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AMIC Forging (BOM:544037) Gross Profit : ₹250 Mil (TTM As of Sep. 2024)


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What is AMIC Forging Gross Profit?

AMIC Forging's gross profit for the six months ended in Sep. 2024 was ₹196 Mil. AMIC Forging's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹250 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. AMIC Forging's gross profit for the six months ended in Sep. 2024 was ₹196 Mil. AMIC Forging's Revenue for the six months ended in Sep. 2024 was ₹637 Mil. Therefore, AMIC Forging's Gross Margin % for the quarter that ended in Sep. 2024 was 30.72%.

AMIC Forging had a gross margin of 30.72% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of AMIC Forging was 18.09%. The lowest was 4.60%. And the median was 10.89%.


AMIC Forging Gross Profit Historical Data

The historical data trend for AMIC Forging'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.

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AMIC Forging Gross Profit Chart

AMIC Forging Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Profit
21.36 32.70 158.63 212.61

AMIC Forging Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Gross Profit Get a 7-Day Free Trial - - 158.07 54.54 195.59

Competitive Comparison of AMIC Forging's Gross Profit

For the Metal Fabrication subindustry, AMIC Forging'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.


AMIC Forging's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMIC Forging's Gross Profit distribution charts can be found below:

* The bar in red indicates where AMIC Forging's Gross Profit falls into.


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AMIC Forging Gross Profit Calculation

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

AMIC Forging'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
=1261.467 - 1048.856
=213

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=636.681 - 441.09
=196

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹250 Mil.

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

AMIC Forging'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
=196 / 636.681
=30.72 %

* 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.


AMIC Forging  (BOM:544037) 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

AMIC Forging had a gross margin of 30.72% for the quarter that ended in Sep. 2024 => Competition eroding margins


AMIC Forging Gross Profit Related Terms

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AMIC Forging Business Description

Traded in Other Exchanges
N/A
Address
3A, Garstin Place, 2nd Floor, Kolkata, WB, IND, 700001
AMIC Forging Ltd is engaged in the manufacturing of forged components. It manufactures precision machined components catering to various industries such as heavy Engineering, Steel Industry, Oil and gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar, and other related industries. It manufactures different forging components such as Gear Couplings, Roller Shaft, Brake Drum, Hook and other products as per international standards like AISI, BS, IS, DIN, etc.

AMIC Forging Headlines

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