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SMVD Poly Pack (NSE:SMVD) Gross Margin % : 14.20% (As of Sep. 2023)


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What is SMVD Poly Pack Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SMVD Poly Pack's Gross Profit for the six months ended in Sep. 2023 was ₹33.0 Mil. SMVD Poly Pack's Revenue for the six months ended in Sep. 2023 was ₹232.3 Mil. Therefore, SMVD Poly Pack's Gross Margin % for the quarter that ended in Sep. 2023 was 14.20%.


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

NSE:SMVD' s Gross Margin % Range Over the Past 10 Years
Min: 14.16   Med: 22.46   Max: 26.8
Current: 17.31


During the past 11 years, the highest Gross Margin % of SMVD Poly Pack was 26.80%. The lowest was 14.16%. And the median was 22.46%.

NSE:SMVD's Gross Margin % is ranked worse than
69.38% of 369 companies
in the Packaging & Containers industry
Industry Median: 21.77 vs NSE:SMVD: 17.31

SMVD Poly Pack had a gross margin of 14.20% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SMVD Poly Pack was 1.00% per year.


SMVD Poly Pack Gross Margin % Historical Data

The historical data trend for SMVD Poly Pack'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.

SMVD Poly Pack Gross Margin % Chart

SMVD Poly Pack Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.73 26.80 25.87 25.61 22.97

SMVD Poly Pack Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 26.91 24.49 29.64 18.78 14.20

Competitive Comparison of SMVD Poly Pack's Gross Margin %

For the Packaging & Containers subindustry, SMVD Poly Pack'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.


SMVD Poly Pack's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SMVD Poly Pack's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SMVD Poly Pack's Gross Margin % falls into.



SMVD Poly Pack Gross Margin % Calculation

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

SMVD Poly Pack's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=183 / 796.62
=(Revenue - Cost of Goods Sold) / Revenue
=(796.62 - 613.67) / 796.62
=22.97 %

SMVD Poly Pack's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=33 / 232.305
=(Revenue - Cost of Goods Sold) / Revenue
=(232.305 - 199.308) / 232.305
=14.20 %

* 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.


SMVD Poly Pack  (NSE:SMVD) 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

SMVD Poly Pack had a gross margin of 14.20% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


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.


SMVD Poly Pack Gross Margin % Related Terms

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SMVD Poly Pack (NSE:SMVD) Business Description

Traded in Other Exchanges
N/A
Address
16, Strand Road, 8th Floor, Suite No.- 804B, Diamond Heritage, Kolkata, WB, IND, 700 001
SMVD Poly Pack Ltd is an Indian company engaged in manufacturing Polypropylene/ High-Density Polyethylene woven sacks bags and sacks, Leno Bags, Jumbo (Flexible Intermediate Bulk Container) FIBC Bags, and HDPE Tarpaulin. The company serves many industries such as fertilizer plants, cement plants, chemical industries, flour mills, Steel, Plastic compounds, Rice Plants, Poultry Farms, and others. It operates through two segments: Plastic products and Water Coconut.

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