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Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Gross Profit : ₹5,701 Mil (TTM As of Mar. 2024)


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What is Johnson Controls - Hitachi Air Conditioning India Gross Profit?

Johnson Controls - Hitachi Air Conditioning India's gross profit for the three months ended in Mar. 2024 was ₹2,418 Mil. Johnson Controls - Hitachi Air Conditioning India's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹5,701 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Johnson Controls - Hitachi Air Conditioning India's gross profit for the three months ended in Mar. 2024 was ₹2,418 Mil. Johnson Controls - Hitachi Air Conditioning India's Revenue for the three months ended in Mar. 2024 was ₹7,718 Mil. Therefore, Johnson Controls - Hitachi Air Conditioning India's Gross Margin % for the quarter that ended in Mar. 2024 was 31.33%.

Johnson Controls - Hitachi Air Conditioning India had a gross margin of 31.33% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Johnson Controls - Hitachi Air Conditioning India was 36.69%. The lowest was 25.01%. And the median was 33.97%.

Warning Sign:

Johnson Controls - Hitachi Air Conditioning India Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


Johnson Controls - Hitachi Air Conditioning India Gross Profit Historical Data

The historical data trend for Johnson Controls - Hitachi Air Conditioning India'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.

Johnson Controls - Hitachi Air Conditioning India Gross Profit Chart

Johnson Controls - Hitachi Air Conditioning India 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 7,361.70 5,700.00 6,530.80 5,963.30 5,700.60

Johnson Controls - Hitachi Air Conditioning India 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 1,725.20 1,464.90 764.10 1,053.80 2,417.80

Competitive Comparison of Johnson Controls - Hitachi Air Conditioning India's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, Johnson Controls - Hitachi Air Conditioning India'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.


Johnson Controls - Hitachi Air Conditioning India's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Johnson Controls - Hitachi Air Conditioning India's Gross Profit distribution charts can be found below:

* The bar in red indicates where Johnson Controls - Hitachi Air Conditioning India's Gross Profit falls into.



Johnson Controls - Hitachi Air Conditioning India Gross Profit Calculation

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

Johnson Controls - Hitachi Air Conditioning India'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
=19187 - 13486.4
=5,701

Johnson Controls - Hitachi Air Conditioning India's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=7718.1 - 5300.3
=2,418

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 ₹5,701 Mil.

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

Johnson Controls - Hitachi Air Conditioning India'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
=2,418 / 7718.1
=31.33 %

* 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.


Johnson Controls - Hitachi Air Conditioning India  (NSE:JCHAC) 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

Johnson Controls - Hitachi Air Conditioning India had a gross margin of 31.33% for the quarter that ended in Mar. 2024 => Competition eroding margins


Johnson Controls - Hitachi Air Conditioning India Gross Profit Related Terms

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Johnson Controls - Hitachi Air Conditioning India (NSE:JCHAC) Business Description

Traded in Other Exchanges
Address
Hitachi Complex, Karan Nagar Kadi District, Mehsana, GJ, IND, 384 440
Johnson Controls - Hitachi Air Conditioning India Ltd is a manufacturer and trader of home appliances. The company is headquartered in India and generates the majority of revenue domestically. The company produces air conditioners, refrigerators, air purifiers, washing machines, chillers, telecom cooling units, variable refrigerant flow systems, and centrifugal chillers. The company has a network of showrooms and service centres across India, which include dealers and franchisees, in addition to a sales network.

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