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Mufin Green Finance (BOM:542774) Gross Profit : ₹391 Mil (TTM As of Dec. 2024)


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What is Mufin Green Finance Gross Profit?

Mufin Green Finance's gross profit for the three months ended in Dec. 2024 was ₹133 Mil. Mufin Green Finance's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₹391 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mufin Green Finance's gross profit for the three months ended in Dec. 2024 was ₹133 Mil. Mufin Green Finance's Revenue for the three months ended in Dec. 2024 was ₹485 Mil. Therefore, Mufin Green Finance's Gross Margin % for the quarter that ended in Dec. 2024 was 27.45%.

Mufin Green Finance had a gross margin of 27.45% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Mufin Green Finance was 98.52%. The lowest was 25.05%. And the median was 87.20%.

Warning Sign:

Mufin Green Finance Ltd gross margin has been in long-term decline. The average rate of decline per year is -17%.


Mufin Green Finance Gross Profit Historical Data

The historical data trend for Mufin Green Finance'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.

Mufin Green Finance Gross Profit Chart

Mufin Green Finance Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 9.44 50.78 149.00 190.70 295.43

Mufin Green Finance Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 98.42 26.93 106.34 125.05 133.14

Competitive Comparison of Mufin Green Finance's Gross Profit

For the Credit Services subindustry, Mufin Green Finance'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.


Mufin Green Finance's Gross Profit Distribution in the Credit Services Industry

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

* The bar in red indicates where Mufin Green Finance's Gross Profit falls into.


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Mufin Green Finance Gross Profit Calculation

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

Mufin Green Finance'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
=902.706 - 607.277
=295

Mufin Green Finance's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=484.97 - 351.835
=133

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹391 Mil.

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

Mufin Green Finance's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=133 / 484.97
=27.45 %

* 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.


Mufin Green Finance  (BOM:542774) 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

Mufin Green Finance had a gross margin of 27.45% for the quarter that ended in Dec. 2024 => Competition eroding margins


Mufin Green Finance Gross Profit Related Terms

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Mufin Green Finance Business Description

Traded in Other Exchanges
Address
201, 2nd Floor, Best Sky Tower, Netaji Subhash Place, New Delhi, IND, 110034
Mufin Green Finance Ltd is an Indian non-banking finance company. The company provides financial services. The company has only one line of business that is Financing and Investment Activities. It derives revenue mainly from interest income.

Mufin Green Finance Headlines

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