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Rex Sealing and Packaging Industries (BOM:543744) Gross Profit : ₹115.6 Mil (TTM As of Mar. 2024)


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What is Rex Sealing and Packaging Industries Gross Profit?

Rex Sealing and Packaging Industries's gross profit for the six months ended in Mar. 2024 was ₹70.4 Mil. Rex Sealing and Packaging Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹115.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rex Sealing and Packaging Industries's gross profit for the six months ended in Mar. 2024 was ₹70.4 Mil. Rex Sealing and Packaging Industries's Revenue for the six months ended in Mar. 2024 was ₹160.4 Mil. Therefore, Rex Sealing and Packaging Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 43.87%.

Rex Sealing and Packaging Industries had a gross margin of 43.87% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of Rex Sealing and Packaging Industries was 37.94%. The lowest was 28.04%. And the median was 37.02%.


Rex Sealing and Packaging Industries Gross Profit Historical Data

The historical data trend for Rex Sealing and Packaging Industries'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.

Rex Sealing and Packaging Industries Gross Profit Chart

Rex Sealing and Packaging Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
76.07 63.17 58.66 80.68 115.64

Rex Sealing and Packaging Industries Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Profit Get a 7-Day Free Trial - 46.66 15.26 45.27 70.37

Competitive Comparison of Rex Sealing and Packaging Industries's Gross Profit

For the Specialty Business Services subindustry, Rex Sealing and Packaging Industries'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.


Rex Sealing and Packaging Industries's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rex Sealing and Packaging Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Rex Sealing and Packaging Industries's Gross Profit falls into.



Rex Sealing and Packaging Industries Gross Profit Calculation

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

Rex Sealing and Packaging Industries's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=306.125 - 190.488
=115.6

Rex Sealing and Packaging Industries's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=160.413 - 90.047
=70.4

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹115.6 Mil.

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

Rex Sealing and Packaging Industries's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=70.4 / 160.413
=43.87 %

* 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.


Rex Sealing and Packaging Industries  (BOM:543744) 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

Rex Sealing and Packaging Industries had a gross margin of 43.87% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Rex Sealing and Packaging Industries Gross Profit Related Terms

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Rex Sealing and Packaging Industries (BOM:543744) Business Description

Traded in Other Exchanges
N/A
Address
D K Road, A-207, 2nd Floor, Plot No.711 A, Byculla Services Industries, Ghodapdeo, Byculla (East), Mumbai, MH, IND, 400027
Rex Sealing and Packaging Industries Ltd is a manufacturer and exporter of sealing packing and insulation products including jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature resistant textiles, ceramic fiber products, and others.

Rex Sealing and Packaging Industries (BOM:543744) Headlines

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