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Prime Fresh (BOM:540404) Gross Profit : ₹378 Mil (TTM As of Mar. 2024)


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What is Prime Fresh Gross Profit?

Prime Fresh's gross profit for the six months ended in Mar. 2024 was ₹197 Mil. Prime Fresh's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹378 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Prime Fresh's gross profit for the six months ended in Mar. 2024 was ₹197 Mil. Prime Fresh's Revenue for the six months ended in Mar. 2024 was ₹841 Mil. Therefore, Prime Fresh's Gross Margin % for the quarter that ended in Mar. 2024 was 23.42%.

Prime Fresh had a gross margin of 23.42% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Prime Fresh was 38.58%. The lowest was 18.06%. And the median was 23.86%.


Prime Fresh Gross Profit Historical Data

The historical data trend for Prime Fresh'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.

Prime Fresh Gross Profit Chart

Prime Fresh 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 93.26 121.49 139.46 290.20 377.54

Prime Fresh Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 66.87 126.14 164.07 180.66 196.88

Competitive Comparison of Prime Fresh's Gross Profit

For the Food Distribution subindustry, Prime Fresh'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.


Prime Fresh's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Prime Fresh's Gross Profit distribution charts can be found below:

* The bar in red indicates where Prime Fresh's Gross Profit falls into.



Prime Fresh Gross Profit Calculation

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

Prime Fresh'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
=1492.09 - 1114.548
=378

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=840.606 - 643.728
=197

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹378 Mil.

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

Prime Fresh'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
=197 / 840.606
=23.42 %

* 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.


Prime Fresh  (BOM:540404) 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

Prime Fresh had a gross margin of 23.42% for the quarter that ended in Mar. 2024 => Competition eroding margins


Prime Fresh Gross Profit Related Terms

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Prime Fresh (BOM:540404) Business Description

Traded in Other Exchanges
N/A
Address
102, Sanskar - 2, Polytechnic Road, Near Ketav Petrol Pump, Ambawadi, Ahmedabad, GJ, IND, 380015
Prime Fresh Ltd is an integrated Agri value chain institution in the domestic and international agricultural trade. The company is engaged in the procurement and distribution of Fruits and Vegetables. It focuses on sourcing, handling, grading, sorting, warehousing, packing, ripening, branding, warehousing, delivery of fruits and vegetables and manpower management. The group sells its products in India and also exports it to other countries, of which a majority of revenue is derived from the sales made in India.

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