Mega Flex Plastics's gross profit for the
six
months ended in Sep. 2024 was ₹34.9 Mil. Mega Flex Plastics's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹41.8 Mil.
Mega Flex Plastics had a gross margin of 20.19% for the quarter that ended in Sep. 2024 => Competition eroding margins
During the past 5 years, the highestGross Margin % of Mega Flex Plastics was 20.23%. The lowest was 8.26%. And the median was 15.28%.
Mega Flex Plastics Gross Profit Historical Data
The historical data trend for Mega Flex Plastics'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.
Competitive Comparison of Mega Flex Plastics's Gross Profit
For the Packaging & Containers subindustry, Mega Flex Plastics'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.
Mega Flex Plastics's Gross Profit Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Mega Flex Plastics's Gross Profit distribution charts can be found below:
* The bar in red indicates where Mega Flex Plastics's Gross Profit falls into.
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 ₹41.8 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Mega Flex Plastics (NSE:MEGAFLEX) 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
Mega Flex Plastics had a gross margin of 20.19% for the quarter that ended in Sep. 2024 => Competition eroding margins
Mega Flex Plastics Gross Profit Related Terms
Thank you for viewing the detailed overview of Mega Flex Plastics's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Mega Flex Plastics Ltd is engaged in manufacturing Leno Bags which are used for packaging agricultural products like potatoes, onions, garlic, coconuts, fruits, and vegetables. The company is also manufacturing Woven Fabric and Sutli (Fibrillated Twisted Thread). The company is also engaged in trading Polypropylene Granules. The company is currently engaged in single-segment business through various distributors and brand names such as Gold Flex, Leno Flex, Tiger, Tiranga, Kisan, and Phantom.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:MEGAFLEX has been successfully added to your 