Enterprises Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.4%.


Cambridge Technology Enterprises Gross Profit Historical Data

The historical data trend for Cambridge Technology Enterprises'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.

Cambridge Technology Enterprises Gross Profit Chart

Cambridge Technology Enterprises 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 239.03 281.39 265.54 354.56 387.41

Cambridge Technology Enterprises 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 120.45 39.77 29.44 173.52 144.68

Competitive Comparison of Cambridge Technology Enterprises's Gross Profit

For the Information Technology Services subindustry, Cambridge Technology Enterprises'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.


Cambridge Technology Enterprises's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Cambridge Technology Enterprises's Gross Profit distribution charts can be found below:

* The bar in red indicates where Cambridge Technology Enterprises's Gross Profit falls into.



Cambridge Technology Enterprises Gross Profit Calculation

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

Cambridge Technology Enterprises'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
=2062.275 - 1674.866
=387

Cambridge Technology Enterprises's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=570.699 - 426.016
=145

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 ₹387 Mil.

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

Cambridge Technology Enterprises'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
=145 / 570.699
=25.35 %

* 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.


Cambridge Technology Enterprises  (BOM:532801) 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

Cambridge Technology Enterprises had a gross margin of 25.35% for the quarter that ended in Mar. 2024 => Competition eroding margins


Cambridge Technology Enterprises Gross Profit Related Terms

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Cambridge Technology Enterprises (BOM:532801) Business Description

Traded in Other Exchanges
Address
Image Gardens Road, Survey No.72, 4th Floor, Unit no. 403B & 404, Capital Park, Plot No. 1-98/4/1-13, 28 & 29, Madhapur, Hyderabad, TG, IND, 500 081
Cambridge Technology Enterprises Ltd is a business and technology company. It is engaged in software development and information technology (IT) related activities. The company offers various services, which include AI and data, application services, IOT services, and infrastructure and cloud services. The group derives revenue from India, the USA, Malaysia, and others, of which prime revenue is generated from the USA.

Cambridge Technology Enterprises (BOM:532801) Headlines

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