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Exide Industries (NSE:EXIDEIND) Gross Profit : ₹48,149 Mil (TTM As of Dec. 2023)


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What is Exide Industries Gross Profit?

Exide Industries's gross profit for the three months ended in Dec. 2023 was ₹13,103 Mil. Exide Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹48,149 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Exide Industries's gross profit for the three months ended in Dec. 2023 was ₹13,103 Mil. Exide Industries's Revenue for the three months ended in Dec. 2023 was ₹39,798 Mil. Therefore, Exide Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 32.92%.

Exide Industries had a gross margin of 32.92% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Exide Industries was 51.68%. The lowest was 29.75%. And the median was 47.81%.

Warning Sign:

Exide Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.8%.


Exide Industries Gross Profit Historical Data

The historical data trend for Exide 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.

* Premium members only.

Exide Industries Gross Profit Chart

Exide Industries 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 64,034.30 66,465.40 35,019.10 38,934.30 44,562.50

Exide Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11,473.70 8,639.70 12,433.50 13,973.10 13,102.80

Competitive Comparison of Exide Industries's Gross Profit

For the Auto Parts subindustry, Exide 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.


Exide Industries's Gross Profit Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Exide Industries's Gross Profit falls into.



Exide Industries Gross Profit Calculation

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

Exide Industries'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
=149807.3 - 105244.8
=44,563

Exide Industries's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=39798.3 - 26695.5
=13,103

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹48,149 Mil.

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

Exide Industries's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=13,103 / 39798.3
=32.92 %

* 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.


Exide Industries  (NSE:EXIDEIND) 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

Exide Industries had a gross margin of 32.92% for the quarter that ended in Dec. 2023 => Competition eroding margins


Exide Industries Gross Profit Related Terms

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Exide Industries (NSE:EXIDEIND) Business Description

Traded in Other Exchanges
Address
59E, Chowringhee Road, Exide House, Kolkata, WB, IND, 700 020
Exide Industries Ltd is an Indian manufacturer of batteries sold under the Exide brand. The company is an original equipment and aftermarket parts supplier of batteries for automotive companies operating out of India, including Mitsubishi, Hyundai, Honda, Toyota, Fiat, Renault, GM, Mahindra, Tata, Bajaj, Suzuki, and Hero. Exide Industries also provides batteries to the power, telecommunications, infrastructure, computer, railways, mining, and defense sectors. It operates in the given segment Storage batteries & allied products and Others. Virtually all of the company's revenue is generated in India.

Exide Industries (NSE:EXIDEIND) Headlines

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