Samrat Forgings's gross profit for the
three
months ended in Mar. 2024 was ₹204 Mil. Samrat Forgings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹844 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Samrat Forgings's gross profit for the
three
months ended in Mar. 2024 was ₹204 Mil. Samrat Forgings's Revenue for the
three
months ended in Mar. 2024 was ₹394 Mil. Therefore, Samrat Forgings's Gross Margin % for the quarter that ended in Mar. 2024 was 51.68%.
Samrat Forgings had a gross margin of 51.68% for the quarter that ended in Mar. 2024 => Durable competitive advantage
During the past 11 years, the highestGross Margin % of Samrat Forgings was 52.10%. The lowest was 23.64%. And the median was 28.51%.
Samrat Forgings Gross Profit Historical Data
The historical data trend for Samrat Forgings'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.
Competitive Comparison of Samrat Forgings's Gross Profit
For the Industrial Distribution subindustry, Samrat Forgings'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.
Samrat Forgings's Gross Profit Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Samrat Forgings's Gross Profit distribution charts can be found below:
* The bar in red indicates where Samrat Forgings's Gross Profit falls into.
Samrat Forgings Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Samrat Forgings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as
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 ₹844 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Samrat Forgings had a gross margin of 51.68% for the quarter that ended in Mar. 2024 => Durable competitive advantage
Samrat Forgings Gross Profit Related Terms
Thank you for viewing the detailed overview of Samrat Forgings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Samrat Forgings Ltd is a supplier of quality forging equipment in India. It offers farm equipment, locomotive equipment, automotive equipment, earth moving and construction equipment, and others.
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