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Borosil (BOM:543212) Gross Margin % : 61.86% (As of Mar. 2024)


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What is Borosil Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Borosil's Gross Profit for the three months ended in Mar. 2024 was ₹1,416 Mil. Borosil's Revenue for the three months ended in Mar. 2024 was ₹2,289 Mil. Therefore, Borosil's Gross Margin % for the quarter that ended in Mar. 2024 was 61.86%.


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

BOM:543212' s Gross Margin % Range Over the Past 10 Years
Min: 39.98   Med: 46.31   Max: 61.92
Current: 61.92


During the past 7 years, the highest Gross Margin % of Borosil was 61.92%. The lowest was 39.98%. And the median was 46.31%.

BOM:543212's Gross Margin % is ranked better than
96.07% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.89 vs BOM:543212: 61.92

Borosil had a gross margin of 61.86% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Borosil was 4.80% per year.


Borosil Gross Margin % Historical Data

The historical data trend for Borosil'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.

Borosil Gross Margin % Chart

Borosil Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 46.31 43.89 46.10 53.74 59.67

Borosil Quarterly Data
Mar19 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 66.22 67.03 64.39 55.19 61.86

Competitive Comparison of Borosil's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Borosil'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.


Borosil's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Borosil's Gross Margin % distribution charts can be found below:

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



Borosil Gross Margin % Calculation

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

Borosil'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 )
=5622.9 / 9422.518
=(Revenue - Cost of Goods Sold) / Revenue
=(9422.518 - 3799.631) / 9422.518
=59.67 %

Borosil'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 )
=1415.9 / 2288.795
=(Revenue - Cost of Goods Sold) / Revenue
=(2288.795 - 872.895) / 2288.795
=61.86 %

* 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.


Borosil  (BOM:543212) 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

Borosil had a gross margin of 61.86% 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.


Borosil Gross Margin % Related Terms

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


Borosil (BOM:543212) Business Description

Traded in Other Exchanges
Address
1101, Crescenzo, G-Block, Plot No C-38, Opposite MCA Club, 11th Floor, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Borosil Ltd is a consumer glassware company. The company is engaged in the manufacturing and trading of consumer-ware tableware items. Its business segments include Consumerware comprising of manufacturing and trading of items for domestic use. Scientificware comprises of manufacturing and trading of items used in laboratories, scientific ware, and pharmaceutical packaging. Investments comprising Investment activities. Geographically, the firm generates a majority of its revenue from India.

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