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Shree Rama Multi-Tech (NSE:SHREERAMA) Gross Profit : ₹577 Mil (TTM As of Sep. 2024)


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What is Shree Rama Multi-Tech Gross Profit?

Shree Rama Multi-Tech's gross profit for the three months ended in Sep. 2024 was ₹217 Mil. Shree Rama Multi-Tech's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₹577 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shree Rama Multi-Tech's gross profit for the three months ended in Sep. 2024 was ₹217 Mil. Shree Rama Multi-Tech's Revenue for the three months ended in Sep. 2024 was ₹525 Mil. Therefore, Shree Rama Multi-Tech's Gross Margin % for the quarter that ended in Sep. 2024 was 41.38%.

Shree Rama Multi-Tech had a gross margin of 41.38% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Shree Rama Multi-Tech was 50.22%. The lowest was 22.42%. And the median was 29.66%.

Warning Sign:

Shree Rama Multi-Tech Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


Shree Rama Multi-Tech Gross Profit Historical Data

The historical data trend for Shree Rama Multi-Tech'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.

Shree Rama Multi-Tech Gross Profit Chart

Shree Rama Multi-Tech 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 447.17 405.05 334.87 473.99 511.91

Shree Rama Multi-Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 178.21 173.77 -2.44 188.08 217.41

Competitive Comparison of Shree Rama Multi-Tech's Gross Profit

For the Packaging & Containers subindustry, Shree Rama Multi-Tech'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.


Shree Rama Multi-Tech's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shree Rama Multi-Tech's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shree Rama Multi-Tech's Gross Profit falls into.



Shree Rama Multi-Tech Gross Profit Calculation

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

Shree Rama Multi-Tech'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
=1769.962 - 1258.055
=512

Shree Rama Multi-Tech's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=525.439 - 308.028
=217

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹577 Mil.

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

Shree Rama Multi-Tech's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=217 / 525.439
=41.38 %

* 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.


Shree Rama Multi-Tech  (NSE:SHREERAMA) 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

Shree Rama Multi-Tech had a gross margin of 41.38% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Shree Rama Multi-Tech Gross Profit Related Terms

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Shree Rama Multi-Tech Business Description

Traded in Other Exchanges
Address
Kalol-Khatraj Road, 1557, Motibhoyan, Gandhinagar, GJ, IND, 380009
Shree Rama Multi-Tech Ltd is an Indian based company operates in packaging and containers division. The company is primarily engaged in the manufacturing and sale of plastic packaging products. It offers products such as plastic laminated tubes, multilayer tubes, monolayer tubes, monolayer seamless tubes, labels and stickers, tarpaulin, paper cups, and others. Geographically it operates through India, however, its products are sold within India and to some other international countries such as Bulgaria, Kenya, Nigeria, Saudi Arabia, Shri Lanka, Nepal, Singapore, Tanzania, and Turkey.

Shree Rama Multi-Tech Headlines

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