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Pidilite Industries (NSE:PIDILITIND) Gross Profit : ₹63,890 Mil (TTM As of Mar. 2024)


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What is Pidilite Industries Gross Profit?

Pidilite Industries's gross profit for the three months ended in Mar. 2024 was ₹15,503 Mil. Pidilite Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹63,890 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pidilite Industries's gross profit for the three months ended in Mar. 2024 was ₹15,503 Mil. Pidilite Industries's Revenue for the three months ended in Mar. 2024 was ₹29,019 Mil. Therefore, Pidilite Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 53.42%.

Pidilite Industries had a gross margin of 53.42% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Pidilite Industries was 52.97%. The lowest was 42.71%. And the median was 51.41%.

Warning Sign:

Pidilite Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Pidilite Industries Gross Profit Historical Data

The historical data trend for Pidilite 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.

Pidilite Industries Gross Profit Chart

Pidilite 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 38,140.80 38,406.20 43,866.70 50,397.00 63,889.70

Pidilite 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 12,582.10 16,053.90 15,782.50 16,550.50 15,502.80

Competitive Comparison of Pidilite Industries's Gross Profit

For the Specialty Chemicals subindustry, Pidilite 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.


Pidilite Industries's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pidilite Industries's Gross Profit distribution charts can be found below:

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



Pidilite Industries Gross Profit Calculation

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

Pidilite 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
=123829.9 - 59940.2
=63,890

Pidilite 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
=29018.5 - 13515.7
=15,503

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 ₹63,890 Mil.

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

Pidilite 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
=15,503 / 29018.5
=53.42 %

* 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.


Pidilite Industries  (NSE:PIDILITIND) 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

Pidilite Industries had a gross margin of 53.42% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Pidilite Industries Gross Profit Related Terms

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Pidilite Industries (NSE:PIDILITIND) Business Description

Traded in Other Exchanges
Address
Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (East), Mumbai, MH, IND, 400 059
Pidilite Industries Ltd manufactures and sells paints, adhesives, and sealants in two segments based on the customer: The consumer and bazaar products segment, which generates the majority of revenue, sells adhesives and sealants, construction paint chemicals, art and craft materials. The Business to Business segment sells industrial products such as industrial adhesives resins, and organic pigments and preparations. Pidilite Industries sells its products through dealers and distribution networks. The vast majority of revenue comes from India.

Pidilite Industries (NSE:PIDILITIND) Headlines

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