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Beekay Steel Industries (BOM:539018) Gross Profit : ₹2,740 Mil (TTM As of Mar. 2024)


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What is Beekay Steel Industries Gross Profit?

Beekay Steel Industries's gross profit for the three months ended in Mar. 2024 was ₹714 Mil. Beekay Steel Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹2,740 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beekay Steel Industries's gross profit for the three months ended in Mar. 2024 was ₹714 Mil. Beekay Steel Industries's Revenue for the three months ended in Mar. 2024 was ₹2,534 Mil. Therefore, Beekay Steel Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 28.19%.

Beekay Steel Industries had a gross margin of 28.19% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Beekay Steel Industries was 27.38%. The lowest was 12.13%. And the median was 16.41%.


Beekay Steel Industries Gross Profit Historical Data

The historical data trend for Beekay Steel 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.

Beekay Steel Industries Gross Profit Chart

Beekay Steel 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 1,256.20 1,368.81 1,811.38 3,028.45 2,739.80

Beekay Steel Industries 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 741.91 716.56 634.05 674.91 714.28

Competitive Comparison of Beekay Steel Industries's Gross Profit

For the Steel subindustry, Beekay Steel 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.


Beekay Steel Industries's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Beekay Steel Industries's Gross Profit distribution charts can be found below:

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



Beekay Steel Industries Gross Profit Calculation

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

Beekay Steel 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
=10005.03 - 7265.235
=2,740

Beekay Steel Industries's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2533.749 - 1819.471
=714

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 ₹2,740 Mil.

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

Beekay Steel Industries'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
=714 / 2533.749
=28.19 %

* 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.


Beekay Steel Industries  (BOM:539018) 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

Beekay Steel Industries had a gross margin of 28.19% for the quarter that ended in Mar. 2024 => Competition eroding margins


Beekay Steel Industries Gross Profit Related Terms

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Beekay Steel Industries (BOM:539018) Business Description

Traded in Other Exchanges
N/A
Address
2/1A, Sarat Bose Road, Lansdowne Towers, 4th Floor, Kolkata, WB, IND, 700020
Beekay Steel Industries Ltd is engaged in the business of producing steel products. It operates in the business segment of Rolling of iron and steel. Its products include Sections including flats, rounds, squares, RCS, hexagonals, octagonals, and trapezium; Bright Bars including flats, rounds, squares, and hexagonals; Structurals including angles, channels, i-beams, and h-beams; TMT bars; and coil springs. The company derives revenues from the sale of manufactured goods, traded goods and related services.

Beekay Steel Industries (BOM:539018) Headlines

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