GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Art Nirman Ltd (NSE:ARTNIRMAN) » Definitions » Gross Profit

Art Nirman (NSE:ARTNIRMAN) Gross Profit : ₹106.9 Mil (TTM As of Mar. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Art Nirman Gross Profit?

Art Nirman's gross profit for the six months ended in Mar. 2023 was ₹56.6 Mil. Art Nirman's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was ₹106.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Art Nirman's gross profit for the six months ended in Mar. 2023 was ₹56.6 Mil. Art Nirman's Revenue for the six months ended in Mar. 2023 was ₹126.9 Mil. Therefore, Art Nirman's Gross Margin % for the quarter that ended in Mar. 2023 was 44.59%.

Art Nirman had a gross margin of 44.59% for the quarter that ended in Mar. 2023 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Art Nirman was 184.57%. The lowest was 0.76%. And the median was 48.15%.

Warning Sign:

Art Nirman Ltd gross margin has been in long-term decline. The average rate of decline per year is -42.2%.


Art Nirman Gross Profit Historical Data

The historical data trend for Art Nirman'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.

Art Nirman Gross Profit Chart

Art Nirman Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 343.73 291.44 130.47 2.77 106.87

Art Nirman Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 52.29 31.72 -28.95 50.28 56.59

Competitive Comparison of Art Nirman's Gross Profit

For the Real Estate - Development subindustry, Art Nirman'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.


Art Nirman's Gross Profit Distribution in the Real Estate Industry

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

* The bar in red indicates where Art Nirman's Gross Profit falls into.



Art Nirman Gross Profit Calculation

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

Art Nirman's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=197.168 - 90.299
=106.9

Art Nirman's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=126.925 - 70.332
=56.6

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹106.9 Mil.

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

Art Nirman's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=56.6 / 126.925
=44.59 %

* 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.


Art Nirman  (NSE:ARTNIRMAN) 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

Art Nirman had a gross margin of 44.59% for the quarter that ended in Mar. 2023 => Durable competitive advantage


Art Nirman Gross Profit Related Terms

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


Art Nirman (NSE:ARTNIRMAN) Business Description

Traded in Other Exchanges
N/A
Address
Science City Main Road, 410, JBR Arcade, Sola, Ahmedabad, GJ, IND, 380060
Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.

Art Nirman (NSE:ARTNIRMAN) Headlines

No Headlines