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Ashoka Buildcon (BOM:533271) Gross Profit : ₹29,894 Mil (TTM As of Mar. 2024)


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What is Ashoka Buildcon Gross Profit?

Ashoka Buildcon's gross profit for the three months ended in Mar. 2024 was ₹8,270 Mil. Ashoka Buildcon's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹29,894 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ashoka Buildcon's gross profit for the three months ended in Mar. 2024 was ₹8,270 Mil. Ashoka Buildcon's Revenue for the three months ended in Mar. 2024 was ₹30,519 Mil. Therefore, Ashoka Buildcon's Gross Margin % for the quarter that ended in Mar. 2024 was 27.10%.

Ashoka Buildcon had a gross margin of 27.10% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ashoka Buildcon was 68.19%. The lowest was 30.51%. And the median was 37.24%.

Warning Sign:

Ashoka Buildcon Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


Ashoka Buildcon Gross Profit Historical Data

The historical data trend for Ashoka Buildcon'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.

Ashoka Buildcon Gross Profit Chart

Ashoka Buildcon 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 17,929.74 17,192.17 22,885.54 25,391.27 29,893.68

Ashoka Buildcon 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 7,230.89 6,681.44 7,266.45 7,675.43 8,270.36

Competitive Comparison of Ashoka Buildcon's Gross Profit

For the Engineering & Construction subindustry, Ashoka Buildcon'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.


Ashoka Buildcon's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ashoka Buildcon's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ashoka Buildcon's Gross Profit falls into.



Ashoka Buildcon Gross Profit Calculation

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

Ashoka Buildcon'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
=97984.622 - 68090.946
=29,894

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=30518.698 - 22248.338
=8,270

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 ₹29,894 Mil.

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

Ashoka Buildcon'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
=8,270 / 30518.698
=27.10 %

* 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.


Ashoka Buildcon  (BOM:533271) 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

Ashoka Buildcon had a gross margin of 27.10% for the quarter that ended in Mar. 2024 => Competition eroding margins


Ashoka Buildcon Gross Profit Related Terms

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Ashoka Buildcon (BOM:533271) Business Description

Traded in Other Exchanges
Address
Ashoka Marg, S. No. 861, Ashoka House, Vadala, Nashik, MH, IND, 422011
Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities includes Engineering, Procurement and Construction activity of infra projects, Build operate and transfer includes Annuity to develop infra developer under BOT & Annuity, and Sale of Goods consist mainly Sale of construction material which includes RMC and Real estate. The company has its business operations across India. The majority of the revenue is generated from construction and contract-related activity.

Ashoka Buildcon (BOM:533271) Headlines

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