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Godrej Industries (BOM:500164) Gross Margin % : 34.57% (As of Mar. 2024)


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What is Godrej Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Godrej Industries's Gross Profit for the three months ended in Mar. 2024 was ₹15,789 Mil. Godrej Industries's Revenue for the three months ended in Mar. 2024 was ₹45,673 Mil. Therefore, Godrej Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 34.57%.


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

BOM:500164' s Gross Margin % Range Over the Past 10 Years
Min: 17.54   Med: 24.02   Max: 31.21
Current: 31.21


During the past 13 years, the highest Gross Margin % of Godrej Industries was 31.21%. The lowest was 17.54%. And the median was 24.02%.

BOM:500164's Gross Margin % is ranked better than
64.11% of 482 companies
in the Conglomerates industry
Industry Median: 24.765 vs BOM:500164: 31.21

Godrej Industries had a gross margin of 34.57% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Godrej Industries was 5.50% per year.


Godrej Industries Gross Margin % Historical Data

The historical data trend for Godrej Industries'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.

Godrej Industries Gross Margin % Chart

Godrej Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.45 25.66 24.73 27.64 31.21

Godrej Industries 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 30.69 27.78 29.99 32.57 34.57

Competitive Comparison of Godrej Industries's Gross Margin %

For the Conglomerates subindustry, Godrej Industries'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.


Godrej Industries's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Godrej Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Godrej Industries's Gross Margin % falls into.



Godrej Industries Gross Margin % Calculation

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

Godrej Industries'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 )
=51804 / 166006.2
=(Revenue - Cost of Goods Sold) / Revenue
=(166006.2 - 114202.2) / 166006.2
=31.21 %

Godrej 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 )
=15788.7 / 45672.7
=(Revenue - Cost of Goods Sold) / Revenue
=(45672.7 - 29884) / 45672.7
=34.57 %

* 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.


Godrej Industries  (BOM:500164) 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

Godrej Industries had a gross margin of 34.57% 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.


Godrej Industries Gross Margin % Related Terms

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Godrej Industries (BOM:500164) Business Description

Traded in Other Exchanges
Address
Godrej One, Pirojshanagar, Eastern Express Highway, Vikhroli (East), Mumbai, MH, IND, 400 079
Godrej Industries Ltd is an India-based conglomerate with activities in agriculture, chemicals, real estate, and consumer goods. The firm has eight segments. The estate and property development segment develops, leases, and sells residential and commercial properties. The animal feed segment sells animal feed compounds for cattle, poultry, shrimp, and fish. The vegetable oils segment produces refined vegetable oils. The chemicals segment sells compounds used to make soaps, detergents, and other consumer products. The dairy segment sells milk and milk-based products. The crop protection segment provides pesticides and growth compounds. The two smallest segments account for finance and investments as well as uncategorized revenue. Most of the company's revenue comes from India.

Godrej Industries (BOM:500164) Headlines

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