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Vinny Overseas (NSE:VINNY) Gross Profit : ₹196 Mil (TTM As of Dec. 2023)


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What is Vinny Overseas Gross Profit?

Vinny Overseas's gross profit for the three months ended in Dec. 2023 was ₹114 Mil. Vinny Overseas's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹196 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vinny Overseas's gross profit for the three months ended in Dec. 2023 was ₹114 Mil. Vinny Overseas's Revenue for the three months ended in Dec. 2023 was ₹264 Mil. Therefore, Vinny Overseas's Gross Margin % for the quarter that ended in Dec. 2023 was 43.20%.

Vinny Overseas had a gross margin of 43.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Vinny Overseas was 16.15%. The lowest was 3.55%. And the median was 8.72%.

Warning Sign:

Vinny Overseas Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Vinny Overseas Gross Profit Historical Data

The historical data trend for Vinny Overseas'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.

Vinny Overseas Gross Profit Chart

Vinny Overseas 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 130.26 115.03 95.12 39.06 155.93

Vinny Overseas Quarterly Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 110.23 -224.59 126.03 180.92 113.84

Competitive Comparison of Vinny Overseas's Gross Profit

For the Textile Manufacturing subindustry, Vinny Overseas'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.


Vinny Overseas's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vinny Overseas's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vinny Overseas's Gross Profit falls into.



Vinny Overseas Gross Profit Calculation

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

Vinny Overseas'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
=1063.156 - 907.225
=156

Vinny Overseas's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=263.549 - 149.709
=114

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹196 Mil.

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

Vinny Overseas's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=114 / 263.549
=43.20 %

* 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.


Vinny Overseas  (NSE:VINNY) 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

Vinny Overseas had a gross margin of 43.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Vinny Overseas Gross Profit Related Terms

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Vinny Overseas (NSE:VINNY) Business Description

Traded in Other Exchanges
Address
Narol-Isanpur Road, Behind International Hotel, Narol, Ahmedabad, GJ, IND, 382405
Vinny Overseas Ltd is an Indian firm carrying on the business of Textile products. It is engaged in the processing of fabrics for shirting, suiting and dress material through the integrated manufacturing process of weaving, dyeing, printing and finishing. The products of the company include cotton fabrics, twill fabric, satin fabrics, slub satin fabrics, and polyester. Substantial revenue is generated from the manufactured cloth sales.

Vinny Overseas (NSE:VINNY) Headlines

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