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Organic Coatings (BOM:531157) Gross Profit : ₹44.8 Mil (TTM As of Dec. 2023)


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What is Organic Coatings Gross Profit?

Organic Coatings's gross profit for the three months ended in Dec. 2023 was ₹21.3 Mil. Organic Coatings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹44.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Organic Coatings's gross profit for the three months ended in Dec. 2023 was ₹21.3 Mil. Organic Coatings's Revenue for the three months ended in Dec. 2023 was ₹61.1 Mil. Therefore, Organic Coatings's Gross Margin % for the quarter that ended in Dec. 2023 was 34.82%.

Organic Coatings had a gross margin of 34.82% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Organic Coatings was 20.80%. The lowest was 12.86%. And the median was 15.31%.

Warning Sign:

Organic Coatings Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.9%.


Organic Coatings Gross Profit Historical Data

The historical data trend for Organic Coatings'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.

Organic Coatings Gross Profit Chart

Organic Coatings 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 54.34 47.03 21.89 29.23 28.16

Organic Coatings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only 14.23 -16.18 19.19 20.57 21.26

Competitive Comparison of Organic Coatings's Gross Profit

For the Specialty Chemicals subindustry, Organic Coatings'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.


Organic Coatings's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Organic Coatings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Organic Coatings's Gross Profit falls into.



Organic Coatings Gross Profit Calculation

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

Organic Coatings'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
=218.894 - 190.736
=28.2

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=61.057 - 39.799
=21.3

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 ₹44.8 Mil.

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

Organic Coatings'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
=21.3 / 61.057
=34.82 %

* 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.


Organic Coatings  (BOM:531157) 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

Organic Coatings had a gross margin of 34.82% for the quarter that ended in Dec. 2023 => Competition eroding margins


Organic Coatings Gross Profit Related Terms

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Organic Coatings (BOM:531157) Business Description

Traded in Other Exchanges
N/A
Address
Unit No.405, Atlanta Estate Premises Co-op. Soc. Ltd., Vitth Bhatti, Near Virwani Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063
Organic Coatings Ltd is a chemical manufacturing company in India. It is engaged in the business of manufacturing and trading of printing inks and allied products. It offers offset ink products, including web offset publications and heat set inks; UV inks for dry offset, flexo, wet offset-sheetfed and web, and silkscreen applications; water-based flexo inks; Security inks and Specialty Inks. Geographically the company caters its products across India and to other countries. It operates through one segment that is Printing Inks and generates revenue from the same.

Organic Coatings (BOM:531157) Headlines

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