Precision Metaliks's gross profit for the
six
months ended in Sep. 2024 was ₹53 Mil. Precision Metaliks's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹129 Mil.
Precision Metaliks had a gross margin of 6.84% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
During the past 6 years, the highestGross Margin % of Precision Metaliks was 93.38%. The lowest was 6.15%. And the median was 9.31%.
Warning Sign:
Precision Metaliks Ltd gross margin has been in long-term decline. The average rate of decline per year is -32.9%.
Precision Metaliks Gross Profit Historical Data
The historical data trend for Precision Metaliks'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 Precision Metaliks's Gross Profit
For the Auto Parts subindustry, Precision Metaliks'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.
Precision Metaliks's Gross Profit Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Precision Metaliks's Gross Profit distribution charts can be found below:
* The bar in red indicates where Precision Metaliks'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 ₹129 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.
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
Precision Metaliks had a gross margin of 6.84% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
Precision Metaliks Gross Profit Related Terms
Thank you for viewing the detailed overview of Precision Metaliks's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Precision Metaliks Ltd is engaged in trading and manufacturing aluminum alloy wheels in a wide variety of sizes and finishing alloy wheels. The company is engaged in the processing of semi-finished alloy wheels by rendering value-added services and other engineering services.
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