Aeroflex Industries's gross profit for the
six
months ended in Mar. 2024 was ₹563 Mil. Aeroflex Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,165 Mil.
Aeroflex Industries had a gross margin of 37.30% for the quarter that ended in Mar. 2024 => Competition eroding margins
During the past 5 years, the highestGross Margin % of Aeroflex Industries was 36.65%. The lowest was 31.49%. And the median was 33.04%.
Aeroflex Industries Gross Profit Historical Data
The historical data trend for Aeroflex Industries'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 Aeroflex Industries's Gross Profit
For the Metal Fabrication subindustry, Aeroflex Industries'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.
Aeroflex Industries's Gross Profit Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Aeroflex Industries's Gross Profit distribution charts can be found below:
* The bar in red indicates where Aeroflex Industries's Gross Profit falls into.
Aeroflex Industries Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Aeroflex Industries'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 semi-annually data reported by the company within the most recent 12 months, which was ₹1,165 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
Aeroflex Industries had a gross margin of 37.30% for the quarter that ended in Mar. 2024 => Competition eroding margins
Aeroflex Industries Gross Profit Related Terms
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Aeroflex Industries (BOM:543972) Business Description
Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.
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