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Smruthi Organics (BOM:540686) Gross Profit : ₹553 Mil (TTM As of Mar. 2024)


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What is Smruthi Organics Gross Profit?

Smruthi Organics's gross profit for the three months ended in Mar. 2024 was ₹152 Mil. Smruthi Organics's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹553 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Smruthi Organics's gross profit for the three months ended in Mar. 2024 was ₹152 Mil. Smruthi Organics's Revenue for the three months ended in Mar. 2024 was ₹397 Mil. Therefore, Smruthi Organics's Gross Margin % for the quarter that ended in Mar. 2024 was 38.43%.

Smruthi Organics had a gross margin of 38.43% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Smruthi Organics was 45.02%. The lowest was 29.07%. And the median was 36.02%.


Smruthi Organics Gross Profit Historical Data

The historical data trend for Smruthi Organics'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.

Smruthi Organics Gross Profit Chart

Smruthi Organics 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 439.11 559.59 507.52 495.64 552.89

Smruthi Organics 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 130.98 146.83 152.73 100.93 152.39

Competitive Comparison of Smruthi Organics's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Smruthi Organics'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.


Smruthi Organics's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Smruthi Organics's Gross Profit distribution charts can be found below:

* The bar in red indicates where Smruthi Organics's Gross Profit falls into.



Smruthi Organics Gross Profit Calculation

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

Smruthi Organics'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
=1276.431 - 723.543
=553

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=396.577 - 244.186
=152

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 ₹553 Mil.

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

Smruthi Organics'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
=152 / 396.577
=38.43 %

* 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.


Smruthi Organics  (BOM:540686) 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

Smruthi Organics had a gross margin of 38.43% for the quarter that ended in Mar. 2024 => Competition eroding margins


Smruthi Organics Gross Profit Related Terms

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Smruthi Organics (BOM:540686) Business Description

Traded in Other Exchanges
N/A
Address
165-A, Balaji Bhavan, 1st Floor, Railway Lines, Solapur, MH, IND, 413 001
Smruthi Organics Ltd is engaged in the manufacture of bulk drugs and drug intermediates (API Products). The product portfolio includes Amlodipine Besilate, Amlodipine Base, S-Amlodipine Besilate, S-Amlodipine Base, Norfloxacin, Metformin HCI, Diloxanide Furoate, Phthaloyl Amlodipine, Pantoprazole Sodium, Pefloxacin Mesylate Dihydrate, Telmisartan, Losartan Potassium and many more. It has two segments Bulk Drugs and Drugs Intermediates (API) and Formulation. it generates the majority of its revenue from the Bulk Drugs and Drugs Intermediates (API) segment.

Smruthi Organics (BOM:540686) Headlines

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