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Southern Petrochemicals Industries (NSE:SPIC) Gross Profit : ₹6,235 Mil (TTM As of Mar. 2024)


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What is Southern Petrochemicals Industries Gross Profit?

Southern Petrochemicals Industries's gross profit for the three months ended in Mar. 2024 was ₹538 Mil. Southern Petrochemicals Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹6,235 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Southern Petrochemicals Industries's gross profit for the three months ended in Mar. 2024 was ₹538 Mil. Southern Petrochemicals Industries's Revenue for the three months ended in Mar. 2024 was ₹1,201 Mil. Therefore, Southern Petrochemicals Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 44.79%.

Southern Petrochemicals Industries had a gross margin of 44.79% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Southern Petrochemicals Industries was 32.25%. The lowest was -315.49%. And the median was -189.89%.


Southern Petrochemicals Industries Gross Profit Historical Data

The historical data trend for Southern Petrochemicals Industries'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.

Southern Petrochemicals Industries Gross Profit Chart

Southern Petrochemicals Industries 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 -9,103.73 -5,096.32 -8,302.77 7,875.50 6,234.80

Southern Petrochemicals Industries 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 1,568.10 1,833.30 2,391.60 1,472.20 537.70

Competitive Comparison of Southern Petrochemicals Industries's Gross Profit

For the Agricultural Inputs subindustry, Southern Petrochemicals Industries'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.


Southern Petrochemicals Industries's Gross Profit Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Southern Petrochemicals Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Southern Petrochemicals Industries's Gross Profit falls into.



Southern Petrochemicals Industries Gross Profit Calculation

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

Southern Petrochemicals Industries'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
=19334.3 - 13099.5
=6,235

Southern Petrochemicals Industries's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1200.5 - 662.8
=538

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 ₹6,235 Mil.

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

Southern Petrochemicals Industries'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
=538 / 1200.5
=44.79 %

* 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.


Southern Petrochemicals Industries  (NSE:SPIC) 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

Southern Petrochemicals Industries had a gross margin of 44.79% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Southern Petrochemicals Industries Gross Profit Related Terms

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Southern Petrochemicals Industries (NSE:SPIC) Business Description

Traded in Other Exchanges
Address
Number 88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600 032
Southern Petrochemicals Industries Corp Ltd is a fertilizer manufacturing company. It is engaged in the manufacture and sale of Urea. The company produces fertilizers to improve soil consistency and efficiency for the agricultural sector. The business segments of the company are agro-input products concerned with urea operations and other products which include tissue culture and seeds. It offers products like chemical fertilizers, water-soluble fertilizers, organic fertilizers, micronutrients, plant growth regulators, and industrial products. The sale of agro-input products serves as the key revenue source for the company which is generated within India.

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