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Rubfila International (BOM:500367) Gross Margin % : 28.16% (As of Dec. 2023)


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What is Rubfila International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rubfila International's Gross Profit for the three months ended in Dec. 2023 was ₹290 Mil. Rubfila International's Revenue for the three months ended in Dec. 2023 was ₹1,029 Mil. Therefore, Rubfila International's Gross Margin % for the quarter that ended in Dec. 2023 was 28.16%.


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

BOM:500367' s Gross Margin % Range Over the Past 10 Years
Min: 23.65   Med: 27.87   Max: 34.35
Current: 28.29


During the past 13 years, the highest Gross Margin % of Rubfila International was 34.35%. The lowest was 23.65%. And the median was 27.87%.

BOM:500367's Gross Margin % is ranked better than
64.99% of 1508 companies
in the Chemicals industry
Industry Median: 22.28 vs BOM:500367: 28.29

Rubfila International had a gross margin of 28.16% for the quarter that ended in Dec. 2023 => Competition eroding margins

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


Rubfila International Gross Margin % Historical Data

The historical data trend for Rubfila International'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.

Rubfila International Gross Margin % Chart

Rubfila International 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 27.52 27.79 34.35 30.08 28.96

Rubfila International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.96 29.89 26.77 28.48 28.16

Competitive Comparison of Rubfila International's Gross Margin %

For the Specialty Chemicals subindustry, Rubfila International'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.


Rubfila International's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rubfila International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Rubfila International's Gross Margin % falls into.



Rubfila International Gross Margin % Calculation

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

Rubfila International'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 )
=1321.4 / 4563.432
=(Revenue - Cost of Goods Sold) / Revenue
=(4563.432 - 3241.997) / 4563.432
=28.96 %

Rubfila International's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=289.8 / 1029.405
=(Revenue - Cost of Goods Sold) / Revenue
=(1029.405 - 739.569) / 1029.405
=28.16 %

* 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.


Rubfila International  (BOM:500367) 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

Rubfila International had a gross margin of 28.16% for the quarter that ended in Dec. 2023 => 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.


Rubfila International Gross Margin % Related Terms

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Rubfila International (BOM:500367) Business Description

Traded in Other Exchanges
N/A
Address
NIDA, Menonpara Road, Kanjikode P.O., Palakkad, KL, IND, 678 621
Rubfila International Ltd is a manufacturer of both talcum-coated and silicon-coated Coated Rubber threads in India. Geographically, it derives a majority of its revenue from India and also has a presence in Asia and America. Its offering includes talc-coated rubber thread, silicone-coated rubber thread, colored rubber threads, furniture-grade rubber threads, and rubber thread in bobbins. It generates revenue from the manufacture and sale of Latex Rubber.

Rubfila International (BOM:500367) Headlines

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