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VMS Industries (BOM:533427) Gross Profit : ₹176 Mil (TTM As of Mar. 2024)


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What is VMS Industries Gross Profit?

VMS Industries's gross profit for the three months ended in Mar. 2024 was ₹40 Mil. VMS Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹176 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. VMS Industries's gross profit for the three months ended in Mar. 2024 was ₹40 Mil. VMS Industries's Revenue for the three months ended in Mar. 2024 was ₹916 Mil. Therefore, VMS Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 4.33%.

VMS Industries had a gross margin of 4.33% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of VMS Industries was 7.96%. The lowest was 1.92%. And the median was 5.08%.

Warning Sign:

VMS Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.9%.


VMS Industries Gross Profit Historical Data

The historical data trend for VMS 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.

VMS Industries Gross Profit Chart

VMS Industries 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 93.13 71.93 30.32 42.57 176.02

VMS Industries 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 8.67 2.04 67.52 66.77 39.68

Competitive Comparison of VMS Industries's Gross Profit

For the Waste Management subindustry, VMS 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.


VMS Industries's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, VMS Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where VMS Industries's Gross Profit falls into.



VMS Industries Gross Profit Calculation

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

VMS 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
=2663.728 - 2487.707
=176

VMS 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
=916.392 - 876.708
=40

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 ₹176 Mil.

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

VMS 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
=40 / 916.392
=4.33 %

* 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.


VMS Industries  (BOM:533427) 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

VMS Industries had a gross margin of 4.33% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


VMS Industries Gross Profit Related Terms

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VMS Industries (BOM:533427) Business Description

Traded in Other Exchanges
N/A
Address
Corporate Road, Opposite Royal Orchid, 808-C, Pinnacle Business Park, Prahladnagar, Ahmedabad, GJ, IND, 380015
VMS Industries Ltd provides ship recycling and offshore services. The Company is engaged in the business of breaking old and used ships segment. On the basis of the dominant source, the nature of risks and returns and the internal organization, the company has identified two operating segments: Manufacturing and Trading. Manufacturing in respect of Ship-Breaking business activities and Trading In respect of trading in Ferrous and Non-Ferrous metals. The majority of income is from the Manufacturing segment.

VMS Industries (BOM:533427) Headlines

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