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Uravi T & Wedge Lamps (NSE:URAVI) Gross Profit : ₹171.7 Mil (TTM As of Sep. 2023)


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What is Uravi T & Wedge Lamps Gross Profit?

Uravi T & Wedge Lamps's gross profit for the six months ended in Sep. 2023 was ₹106.6 Mil. Uravi T & Wedge Lamps's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₹171.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Uravi T & Wedge Lamps's gross profit for the six months ended in Sep. 2023 was ₹106.6 Mil. Uravi T & Wedge Lamps's Revenue for the six months ended in Sep. 2023 was ₹193.8 Mil. Therefore, Uravi T & Wedge Lamps's Gross Margin % for the quarter that ended in Sep. 2023 was 54.99%.

Uravi T & Wedge Lamps had a gross margin of 54.99% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Uravi T & Wedge Lamps was 63.22%. The lowest was 38.24%. And the median was 49.18%.

Warning Sign:

Uravi T & Wedge Lamps Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Uravi T & Wedge Lamps Gross Profit Historical Data

The historical data trend for Uravi T & Wedge Lamps'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.

Uravi T & Wedge Lamps Gross Profit Chart

Uravi T & Wedge Lamps Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.72 166.86 106.28 152.43 159.38

Uravi T & Wedge Lamps Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 87.34 65.09 94.27 65.11 106.60

Competitive Comparison of Uravi T & Wedge Lamps's Gross Profit

For the Auto Parts subindustry, Uravi T & Wedge Lamps'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.


Uravi T & Wedge Lamps's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Uravi T & Wedge Lamps's Gross Profit distribution charts can be found below:

* The bar in red indicates where Uravi T & Wedge Lamps's Gross Profit falls into.



Uravi T & Wedge Lamps Gross Profit Calculation

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

Uravi T & Wedge Lamps'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
=337.417 - 178.041
=159.4

Uravi T & Wedge Lamps's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=193.846 - 87.243
=106.6

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 ₹171.7 Mil.

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

Uravi T & Wedge Lamps'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
=106.6 / 193.846
=54.99 %

* 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.


Uravi T & Wedge Lamps  (NSE:URAVI) 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

Uravi T & Wedge Lamps had a gross margin of 54.99% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Uravi T & Wedge Lamps Gross Profit Related Terms

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Uravi T & Wedge Lamps (NSE:URAVI) Business Description

Traded in Other Exchanges
Address
L.B.S. Marg, Shop Number 329, Avior, Nirmal Galaxy, Mulund (West), Mumbai, MH, IND, 400080
Uravi T & Wedge Lamps Ltd is an Indian firm engaged in the manufacturing and distribution of automotive lamps and instrument cluster lighting for two-wheelers, four-wheelers, tractors, and Industrial applications for various Indian automobile manufacturers. The company's products offering includes Incandescent Head Lamps, Stop, Tail, and Indicators (Signaling Lamps), Wedge Base Lamps, Halogen Head Lamps, and others.

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