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Atul Auto (NSE:ATULAUTO) Gross Profit : ₹1,460 Mil (TTM As of Mar. 2024)


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What is Atul Auto Gross Profit?

Atul Auto's gross profit for the three months ended in Mar. 2024 was ₹400 Mil. Atul Auto's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,460 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Atul Auto's gross profit for the three months ended in Mar. 2024 was ₹400 Mil. Atul Auto's Revenue for the three months ended in Mar. 2024 was ₹1,582 Mil. Therefore, Atul Auto's Gross Margin % for the quarter that ended in Mar. 2024 was 25.30%.

Atul Auto had a gross margin of 25.30% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Atul Auto was 28.18%. The lowest was 17.59%. And the median was 26.78%.


Atul Auto Gross Profit Historical Data

The historical data trend for Atul Auto'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.

Atul Auto Gross Profit Chart

Atul Auto Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,666.30 510.70 662.70 1,351.40 1,460.40

Atul Auto Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 419.40 192.00 464.50 403.70 400.20

Competitive Comparison of Atul Auto's Gross Profit

For the Auto Manufacturers subindustry, Atul Auto'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.


Atul Auto's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atul Auto's Gross Profit distribution charts can be found below:

* The bar in red indicates where Atul Auto's Gross Profit falls into.



Atul Auto Gross Profit Calculation

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

Atul Auto'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
=5182.6 - 3722.2
=1,460

Atul Auto's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1581.7 - 1181.5
=400

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 ₹1,460 Mil.

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

Atul Auto's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=400 / 1581.7
=25.30 %

* 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.


Atul Auto  (NSE:ATULAUTO) 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

Atul Auto had a gross margin of 25.30% for the quarter that ended in Mar. 2024 => Competition eroding margins


Atul Auto Gross Profit Related Terms

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Atul Auto (NSE:ATULAUTO) Business Description

Traded in Other Exchanges
Address
National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1 - 4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024
Atul Auto Ltd is an Indian-based automobile manufacturing company. It manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the following segment namely Automotive Vehicles and Parts and Non-Banking Financial Business.

Atul Auto (NSE:ATULAUTO) Headlines

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