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Orient Ceratech (BOM:504879) Gross Margin % : 44.80% (As of Dec. 2023)


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What is Orient Ceratech Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Orient Ceratech's Gross Profit for the three months ended in Dec. 2023 was ₹336 Mil. Orient Ceratech's Revenue for the three months ended in Dec. 2023 was ₹751 Mil. Therefore, Orient Ceratech's Gross Margin % for the quarter that ended in Dec. 2023 was 44.80%.


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

BOM:504879' s Gross Margin % Range Over the Past 10 Years
Min: 29.62   Med: 37.88   Max: 73.94
Current: 38.8


During the past 13 years, the highest Gross Margin % of Orient Ceratech was 73.94%. The lowest was 29.62%. And the median was 37.88%.

BOM:504879's Gross Margin % is ranked better than
82.13% of 1511 companies
in the Chemicals industry
Industry Median: 22.33 vs BOM:504879: 38.80

Orient Ceratech had a gross margin of 44.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Orient Ceratech was 2.10% per year.


Orient Ceratech Gross Margin % Historical Data

The historical data trend for Orient Ceratech'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.

Orient Ceratech Gross Margin % Chart

Orient Ceratech 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 33.41 40.46 40.46 33.50 34.15

Orient Ceratech 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 39.49 31.19 37.14 42.81 44.80

Competitive Comparison of Orient Ceratech's Gross Margin %

For the Specialty Chemicals subindustry, Orient Ceratech'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.


Orient Ceratech's Gross Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Orient Ceratech's Gross Margin % falls into.



Orient Ceratech Gross Margin % Calculation

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

Orient Ceratech'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 )
=1031.9 / 3022.075
=(Revenue - Cost of Goods Sold) / Revenue
=(3022.075 - 1990.16) / 3022.075
=34.15 %

Orient Ceratech'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 )
=336.3 / 750.501
=(Revenue - Cost of Goods Sold) / Revenue
=(750.501 - 414.244) / 750.501
=44.80 %

* 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.


Orient Ceratech  (BOM:504879) 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

Orient Ceratech had a gross margin of 44.80% for the quarter that ended in Dec. 2023 => Durable 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.


Orient Ceratech Gross Margin % Related Terms

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Orient Ceratech (BOM:504879) Business Description

Traded in Other Exchanges
Address
D.N. Road, Jeevan Udyog Building, 2nd Floor, 278, Fort, Mumbai, MH, IND, 400 001
Orient Ceratech Ltd is an Indian-based company. It has two reportable segments: Alumina Refactories, Monolithics products, and bauxite ores, which are the key revenue driver; and Power generation. Alumina Refractories and Monolithics products manufacture calcined bauxite, fused aluminum oxide abrasive grains, and low cement castables which are mainly consumed in steel plants. The company also has a thermal power plant, furnace oil-based power plant, and windmills. The power generated from the thermal power plant and furnace oil-based power plant is captively consumed at the plant and power generated from windmills is sold to the respective state power distribution companies.

Orient Ceratech (BOM:504879) Headlines

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