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Best Agrolife (BOM:539660) Gross Margin % : -7.50% (As of Mar. 2024)


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What is Best Agrolife Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Best Agrolife's Gross Profit for the three months ended in Mar. 2024 was ₹-102 Mil. Best Agrolife's Revenue for the three months ended in Mar. 2024 was ₹1,354 Mil. Therefore, Best Agrolife's Gross Margin % for the quarter that ended in Mar. 2024 was -7.50%.


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

BOM:539660' s Gross Margin % Range Over the Past 10 Years
Min: -1.07   Med: 5.41   Max: 28.27
Current: 24.49


During the past 10 years, the highest Gross Margin % of Best Agrolife was 28.27%. The lowest was -1.07%. And the median was 5.41%.

BOM:539660's Gross Margin % is ranked worse than
50.64% of 235 companies
in the Agriculture industry
Industry Median: 24.52 vs BOM:539660: 24.49

Best Agrolife had a gross margin of -7.50% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Best Agrolife was 51.10% per year.


Best Agrolife Gross Margin % Historical Data

The historical data trend for Best Agrolife'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.

Best Agrolife Gross Margin % Chart

Best Agrolife 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 5.41 8.05 18.50 28.27 24.49

Best Agrolife 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 19.00 29.92 26.38 22.78 -7.50

Competitive Comparison of Best Agrolife's Gross Margin %

For the Agricultural Inputs subindustry, Best Agrolife'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.


Best Agrolife's Gross Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Best Agrolife's Gross Margin % distribution charts can be found below:

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



Best Agrolife Gross Margin % Calculation

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

Best Agrolife'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 )
=4587 / 18733.19
=(Revenue - Cost of Goods Sold) / Revenue
=(18733.19 - 14146.15) / 18733.19
=24.49 %

Best Agrolife'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 )
=-101.5 / 1353.92
=(Revenue - Cost of Goods Sold) / Revenue
=(1353.92 - 1455.43) / 1353.92
=-7.50 %

* 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.


Best Agrolife  (BOM:539660) 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

Best Agrolife had a gross margin of -7.50% for the quarter that ended in Mar. 2024 => 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.


Best Agrolife Gross Margin % Related Terms

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


Best Agrolife (BOM:539660) Business Description

Traded in Other Exchanges
Address
B-4, Bhagwan Dass Nagar, East Punjabi Bagh, New Delhi, IND, 110026
Best Agrolife Ltd operates in the agrochemical industry. The company's operating segment is the Trading of Agro-based products. Its product range includes Insecticides, Herbicides, Fungicides, Plant growth regulators, and others. It sells the products in India.

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