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SP Refractories (NSE:SPRL) Gross Profit : ₹53.5 Mil (TTM As of Sep. 2023)


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What is SP Refractories Gross Profit?

SP Refractories's gross profit for the six months ended in Sep. 2023 was ₹39.0 Mil. SP Refractories's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₹53.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SP Refractories's gross profit for the six months ended in Sep. 2023 was ₹39.0 Mil. SP Refractories's Revenue for the six months ended in Sep. 2023 was ₹139.4 Mil. Therefore, SP Refractories's Gross Margin % for the quarter that ended in Sep. 2023 was 28.02%.

SP Refractories had a gross margin of 28.02% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of SP Refractories was 26.73%. The lowest was 14.62%. And the median was 18.80%.


SP Refractories Gross Profit Historical Data

The historical data trend for SP Refractories'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.

SP Refractories Gross Profit Chart

SP Refractories Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
49.52 54.30 47.91 59.24 39.81

SP Refractories Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Profit Get a 7-Day Free Trial 34.40 24.84 25.34 14.47 39.04

Competitive Comparison of SP Refractories's Gross Profit

For the Building Materials subindustry, SP Refractories'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.


SP Refractories's Gross Profit Distribution in the Building Materials Industry

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

* The bar in red indicates where SP Refractories's Gross Profit falls into.



SP Refractories Gross Profit Calculation

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

SP Refractories'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
=272.361 - 232.552
=39.8

SP Refractories's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=139.352 - 100.308
=39.0

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹53.5 Mil.

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

SP Refractories's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=39.0 / 139.352
=28.02 %

* 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.


SP Refractories  (NSE:SPRL) 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

SP Refractories had a gross margin of 28.02% for the quarter that ended in Sep. 2023 => Competition eroding margins


SP Refractories Gross Profit Related Terms

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SP Refractories (NSE:SPRL) Business Description

Traded in Other Exchanges
N/A
Address
Hingna Road, M-10, M-11/1 & M-11/2, MIDC Industrial Area, Nagpur, MH, IND, 440016
SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The Company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.

SP Refractories (NSE:SPRL) Headlines

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