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Safari Industries (India) (BOM:523025) Gross Profit : ₹7,322 Mil (TTM As of Mar. 2024)


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What is Safari Industries (India) Gross Profit?

Safari Industries (India)'s gross profit for the three months ended in Mar. 2024 was ₹1,851 Mil. Safari Industries (India)'s gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹7,322 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Safari Industries (India)'s gross profit for the three months ended in Mar. 2024 was ₹1,851 Mil. Safari Industries (India)'s Revenue for the three months ended in Mar. 2024 was ₹3,654 Mil. Therefore, Safari Industries (India)'s Gross Margin % for the quarter that ended in Mar. 2024 was 50.65%.

Safari Industries (India) had a gross margin of 50.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Safari Industries (India) was 47.23%. The lowest was 34.42%. And the median was 41.55%.


Safari Industries (India) Gross Profit Historical Data

The historical data trend for Safari Industries (India)'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.

Safari Industries (India) Gross Profit Chart

Safari Industries (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,848.49 1,295.54 2,420.49 5,147.10 7,322.10

Safari Industries (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,450.10 1,924.50 1,683.60 1,863.30 1,850.70

Competitive Comparison of Safari Industries (India)'s Gross Profit

For the Footwear & Accessories subindustry, Safari Industries (India)'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.


Safari Industries (India)'s Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safari Industries (India)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Safari Industries (India)'s Gross Profit falls into.



Safari Industries (India) Gross Profit Calculation

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

Safari Industries (India)'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
=15504.2 - 8182.1
=7,322

Safari Industries (India)'s Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3654.2 - 1803.5
=1,851

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7,322 Mil.

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

Safari Industries (India)'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
=1,851 / 3654.2
=50.65 %

* 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.


Safari Industries (India)  (BOM:523025) 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

Safari Industries (India) had a gross margin of 50.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Safari Industries (India) Gross Profit Related Terms

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Safari Industries (India) (BOM:523025) Business Description

Traded in Other Exchanges
Address
A/2, MV Road, 302-303, A Wing, The Qube, CTS No. 1498, Marol, Andheri (East), Mumbai, MH, IND, 400059
Safari Industries (India) Ltd is an India-based company primarily engaged in the manufacturing and marketing of luggage and luggage accessories. It offers Hard luggage cases, Soft luggage cases, and Backpacks. The company's product range includes Laptop bags, Backpacks, Suitcase, Four and two-wheel trolleys, Duffle bags, and Rolling duffle bags, among others.

Safari Industries (India) (BOM:523025) Headlines

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