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Time Technoplast (BOM:532856) Gross Profit : ₹14,974 Mil (TTM As of Dec. 2024)


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What is Time Technoplast Gross Profit?

Time Technoplast's gross profit for the three months ended in Dec. 2024 was ₹4,060 Mil. Time Technoplast's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹14,974 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Time Technoplast's gross profit for the three months ended in Dec. 2024 was ₹4,060 Mil. Time Technoplast's Revenue for the three months ended in Dec. 2024 was ₹13,877 Mil. Therefore, Time Technoplast's Gross Margin % for the quarter that ended in Dec. 2024 was 29.26%.

Time Technoplast had a gross margin of 29.26% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Time Technoplast was 27.82%. The lowest was 24.66%. And the median was 25.22%.


Time Technoplast Gross Profit Historical Data

The historical data trend for Time Technoplast'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.

Time Technoplast Gross Profit Chart

Time Technoplast 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 8,918.41 7,457.76 8,999.86 11,697.69 13,660.03

Time Technoplast 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 3,743.90 3,582.63 3,466.80 3,864.90 4,059.90

Competitive Comparison of Time Technoplast's Gross Profit

For the Packaging & Containers subindustry, Time Technoplast'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.


Time Technoplast's Gross Profit Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Time Technoplast's Gross Profit falls into.


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Time Technoplast Gross Profit Calculation

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

Time Technoplast'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
=49925.007 - 36264.977
=13,660

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=13877.4 - 9817.5
=4,060

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 ₹14,974 Mil.

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

Time Technoplast'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
=4,060 / 13877.4
=29.26 %

* 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.


Time Technoplast  (BOM:532856) 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

Time Technoplast had a gross margin of 29.26% for the quarter that ended in Dec. 2024 => Competition eroding margins


Time Technoplast Gross Profit Related Terms

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Time Technoplast Business Description

Traded in Other Exchanges
Address
55, Corporate Avenue, Saki Vihar Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400072
Time Technoplast Ltd is a packaging solutions provider. It offers industrial packaging products, infrastructure products, technical products, material handling products, and composite cylinders. Its services are divided into two groups; Polymer and Composite products. The Polymer segment is the company's core segment and generates maximum revenues. The Composite products segment provides products such as pressure pipes, prefabricated shelters, and energy storage devices. Apart from India. It has operational footprints in UAE, Bahrain, Egypt, Thailand, Vietnam, Malaysia, Indonesia, the United States, and Taiwan.

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