GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ratnabhumi Developers Ltd (BOM:540796) » Definitions » Gross Profit

Ratnabhumi Developers (BOM:540796) Gross Profit : ₹493 Mil (TTM As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Ratnabhumi Developers Gross Profit?

Ratnabhumi Developers's gross profit for the three months ended in Sep. 2024 was ₹108 Mil. Ratnabhumi Developers's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹493 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ratnabhumi Developers's gross profit for the three months ended in Sep. 2024 was ₹108 Mil. Ratnabhumi Developers's Revenue for the three months ended in Sep. 2024 was ₹805 Mil. Therefore, Ratnabhumi Developers's Gross Margin % for the quarter that ended in Sep. 2024 was 13.41%.

Ratnabhumi Developers had a gross margin of 13.41% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 12 years, the highest Gross Margin % of Ratnabhumi Developers was 21522.66%. The lowest was 32.24%. And the median was 54.99%.


Ratnabhumi Developers Gross Profit Historical Data

The historical data trend for Ratnabhumi Developers'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.

Ratnabhumi Developers Gross Profit Chart

Ratnabhumi Developers 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 9.70 15.72 70.02 356.75 475.01

Ratnabhumi Developers Quarterly Data
Sep19 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 114.64 137.58 137.94 109.37 107.92

Competitive Comparison of Ratnabhumi Developers's Gross Profit

For the Real Estate Services subindustry, Ratnabhumi Developers'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.


Ratnabhumi Developers's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ratnabhumi Developers's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ratnabhumi Developers's Gross Profit falls into.



Ratnabhumi Developers Gross Profit Calculation

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

Ratnabhumi Developers'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
=2.207 - -472.798
=475

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=804.855 - 696.931
=108

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 ₹493 Mil.

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

Ratnabhumi Developers'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
=108 / 804.855
=13.41 %

* 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.


Ratnabhumi Developers  (BOM:540796) 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

Ratnabhumi Developers had a gross margin of 13.41% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Ratnabhumi Developers Gross Profit Related Terms

Thank you for viewing the detailed overview of Ratnabhumi Developers's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Ratnabhumi Developers Business Description

Traded in Other Exchanges
N/A
Address
Ambli - Bopal Road, Ratna Corporate House, Near Santoor Bungalows, Opposite lane of Parswa laxuria, Ahmedabad, GJ, IND, 380 058
Ratnabhumi Developers Ltd is engaged in the provision of real estate development services. The Company is involved in the business of construction of buildings and other construction-related services and renting services. Its experience varies from land acquisition, authority liaisoning, planned development, identification of project types and locations as well as construction, development, and maintenance of projects commissioned under residential, commercial, retail, plotting, or industrial.

Ratnabhumi Developers Headlines

No Headlines