Prakash Pipes (NSE:PPL) Gross Profit : ₹1,974 Mil (TTM As of Dec. 2023)

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What is Prakash Pipes Gross Profit?

Prakash Pipes's gross profit for the three months ended in Dec. 2023 was ₹552 Mil. Prakash Pipes's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹1,974 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Prakash Pipes's gross profit for the three months ended in Dec. 2023 was ₹552 Mil. Prakash Pipes's Revenue for the three months ended in Dec. 2023 was ₹1,582 Mil. Therefore, Prakash Pipes's Gross Margin % for the quarter that ended in Dec. 2023 was 34.90%.

Prakash Pipes had a gross margin of 34.90% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Prakash Pipes was 29.88%. The lowest was 23.11%. And the median was 24.07%.

Prakash Pipes Gross Profit Historical Data

The historical data trend for Prakash Pipes'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.

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Prakash Pipes Gross Profit Chart

Prakash Pipes Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

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788.10

923.40

1,213.60

1,484.40

1,769.20

Prakash Pipes 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															451.50	431.60	494.50	495.40	552.20

Competitive Comparison of Prakash Pipes's Gross Profit

For the Building Products & Equipment subindustry, Prakash Pipes'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.

Prakash Pipes's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prakash Pipes's Gross Profit distribution charts can be found below:

* The bar in red indicates where Prakash Pipes's Gross Profit falls into.

Prakash Pipes Gross Profit Calculation

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

Prakash Pipes'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
	=	7092.1	-	5322.9
	=	1,769

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1582.2	-	1030
	=	552

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 ₹1,974 Mil.

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

Prakash Pipes'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
	=	552	/	1582.2
	=	34.90 %

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.

Prakash Pipes (NSE:PPL) 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

Prakash Pipes had a gross margin of 34.90% for the quarter that ended in Dec. 2023 => Competition eroding margins

Prakash Pipes Gross Profit Related Terms

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Prakash Pipes (NSE:PPL) Business Description

Industry

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Traded in Other Exchanges

542684:India

Address

Srivan, Bijwasan, New Delhi, IND, 110061

Website

https://www.prakashplastics.in

Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers a products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes and their related Fittings. Its segments are PVC Pipe and fitting and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fitting.