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Tribhovandas Bhimji Zaveri (BOM:534369) Gross Profit : ₹3,313 Mil (TTM As of Dec. 2023)


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What is Tribhovandas Bhimji Zaveri Gross Profit?

Tribhovandas Bhimji Zaveri's gross profit for the three months ended in Dec. 2023 was ₹1,052 Mil. Tribhovandas Bhimji Zaveri's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₹3,313 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tribhovandas Bhimji Zaveri's gross profit for the three months ended in Dec. 2023 was ₹1,052 Mil. Tribhovandas Bhimji Zaveri's Revenue for the three months ended in Dec. 2023 was ₹7,410 Mil. Therefore, Tribhovandas Bhimji Zaveri's Gross Margin % for the quarter that ended in Dec. 2023 was 14.19%.

Tribhovandas Bhimji Zaveri had a gross margin of 14.19% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tribhovandas Bhimji Zaveri was 20.03%. The lowest was 12.58%. And the median was 16.31%.

Warning Sign:

Tribhovandas Bhimji Zaveri Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.2%.


Tribhovandas Bhimji Zaveri Gross Profit Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri Gross Profit Chart

Tribhovandas Bhimji Zaveri 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 3,532.41 3,340.54 2,362.34 2,392.28 3,011.85

Tribhovandas Bhimji Zaveri 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 949.54 642.29 878.12 741.16 1,051.50

Competitive Comparison of Tribhovandas Bhimji Zaveri's Gross Profit

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tribhovandas Bhimji Zaveri's Gross Profit falls into.



Tribhovandas Bhimji Zaveri Gross Profit Calculation

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

Tribhovandas Bhimji Zaveri'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
=23934.325 - 20922.48
=3,012

Tribhovandas Bhimji Zaveri's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=7409.904 - 6358.4
=1,052

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 ₹3,313 Mil.

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

Tribhovandas Bhimji Zaveri'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
=1,052 / 7409.904
=14.19 %

* 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.


Tribhovandas Bhimji Zaveri  (BOM:534369) 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

Tribhovandas Bhimji Zaveri had a gross margin of 14.19% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Tribhovandas Bhimji Zaveri Gross Profit Related Terms

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Tribhovandas Bhimji Zaveri (BOM:534369) Business Description

Traded in Other Exchanges
Address
Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

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