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Religare Enterprises (BOM:532915) Gross-Profit-to-Asset % : 60.93% (As of Mar. 2024)


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What is Religare Enterprises 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. Religare Enterprises's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹58,351 Mil. Religare Enterprises's average Total Assets over the quarter that ended in Mar. 2024 was ₹95,771 Mil. Therefore, Religare Enterprises's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 60.93%.


Religare Enterprises Gross-Profit-to-Asset % Historical Data

The historical data trend for Religare Enterprises'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.

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Religare Enterprises Gross-Profit-to-Asset % Chart

Religare Enterprises 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 13.33 19.95 27.10 42.71 57.10

Religare Enterprises 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 64.77 51.95 56.60 54.68 60.93

Competitive Comparison of Religare Enterprises's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, Religare Enterprises'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.


Religare Enterprises's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Religare Enterprises's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Religare Enterprises's Gross-Profit-to-Asset % falls into.



Religare Enterprises Gross-Profit-to-Asset % Calculation

Religare Enterprises'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 )
=50446.64/( (80938.939+95771.362)/ 2 )
=50446.64/88355.1505
=57.10 %

Religare Enterprises'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 )
=58350.68/( (0+95771.362)/ 1 )
=58350.68/95771.362
=60.93 %

* 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.


Religare Enterprises Gross-Profit-to-Asset % Related Terms

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Religare Enterprises (BOM:532915) Business Description

Traded in Other Exchanges
Address
Dr. Jha Marg, 8th Flooe, Block A, Max House, Phase III, Okhla Industrial Estate, New Delhi, IND, 110020
Religare Enterprises Ltd is an India-based company that is principally engaged in providing diversified financial services, including loans to small and midsize enterprises, affordable housing finance, health insurance, capital markets, and wealth management. The company operates via various subsidiaries and operating entities. It generates around two-thirds of total revenue from investment and financing activity. The company concentrates its business in India, and generates the majority of revenue from the domestic market.

Religare Enterprises (BOM:532915) Headlines

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