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Indrayani Biotech (BOM:526445) Gross Margin % : 54.91% (As of Mar. 2024)


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What is Indrayani Biotech Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Indrayani Biotech's Gross Profit for the three months ended in Mar. 2024 was ₹244 Mil. Indrayani Biotech's Revenue for the three months ended in Mar. 2024 was ₹444 Mil. Therefore, Indrayani Biotech's Gross Margin % for the quarter that ended in Mar. 2024 was 54.91%.


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

BOM:526445' s Gross Margin % Range Over the Past 10 Years
Min: 25.21   Med: 34.91   Max: 41.57
Current: 41.57


During the past 13 years, the highest Gross Margin % of Indrayani Biotech was 41.57%. The lowest was 25.21%. And the median was 34.91%.

BOM:526445's Gross Margin % is ranked better than
59.82% of 988 companies
in the Business Services industry
Industry Median: 34.67 vs BOM:526445: 41.57

Indrayani Biotech had a gross margin of 54.91% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indrayani Biotech was 0.00% per year.


Indrayani Biotech Gross Margin % Historical Data

The historical data trend for Indrayani Biotech'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.

Indrayani Biotech Gross Margin % Chart

Indrayani Biotech 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 34.91 25.21 33.34 37.26 41.57

Indrayani Biotech 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 35.35 33.46 39.37 37.47 54.91

Competitive Comparison of Indrayani Biotech's Gross Margin %

For the Specialty Business Services subindustry, Indrayani Biotech'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.


Indrayani Biotech's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Indrayani Biotech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indrayani Biotech's Gross Margin % falls into.



Indrayani Biotech Gross Margin % Calculation

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

Indrayani Biotech'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 )
=690.9 / 1662.256
=(Revenue - Cost of Goods Sold) / Revenue
=(1662.256 - 971.325) / 1662.256
=41.57 %

Indrayani Biotech'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 )
=243.7 / 443.802
=(Revenue - Cost of Goods Sold) / Revenue
=(443.802 - 200.122) / 443.802
=54.91 %

* 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.


Indrayani Biotech  (BOM:526445) 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

Indrayani Biotech had a gross margin of 54.91% 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.


Indrayani Biotech Gross Margin % Related Terms

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Indrayani Biotech (BOM:526445) Business Description

Traded in Other Exchanges
N/A
Address
Module No. 32-33, Block 1, 3rd Floor, SIDCO Electronic Complex, Thiru-vi-ka Industrial Estate, Guindy, Chennai, TN, IND, 600032
Indrayani Biotech Ltd operates in the Tri-segment i.e. Foods & Hospitality, Engineering and Healthcare divisions. The company generates its revenue from the sale of food, beverages, sale of Milk products & related services, sale of Engineering products & others, and sale of services. The majority of its revenue is generated from the sale of Milk products & related services.

Indrayani Biotech (BOM:526445) Headlines

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