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RITES (BOM:541556) Gross-Profit-to-Asset % : 24.70% (As of Mar. 2024)


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What is RITES 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. RITES's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹13,981 Mil. RITES's average Total Assets over the quarter that ended in Mar. 2024 was ₹56,614 Mil. Therefore, RITES's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 24.70%.


RITES Gross-Profit-to-Asset % Historical Data

The historical data trend for RITES'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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RITES Gross-Profit-to-Asset % Chart

RITES 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 23.73 18.90 24.07 24.79 22.80

RITES Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 25.71 26.29 20.95 23.83 24.70

Competitive Comparison of RITES's Gross-Profit-to-Asset %

For the Engineering & Construction subindustry, RITES'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.


RITES's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, RITES's Gross-Profit-to-Asset % distribution charts can be found below:

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



RITES Gross-Profit-to-Asset % Calculation

RITES'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 )
=13263.9/( (59723.3+56614.4)/ 2 )
=13263.9/58168.85
=22.80 %

RITES'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 )
=13981.2/( (0+56614.4)/ 1 )
=13981.2/56614.4
=24.70 %

* 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.


RITES Gross-Profit-to-Asset % Related Terms

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RITES (BOM:541556) Business Description

Traded in Other Exchanges
Address
Plot No. 1, Shikhar, Sector - 29, Gurugram, HR, IND, 122001
RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects, and Power Generation. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of revenue from India.

RITES (BOM:541556) Headlines

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