GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bilcare Ltd (BOM:526853) » Definitions » Gross Margin %

Bilcare (BOM:526853) Gross Margin % : 30.24% (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Bilcare Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bilcare's Gross Profit for the three months ended in Mar. 2024 was ₹605 Mil. Bilcare's Revenue for the three months ended in Mar. 2024 was ₹2,001 Mil. Therefore, Bilcare's Gross Margin % for the quarter that ended in Mar. 2024 was 30.24%.

Warning Sign:

Bilcare Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


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

BOM:526853' s Gross Margin % Range Over the Past 10 Years
Min: 21.78   Med: 37.19   Max: 46.04
Current: 32.94


During the past 13 years, the highest Gross Margin % of Bilcare was 46.04%. The lowest was 21.78%. And the median was 37.19%.

BOM:526853's Gross Margin % is ranked better than
77.38% of 367 companies
in the Packaging & Containers industry
Industry Median: 21.74 vs BOM:526853: 32.94

Bilcare had a gross margin of 30.24% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bilcare was -4.30% per year.


Bilcare Gross Margin % Historical Data

The historical data trend for Bilcare'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.

Bilcare Gross Margin % Chart

Bilcare 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 36.88 21.78 29.10 24.87 32.94

Bilcare 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 20.42 32.89 32.36 36.71 30.24

Competitive Comparison of Bilcare's Gross Margin %

For the Packaging & Containers subindustry, Bilcare'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.


Bilcare's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bilcare's Gross Margin % distribution charts can be found below:

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



Bilcare Gross Margin % Calculation

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

Bilcare'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 )
=2461.2 / 7471.8
=(Revenue - Cost of Goods Sold) / Revenue
=(7471.8 - 5010.6) / 7471.8
=32.94 %

Bilcare'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 )
=605.1 / 2000.7
=(Revenue - Cost of Goods Sold) / Revenue
=(2000.7 - 1395.6) / 2000.7
=30.24 %

* 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.


Bilcare  (BOM:526853) 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

Bilcare had a gross margin of 30.24% for the quarter that ended in Mar. 2024 => 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.


Bilcare Gross Margin % Related Terms

Thank you for viewing the detailed overview of Bilcare's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bilcare (BOM:526853) Business Description

Traded in Other Exchanges
N/A
Address
Senapati Bapat Road, 601, ICC Trade Tower, B wing, 6th Floor, Pune, MH, IND, 411016
Bilcare Ltd is an Indian company engaged in pharma packaging research solutions. It offers effective and affordable packaging solutions. It offers pharmaceutical packaging solutions comprising specialty polymer films and Aluminium foils used for packaging of solid dosage pharmaceutical products. It also provides Clinical Trial Materials (CTM) services to the pharmaceutical and biotechnology industries under Bilcare Global Clinical Supplies. Bilcare also offers packaging films solutions to ID Card industry, Specialty Films Applications, and Food packaging industry.

Bilcare (BOM:526853) Headlines

No Headlines