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Adarsh Mercantile (BOM:538563) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Adarsh Mercantile Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Adarsh Mercantile's Gross Profit for the three months ended in Dec. 2023 was ₹0.69 Mil. Adarsh Mercantile's Revenue for the three months ended in Dec. 2023 was ₹0.00 Mil. Therefore, Adarsh Mercantile's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%.


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

BOM:538563' s Gross Margin % Range Over the Past 10 Years
Min: -38.89   Med: 7.94   Max: 34.4
Current: 34.4


During the past 10 years, the highest Gross Margin % of Adarsh Mercantile was 34.40%. The lowest was -38.89%. And the median was 7.94%.

BOM:538563's Gross Margin % is ranked better than
63.07% of 1029 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.62 vs BOM:538563: 34.40

Adarsh Mercantile had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Adarsh Mercantile Gross Margin % Historical Data

The historical data trend for Adarsh Mercantile'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.

Adarsh Mercantile Gross Margin % Chart

Adarsh Mercantile Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.30 -38.89 14.84 15.88 -15.89

Adarsh Mercantile 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 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 - -11.64 268.46 1,945.45 -

Competitive Comparison of Adarsh Mercantile's Gross Margin %

For the Textile Manufacturing subindustry, Adarsh Mercantile'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.


Adarsh Mercantile's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Adarsh Mercantile Gross Margin % Calculation

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

Adarsh Mercantile'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 )
=-0.4 / 2.631
=(Revenue - Cost of Goods Sold) / Revenue
=(2.631 - 3.049) / 2.631
=-15.89 %

Adarsh Mercantile'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 )
=0.7 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - -0.692) / 0
= %

* 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.


Adarsh Mercantile  (BOM:538563) 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

Adarsh Mercantile had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable 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.


Adarsh Mercantile Gross Margin % Related Terms

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


Adarsh Mercantile (BOM:538563) Business Description

Traded in Other Exchanges
N/A
Address
3, Alipore Road, 8A and 8B, Satyam Towers, Kolkata, WB, IND, 700 027
Adarsh Mercantile Ltd is an Indian company that operates in the commodity and financial services industry. The company is engaged in the business of trading goods, trading and investment in shares and securities. It is also engaged in investment in property. The company generates maximum revenue from the sale of Green tea leaf.

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