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Kesar Enterprises (BOM:507180) Gross Margin % : 28.70% (As of Mar. 2024)


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What is Kesar Enterprises Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kesar Enterprises's Gross Profit for the three months ended in Mar. 2024 was ₹514 Mil. Kesar Enterprises's Revenue for the three months ended in Mar. 2024 was ₹1,792 Mil. Therefore, Kesar Enterprises's Gross Margin % for the quarter that ended in Mar. 2024 was 28.70%.


The historical rank and industry rank for Kesar Enterprises's Gross Margin % or its related term are showing as below:

BOM:507180' s Gross Margin % Range Over the Past 10 Years
Min: 4.62   Med: 16.75   Max: 27.35
Current: 20.33


During the past 13 years, the highest Gross Margin % of Kesar Enterprises was 27.35%. The lowest was 4.62%. And the median was 16.75%.

BOM:507180's Gross Margin % is ranked worse than
62.11% of 1805 companies
in the Consumer Packaged Goods industry
Industry Median: 25.35 vs BOM:507180: 20.33

Kesar Enterprises had a gross margin of 28.70% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kesar Enterprises was -1.00% per year.


Kesar Enterprises Gross Margin % Historical Data

The historical data trend for Kesar Enterprises's Gross Margin % 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.

Kesar Enterprises Gross Margin % Chart

Kesar Enterprises Annual Data
Trend Jun14 Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.37 16.57 15.18 15.52 20.33

Kesar Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % 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 22.96 20.32 12.40 13.83 28.70

Competitive Comparison of Kesar Enterprises's Gross Margin %

For the Confectioners subindustry, Kesar Enterprises's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Kesar Enterprises's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kesar Enterprises's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kesar Enterprises's Gross Margin % falls into.



Kesar Enterprises Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Kesar Enterprises's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=1079.8 / 5310.561
=(Revenue - Cost of Goods Sold) / Revenue
=(5310.561 - 4230.803) / 5310.561
=20.33 %

Kesar Enterprises'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 )
=514.3 / 1791.736
=(Revenue - Cost of Goods Sold) / Revenue
=(1791.736 - 1277.422) / 1791.736
=28.70 %

* 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.


Kesar Enterprises  (BOM:507180) Gross Margin % 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

Kesar Enterprises had a gross margin of 28.70% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Kesar Enterprises Gross Margin % Related Terms

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Kesar Enterprises (BOM:507180) Business Description

Traded in Other Exchanges
N/A
Address
7 Jamshedji Tata Road, Oriental House, 6th Floor, Churchgate, Mumbai, MH, IND, 400020
Kesar Enterprises Ltd is engaged in the manufacture of sugar and its byproducts, manufacture of alcohol and alcoholic beverages by distillation, including ethanol, and generation of renewable power. Its segments are Sugar, Power, and Spirits. Major revenue of the company is generated from the sugar segment.

Kesar Enterprises (BOM:507180) Headlines

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