PBM Polytex (BOM:514087) Gross Margin % : 28.30% (As of Dec. 2023)

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What is PBM Polytex Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PBM Polytex's Gross Profit for the three months ended in Dec. 2023 was ₹124 Mil. PBM Polytex's Revenue for the three months ended in Dec. 2023 was ₹439 Mil. Therefore, PBM Polytex's Gross Margin % for the quarter that ended in Dec. 2023 was 28.30%.

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

BOM:514087' s Gross Margin % Range Over the Past 10 Years
Min: 27.22 Med: 36.82 Max: 42.72
Current: 27.22

During the past 13 years, the highest Gross Margin % of PBM Polytex was 42.72%. The lowest was 27.22%. And the median was 36.82%.

BOM:514087's Gross Margin % is ranked better than
51.61% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 26.22 vs BOM:514087: 27.22

PBM Polytex had a gross margin of 28.30% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PBM Polytex was -0.20% per year.

PBM Polytex Gross Margin % Historical Data

The historical data trend for PBM Polytex'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.

PBM Polytex Gross Margin % Chart

PBM Polytex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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35.49

33.67

36.17

40.16

31.36

PBM Polytex 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															21.49	28.07	29.15	23.71	28.30

Competitive Comparison of PBM Polytex's Gross Margin %

For the Textile Manufacturing subindustry, PBM Polytex'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.

PBM Polytex's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PBM Polytex's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PBM Polytex's Gross Margin % falls into.

PBM Polytex Gross Margin % Calculation

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

PBM Polytex'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 )
	=	634	/	2022.084
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2022.084 - 1388.059)	/	2022.084
	=	31.36 %

PBM Polytex'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 )
	=	124.1	/	438.603
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(438.603 - 314.472)	/	438.603
	=	28.30 %

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.

PBM Polytex (BOM:514087) 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

PBM Polytex had a gross margin of 28.30% 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.

PBM Polytex Gross Margin % Related Terms

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PBM Polytex (BOM:514087) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PBM Polytex Ltd (BOM:514087) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Productivity Road, Alkapuri, 8th Floor, Ramakrishna Chambers, Vadodara, GJ, IND, 390 007

Website

https://www.pbmpolytex.com

PBM Polytex Ltd is a yarn manufacturing company. The company is engaged in the manufacturing and processing of cotton yarn and having two cotton spinning units one at Petlad (Gujarat) and another at Borgaon (Madhya Pradesh). It has also four Windmills generating electricity. The company offers raw cotton, such as Shankar 6, and imported varieties, such as Egyptian-Giza, Californian Acala SJV, USA Pima, Israel Pima, Peruvian PIMA, Sudan VS, Australian, Central American SJV, West African and Turkish. Its yarns are used in applications, such as knitting, weaving, gassing, and mercerizing.

PBM Polytex (BOM:514087) Headlines

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