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Ramco Cements (NSE:RAMCOCEM) Gross Profit : ₹57,324 Mil (TTM As of Mar. 2024)


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What is Ramco Cements Gross Profit?

Ramco Cements's gross profit for the three months ended in Mar. 2024 was ₹14,393 Mil. Ramco Cements's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹57,324 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ramco Cements's gross profit for the three months ended in Mar. 2024 was ₹14,393 Mil. Ramco Cements's Revenue for the three months ended in Mar. 2024 was ₹26,782 Mil. Therefore, Ramco Cements's Gross Margin % for the quarter that ended in Mar. 2024 was 53.74%.

Ramco Cements had a gross margin of 53.74% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Ramco Cements was 62.69%. The lowest was 50.91%. And the median was 56.51%.

Warning Sign:

Ramco Cements Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


Ramco Cements Gross Profit Historical Data

The historical data trend for Ramco Cements'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.

Ramco Cements Gross Profit Chart

Ramco Cements 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 30,666.80 32,696.20 32,533.00 41,525.00 51,069.70

Ramco Cements 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 12,728.00 11,643.10 18,986.00 12,301.70 14,393.10

Competitive Comparison of Ramco Cements's Gross Profit

For the Building Materials subindustry, Ramco Cements'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.


Ramco Cements's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ramco Cements's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ramco Cements's Gross Profit falls into.



Ramco Cements Gross Profit Calculation

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

Ramco Cements'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
=93763.5 - 42693.8
=51,070

Ramco Cements's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=26782.4 - 12389.3
=14,393

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 ₹57,324 Mil.

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

Ramco Cements'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
=14,393 / 26782.4
=53.74 %

* 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.


Ramco Cements  (NSE:RAMCOCEM) 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

Ramco Cements had a gross margin of 53.74% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Ramco Cements Gross Profit Related Terms

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Ramco Cements (NSE:RAMCOCEM) Business Description

Traded in Other Exchanges
Address
98-A, Dr. Radhakrishnan Road, Mylapore, Chennai, TN, IND, 600 004
Ramco Cements Ltd, part of Ramco Group, is a producer of Portland cement. The company owns grinding units and packing terminals, as well as integrated cement plants. Its cement is sold under the Ramco Supergrade brand in India. Other products include ready-mix concrete and dry-mortar products. Ramco Cements also operates wind farms in India.

Ramco Cements (NSE:RAMCOCEM) Headlines

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