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Mangal Credit & Fincorp (BOM:505850) Gross-Profit-to-Asset % : 7.64% (As of Mar. 2024)


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What is Mangal Credit & Fincorp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mangal Credit & Fincorp's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹209.1 Mil. Mangal Credit & Fincorp's average Total Assets over the quarter that ended in Mar. 2024 was ₹2,737.9 Mil. Therefore, Mangal Credit & Fincorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.64%.


Mangal Credit & Fincorp Gross-Profit-to-Asset % Historical Data

The historical data trend for Mangal Credit & Fincorp's Gross-Profit-to-Asset % 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.

Mangal Credit & Fincorp Gross-Profit-to-Asset % Chart

Mangal Credit & Fincorp Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.24 8.93 9.13 7.92 7.78

Mangal Credit & Fincorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 8.09 8.51 8.04 9.47 7.64

Competitive Comparison of Mangal Credit & Fincorp's Gross-Profit-to-Asset %

For the Credit Services subindustry, Mangal Credit & Fincorp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Mangal Credit & Fincorp's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mangal Credit & Fincorp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mangal Credit & Fincorp's Gross-Profit-to-Asset % falls into.



Mangal Credit & Fincorp Gross-Profit-to-Asset % Calculation

Mangal Credit & Fincorp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=185.409/( (2030.705+2737.896)/ 2 )
=185.409/2384.3005
=7.78 %

Mangal Credit & Fincorp's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=209.124/( (0+2737.896)/ 1 )
=209.124/2737.896
=7.64 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Mangal Credit & Fincorp Gross-Profit-to-Asset % Related Terms

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Mangal Credit & Fincorp (BOM:505850) Business Description

Traded in Other Exchanges
N/A
Address
Ram Mandir Road, Office No-1701/1702, 17th Floor, A-Wing, Lotus Corporate Park, Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400063
Mangal Credit & Fincorp Ltd is a non-banking financial company. The company offers services, including loans and credit facilities, private educational funding, and trade-in money market underwriting stocks and shares. Its products include Gold loans, Personal loans, and SME(small and medium enterprises) loans. Geographically all the operations function through the regions of India.

Mangal Credit & Fincorp (BOM:505850) Headlines

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