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Palco Metals (BOM:539121) Gross Profit : ₹121 Mil (TTM As of Mar. 2024)


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What is Palco Metals Gross Profit?

Palco Metals's gross profit for the three months ended in Mar. 2024 was ₹54 Mil. Palco Metals's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹121 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Palco Metals's gross profit for the three months ended in Mar. 2024 was ₹54 Mil. Palco Metals's Revenue for the three months ended in Mar. 2024 was ₹607 Mil. Therefore, Palco Metals's Gross Margin % for the quarter that ended in Mar. 2024 was 8.85%.

Palco Metals had a gross margin of 8.85% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Palco Metals was 7.88%. The lowest was 5.20%. And the median was 6.35%.

Warning Sign:

Palco Metals Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


Palco Metals Gross Profit Historical Data

The historical data trend for Palco Metals'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.

Palco Metals Gross Profit Chart

Palco Metals 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 45.88 59.48 136.72 83.05 121.11

Palco Metals 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 18.45 17.09 27.05 23.25 53.72

Competitive Comparison of Palco Metals's Gross Profit

For the Aluminum subindustry, Palco Metals'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.


Palco Metals's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Palco Metals's Gross Profit distribution charts can be found below:

* The bar in red indicates where Palco Metals's Gross Profit falls into.



Palco Metals Gross Profit Calculation

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

Palco Metals'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
=1940.771 - 1819.665
=121

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=607.225 - 553.507
=54

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 ₹121 Mil.

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

Palco Metals'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
=54 / 607.225
=8.85 %

* 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.


Palco Metals  (BOM:539121) 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

Palco Metals had a gross margin of 8.85% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Palco Metals Gross Profit Related Terms

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Palco Metals (BOM:539121) Business Description

Traded in Other Exchanges
N/A
Address
CTM- Ramol Road, Block No. 1715, Saiprasad Industrial Park-II, Besides Ramol Police Station, Ramol, Ahmedabad, GJ, IND, 382449
Palco Metals Ltd is an India-based company. The company is engaged in manufacturing wire rods of various grades, conductors, and cables. Its product includes Aluminum Ingot; Aluminum Notch Bar; Aluminum Cubes; Aluminum Shots; Aluminum Powder; Aluminum Alloys; EC Grade Wire Rod; Alloy Grade for Conductors; Commercial Alloys Grade Wire Rod for Steel Plants; All Aluminum Conductor (AAC); Aluminum Conductor Steel Reinforced (ACSR) Conductor; All Aluminum Alloy Conductor (AAAC); PALCO PVC Cables; Industrial Power Cables; House Wiring Cables; Industrial Control Cables; FRLS (flame retardant low smoke cables) Cables; Flexible Cables; Flat Cables and XLPE Cables.

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