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Jainam Ferro Alloys (I) (NSE:JAINAM) Gross Profit : ₹265 Mil (TTM As of Sep. 2024)


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What is Jainam Ferro Alloys (I) Gross Profit?

Jainam Ferro Alloys (I)'s gross profit for the six months ended in Sep. 2024 was ₹482 Mil. Jainam Ferro Alloys (I)'s gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹265 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jainam Ferro Alloys (I)'s gross profit for the six months ended in Sep. 2024 was ₹482 Mil. Jainam Ferro Alloys (I)'s Revenue for the six months ended in Sep. 2024 was ₹1,145 Mil. Therefore, Jainam Ferro Alloys (I)'s Gross Margin % for the quarter that ended in Sep. 2024 was 42.07%.

Jainam Ferro Alloys (I) had a gross margin of 42.07% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Jainam Ferro Alloys (I) was 21.56%. The lowest was 5.65%. And the median was 8.33%.


Jainam Ferro Alloys (I) Gross Profit Historical Data

The historical data trend for Jainam Ferro Alloys (I)'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.

Jainam Ferro Alloys (I) Gross Profit Chart

Jainam Ferro Alloys (I) Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial 68.59 92.60 431.24 410.16 143.16

Jainam Ferro Alloys (I) Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 569.57 -159.41 360.20 -217.04 481.73

Competitive Comparison of Jainam Ferro Alloys (I)'s Gross Profit

For the Steel subindustry, Jainam Ferro Alloys (I)'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.


Jainam Ferro Alloys (I)'s Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jainam Ferro Alloys (I)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Jainam Ferro Alloys (I)'s Gross Profit falls into.


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Jainam Ferro Alloys (I) Gross Profit Calculation

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

Jainam Ferro Alloys (I)'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
=1898.967 - 1755.806
=143

Jainam Ferro Alloys (I)'s Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1144.964 - 663.235
=482

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 ₹265 Mil.

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

Jainam Ferro Alloys (I)'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
=482 / 1144.964
=42.07 %

* 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.


Jainam Ferro Alloys (I)  (NSE:JAINAM) 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

Jainam Ferro Alloys (I) had a gross margin of 42.07% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Jainam Ferro Alloys (I) Gross Profit Related Terms

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Jainam Ferro Alloys (I) Business Description

Traded in Other Exchanges
N/A
Address
Urla Industrial Area, Sector-C, Plot No. 103 to 113 & 130 to 136/A & 137, Birgaon, Raipur, CT, IND, 492003
Jainam Ferro Alloys (I) Ltd is engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese and Silico manganese, largely used in the Steel industry. Ferro silicon, ferro silicon oxide, ferro silicon, ferro silicon, and ferro chrome are among the company's products. The company also generates revenue from trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys. It sells products within India.

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