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Rajoo Engineers (BOM:522257) Gross Margin % : 52.45% (As of Mar. 2024)


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What is Rajoo Engineers Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rajoo Engineers's Gross Profit for the three months ended in Mar. 2024 was ₹276 Mil. Rajoo Engineers's Revenue for the three months ended in Mar. 2024 was ₹526 Mil. Therefore, Rajoo Engineers's Gross Margin % for the quarter that ended in Mar. 2024 was 52.45%.


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

BOM:522257' s Gross Margin % Range Over the Past 10 Years
Min: 23.59   Med: 35.03   Max: 40.5
Current: 40.5


During the past 13 years, the highest Gross Margin % of Rajoo Engineers was 40.50%. The lowest was 23.59%. And the median was 35.03%.

BOM:522257's Gross Margin % is ranked better than
80.94% of 2938 companies
in the Industrial Products industry
Industry Median: 26.39 vs BOM:522257: 40.50

Rajoo Engineers had a gross margin of 52.45% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rajoo Engineers was 1.50% per year.


Rajoo Engineers Gross Margin % Historical Data

The historical data trend for Rajoo Engineers'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.

Rajoo Engineers Gross Margin % Chart

Rajoo Engineers 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 38.80 34.20 29.70 38.32 40.50

Rajoo Engineers 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 31.51 37.30 37.20 34.63 52.45

Competitive Comparison of Rajoo Engineers's Gross Margin %

For the Specialty Industrial Machinery subindustry, Rajoo Engineers'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.


Rajoo Engineers's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rajoo Engineers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Rajoo Engineers's Gross Margin % falls into.



Rajoo Engineers Gross Margin % Calculation

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

Rajoo Engineers'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 )
=799.2 / 1973.502
=(Revenue - Cost of Goods Sold) / Revenue
=(1973.502 - 1174.255) / 1973.502
=40.50 %

Rajoo Engineers'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 )
=275.9 / 526.1
=(Revenue - Cost of Goods Sold) / Revenue
=(526.1 - 250.155) / 526.1
=52.45 %

* 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.


Rajoo Engineers  (BOM:522257) 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

Rajoo Engineers had a gross margin of 52.45% for the quarter that ended in Mar. 2024 => 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.


Rajoo Engineers Gross Margin % Related Terms

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Rajoo Engineers (BOM:522257) Business Description

Traded in Other Exchanges
N/A
Address
Rajoo Avenue, Survey Number 210, Plot Number 1, Industrial Area, Veraval (Shapar), Rajkot, GJ, IND, 360 024
Rajoo Engineers Ltd manufactures and sells plastic processing machinery and post extrusion equipment. The company's products and solutions include Monolayer Blown Film Lines, Downward Extrusion Blown Film Lines, Multilayer Blown Film Lines, 5 Layer Polyolefin Dedicated, PS/PP/ABS Sheet Lines, PS/PE Foam Extrusion Lines, Thermoforming, PS Foam Vacuum Forming Machines, Twin Screw, Pipe Plant, Drip Irrigation Pipe Plant for Round, Flat Dripper, Lab Equipment and others. Company products apply to flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceuticals, stationery, printing, etc. It serves the domestic and international markets and derives substantial revenue from the sale of services overseas.

Rajoo Engineers (BOM:522257) Headlines

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