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Polyspin Exports (BOM:539354) Gross Profit : ₹785 Mil (TTM As of Mar. 2024)


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What is Polyspin Exports Gross Profit?

Polyspin Exports's gross profit for the three months ended in Mar. 2024 was ₹180 Mil. Polyspin Exports's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹785 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Polyspin Exports's gross profit for the three months ended in Mar. 2024 was ₹180 Mil. Polyspin Exports's Revenue for the three months ended in Mar. 2024 was ₹489 Mil. Therefore, Polyspin Exports's Gross Margin % for the quarter that ended in Mar. 2024 was 36.74%.

Polyspin Exports had a gross margin of 36.74% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Polyspin Exports was 41.05%. The lowest was 21.80%. And the median was 26.40%.


Polyspin Exports Gross Profit Historical Data

The historical data trend for Polyspin Exports'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.

Polyspin Exports Gross Profit Chart

Polyspin Exports 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 457.75 587.50 720.19 854.76 780.95

Polyspin Exports 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 193.63 189.61 231.68 184.40 179.60

Competitive Comparison of Polyspin Exports's Gross Profit

For the Packaging & Containers subindustry, Polyspin Exports'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.


Polyspin Exports's Gross Profit Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Polyspin Exports's Gross Profit falls into.



Polyspin Exports Gross Profit Calculation

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

Polyspin Exports'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
=2022.132 - 1241.179
=781

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=488.787 - 309.185
=180

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 ₹785 Mil.

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

Polyspin Exports'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
=180 / 488.787
=36.74 %

* 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.


Polyspin Exports  (BOM:539354) 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

Polyspin Exports had a gross margin of 36.74% for the quarter that ended in Mar. 2024 => Competition eroding margins


Polyspin Exports Gross Profit Related Terms

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Polyspin Exports (BOM:539354) Business Description

Traded in Other Exchanges
N/A
Address
1, Railway Feeder Road, Cholapuram South, Rajapalayam, TN, IND, 626139
Polyspin Exports Ltd is engaged in the manufacturing, selling, and export of polypropylene woven flexible intermediate bulk container bags. It offers products, such as Baffle/Q bags, Tubular coated bags, Asbestos plate bags, Normal u-panel bags, Container bags, Full discharge bags, One/two-loop bags, Single/double/triple sift-proof bags, UN certified bags, Under sling bags, and Circular bulk bags. The segments of the group are FIBC Bags, Fabric, Yarn, which is the prime revenue driver; and Cotton Yarn. The group sells its products in India and also exports it to the other countries.

Polyspin Exports (BOM:539354) Headlines

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