Akshar Spintex Limited Stock Gross Profit

AKSHAR Stock   0.69  0.01  1.43%   
Akshar Spintex Limited fundamentals help investors to digest information that contributes to Akshar Spintex's financial success or failures. It also enables traders to predict the movement of Akshar Stock. The fundamental analysis module provides a way to measure Akshar Spintex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Akshar Spintex stock.
Last ReportedProjected for Next Year
Gross Profit274.5 M218.8 M
As of December 1, 2024, Gross Profit is expected to decline to about 218.8 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Akshar Spintex Limited Company Gross Profit Analysis

Akshar Spintex's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Akshar Spintex Gross Profit

    
  151.38 M  
Most of Akshar Spintex's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Akshar Spintex Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Akshar Spintex Limited reported 151.38 M of gross profit. This is 99.01% lower than that of the Textiles, Apparel & Luxury Goods sector and 75.15% higher than that of the Consumer Discretionary industry. The gross profit for all India stocks is 99.45% higher than that of the company.

Akshar Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akshar Spintex's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Akshar Spintex could also be used in its relative valuation, which is a method of valuing Akshar Spintex by comparing valuation metrics of similar companies.
Akshar Spintex is currently under evaluation in gross profit category among its peers.

Akshar Fundamentals

About Akshar Spintex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Akshar Spintex Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akshar Spintex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akshar Spintex Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Akshar Stock

Akshar Spintex financial ratios help investors to determine whether Akshar Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Akshar with respect to the benefits of owning Akshar Spintex security.