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Hatsun Agro Product (BOM:531531) Gross Margin % : 30.66% (As of Mar. 2024)


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What is Hatsun Agro Product Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hatsun Agro Product's Gross Profit for the three months ended in Mar. 2024 was ₹6,275 Mil. Hatsun Agro Product's Revenue for the three months ended in Mar. 2024 was ₹20,469 Mil. Therefore, Hatsun Agro Product's Gross Margin % for the quarter that ended in Mar. 2024 was 30.66%.


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

BOM:531531' s Gross Margin % Range Over the Past 10 Years
Min: 24.56   Med: 28.62   Max: 31.31
Current: 29.68


During the past 13 years, the highest Gross Margin % of Hatsun Agro Product was 31.31%. The lowest was 24.56%. And the median was 28.62%.

BOM:531531's Gross Margin % is ranked better than
60.95% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.085 vs BOM:531531: 29.68

Hatsun Agro Product had a gross margin of 30.66% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hatsun Agro Product was 0.00% per year.


Hatsun Agro Product Gross Margin % Historical Data

The historical data trend for Hatsun Agro Product'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.

Hatsun Agro Product Gross Margin % Chart

Hatsun Agro Product 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 28.75 31.31 30.28 28.48 29.68

Hatsun Agro Product 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 26.79 27.86 30.01 30.36 30.66

Competitive Comparison of Hatsun Agro Product's Gross Margin %

For the Packaged Foods subindustry, Hatsun Agro Product'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.


Hatsun Agro Product's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hatsun Agro Product's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hatsun Agro Product's Gross Margin % falls into.



Hatsun Agro Product Gross Margin % Calculation

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

Hatsun Agro Product'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 )
=23713.8 / 79904.039
=(Revenue - Cost of Goods Sold) / Revenue
=(79904.039 - 56190.199) / 79904.039
=29.68 %

Hatsun Agro Product'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 )
=6275.3 / 20468.722
=(Revenue - Cost of Goods Sold) / Revenue
=(20468.722 - 14193.413) / 20468.722
=30.66 %

* 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.


Hatsun Agro Product  (BOM:531531) 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

Hatsun Agro Product had a gross margin of 30.66% 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.


Hatsun Agro Product Gross Margin % Related Terms

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


Hatsun Agro Product (BOM:531531) Business Description

Traded in Other Exchanges
Address
Plot No. 14, TNHB, Tamil Nadu Housing Board 'A' Road, Sholinganallur, Chennai, TN, IND, 600 119
Hatsun Agro Product Ltd provides a range of dairy products for the areas of cooking and consumption. Its products include milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, cattle feed, and others. The firm markets its products under Arokya, Hatsun, Arun, and Ibaco brand names. The company operates in single-segment Milk and Milk products. The company derives the majority of its revenue from the Milk and Milk products segment. Geographically, it generates maximum revenue from India.

Hatsun Agro Product (BOM:531531) Headlines

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