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Superior Finlease (BOM:539835) Gross Profit : ₹2.93 Mil (TTM As of Sep. 2024)


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What is Superior Finlease Gross Profit?

Superior Finlease's gross profit for the three months ended in Sep. 2024 was ₹1.38 Mil. Superior Finlease's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹2.93 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Superior Finlease's gross profit for the three months ended in Sep. 2024 was ₹1.38 Mil. Superior Finlease's Revenue for the three months ended in Sep. 2024 was ₹2.28 Mil. Therefore, Superior Finlease's Gross Margin % for the quarter that ended in Sep. 2024 was 60.58%.

Superior Finlease had a gross margin of 60.58% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Superior Finlease was 92.52%. The lowest was 13.54%. And the median was 76.17%.

Warning Sign:

Superior Finlease Ltd gross margin has been in long-term decline. The average rate of decline per year is -28.5%.


Superior Finlease Gross Profit Historical Data

The historical data trend for Superior Finlease'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.

Superior Finlease Gross Profit Chart

Superior Finlease 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 7.55 27.79 6.78 4.06 1.27

Superior Finlease Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.39 0.38 0.33 0.84 1.38

Competitive Comparison of Superior Finlease's Gross Profit

For the Credit Services subindustry, Superior Finlease'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.


Superior Finlease's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Superior Finlease's Gross Profit distribution charts can be found below:

* The bar in red indicates where Superior Finlease's Gross Profit falls into.



Superior Finlease Gross Profit Calculation

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

Superior Finlease'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
=9.373 - 8.104
=1.27

Superior Finlease's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=2.283 - 0.9
=1.38

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2.93 Mil.

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

Superior Finlease's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.38 / 2.283
=60.58 %

* 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.


Superior Finlease  (BOM:539835) 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

Superior Finlease had a gross margin of 60.58% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Superior Finlease Gross Profit Related Terms

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Superior Finlease Business Description

Traded in Other Exchanges
N/A
Address
Ranaji Enclave, NS-92, Khasra No-33/21, Near Arjun Park Bus Stand, Najafgarh, New Delhi, IND, 110043
Superior Finlease Ltd is an India-based company non-banking financial company. The business of the company is to finance industrial enterprises or other persons by way of lending and advancing money.

Superior Finlease Headlines

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