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Fine Organic Industries (BOM:541557) Gross Margin % : 44.10% (As of Mar. 2024)


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What is Fine Organic Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fine Organic Industries's Gross Profit for the three months ended in Mar. 2024 was ₹2,412 Mil. Fine Organic Industries's Revenue for the three months ended in Mar. 2024 was ₹5,469 Mil. Therefore, Fine Organic Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 44.10%.


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

BOM:541557' s Gross Margin % Range Over the Past 10 Years
Min: 34.8   Med: 37.57   Max: 42.67
Current: 42.67


During the past 12 years, the highest Gross Margin % of Fine Organic Industries was 42.67%. The lowest was 34.80%. And the median was 37.57%.

BOM:541557's Gross Margin % is ranked better than
86.95% of 1510 companies
in the Chemicals industry
Industry Median: 22.355 vs BOM:541557: 42.67

Fine Organic Industries had a gross margin of 44.10% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fine Organic Industries was 1.60% per year.


Fine Organic Industries Gross Margin % Historical Data

The historical data trend for Fine Organic Industries'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.

Fine Organic Industries Gross Margin % Chart

Fine Organic Industries 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 41.26 35.90 36.66 40.98 42.67

Fine Organic Industries 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 49.57 40.66 42.78 43.21 44.10

Competitive Comparison of Fine Organic Industries's Gross Margin %

For the Specialty Chemicals subindustry, Fine Organic Industries'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.


Fine Organic Industries's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fine Organic Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fine Organic Industries's Gross Margin % falls into.



Fine Organic Industries Gross Margin % Calculation

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

Fine Organic Industries'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 )
=9059.2 / 21229.517
=(Revenue - Cost of Goods Sold) / Revenue
=(21229.517 - 12170.34) / 21229.517
=42.67 %

Fine Organic Industries'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 )
=2411.5 / 5468.83
=(Revenue - Cost of Goods Sold) / Revenue
=(5468.83 - 3057.321) / 5468.83
=44.10 %

* 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.


Fine Organic Industries  (BOM:541557) 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

Fine Organic Industries had a gross margin of 44.10% 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.


Fine Organic Industries Gross Margin % Related Terms

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Fine Organic Industries (BOM:541557) Business Description

Traded in Other Exchanges
Address
Anandji Street, Off M. G. Road, Fine House, Ghatkopar (East), Mumbai, MH, IND, 400 077
Fine Organic Industries Ltd is an Indian company engaged in the business of manufacturing oleo chemical-based additives. The company produces specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, and several other specialty applications.

Fine Organic Industries (BOM:541557) Headlines

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