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Vinyas Innovative Technologies (NSE:VINYAS) Gross Profit : ₹434 Mil (TTM As of Mar. 2023)


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What is Vinyas Innovative Technologies Gross Profit?

Vinyas Innovative Technologies's gross profit for the six months ended in Mar. 2023 was ₹434 Mil. Vinyas Innovative Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was ₹434 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vinyas Innovative Technologies's gross profit for the six months ended in Mar. 2023 was ₹434 Mil. Vinyas Innovative Technologies's Revenue for the six months ended in Mar. 2023 was ₹2,345 Mil. Therefore, Vinyas Innovative Technologies's Gross Margin % for the quarter that ended in Mar. 2023 was 18.52%.

Vinyas Innovative Technologies had a gross margin of 18.52% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

During the past 3 years, the highest Gross Margin % of Vinyas Innovative Technologies was 18.52%. The lowest was 14.67%. And the median was 17.11%.


Vinyas Innovative Technologies Gross Profit Historical Data

The historical data trend for Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies Gross Profit Chart

Vinyas Innovative Technologies Annual Data
Trend Mar21 Mar22 Mar23
Gross Profit
300.71 355.45 434.28

Vinyas Innovative Technologies Semi-Annual Data
Mar21 Mar22 Mar23
Gross Profit 300.71 355.45 434.28

Competitive Comparison of Vinyas Innovative Technologies's Gross Profit

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.


Vinyas Innovative Technologies's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinyas Innovative Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vinyas Innovative Technologies's Gross Profit falls into.



Vinyas Innovative Technologies Gross Profit Calculation

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

Vinyas Innovative Technologies's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=2345.24 - 1910.957
=434

Vinyas Innovative Technologies's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=2345.24 - 1910.957
=434

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 was ₹434 Mil.

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

Vinyas Innovative Technologies's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=434 / 2345.24
=18.52 %

* 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.


Vinyas Innovative Technologies  (NSE:VINYAS) 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

Vinyas Innovative Technologies had a gross margin of 18.52% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Vinyas Innovative Technologies Gross Profit Related Terms

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Vinyas Innovative Technologies (NSE:VINYAS) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018
Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

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