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Shashwat Furnishing Solutions (BOM:543519) Gross Margin % : 17.78% (As of Mar. 2024)


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What is Shashwat Furnishing Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shashwat Furnishing Solutions's Gross Profit for the six months ended in Mar. 2024 was ₹3.63 Mil. Shashwat Furnishing Solutions's Revenue for the six months ended in Mar. 2024 was ₹20.43 Mil. Therefore, Shashwat Furnishing Solutions's Gross Margin % for the quarter that ended in Mar. 2024 was 17.78%.


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

BOM:543519' s Gross Margin % Range Over the Past 10 Years
Min: 20.35   Med: 27.69   Max: 35.17
Current: 20.35


During the past 4 years, the highest Gross Margin % of Shashwat Furnishing Solutions was 35.17%. The lowest was 20.35%. And the median was 27.69%.

BOM:543519's Gross Margin % is ranked worse than
77.53% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.09 vs BOM:543519: 20.35

Shashwat Furnishing Solutions had a gross margin of 17.78% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shashwat Furnishing Solutions was 0.00% per year.


Shashwat Furnishing Solutions Gross Margin % Historical Data

The historical data trend for Shashwat Furnishing Solutions'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.

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Shashwat Furnishing Solutions Gross Margin % Chart

Shashwat Furnishing Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Margin %
- 35.17 27.69 20.35

Shashwat Furnishing Solutions Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Margin % Get a 7-Day Free Trial 34.84 26.26 15.72 25.50 17.78

Competitive Comparison of Shashwat Furnishing Solutions's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Shashwat Furnishing Solutions'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.


Shashwat Furnishing Solutions's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Shashwat Furnishing Solutions's Gross Margin % falls into.



Shashwat Furnishing Solutions Gross Margin % Calculation

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

Shashwat Furnishing Solutions'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 )
=6.2 / 30.613
=(Revenue - Cost of Goods Sold) / Revenue
=(30.613 - 24.384) / 30.613
=20.35 %

Shashwat Furnishing Solutions'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 )
=3.6 / 20.428
=(Revenue - Cost of Goods Sold) / Revenue
=(20.428 - 16.796) / 20.428
=17.78 %

* 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.


Shashwat Furnishing Solutions  (BOM:543519) 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

Shashwat Furnishing Solutions had a gross margin of 17.78% 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.


Shashwat Furnishing Solutions Gross Margin % Related Terms

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Shashwat Furnishing Solutions (BOM:543519) Business Description

Traded in Other Exchanges
N/A
Address
121, Mahaveer Nagar, Guro Ka Talab,, Jain Colony, Jodhpur, RJ, IND, 342001
Shashwat Furnishing Solutions Ltd is an Indian handicrafts manufacturer and supplier. It is engaged in the processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture and Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks and various other decoration and handicrafts objects.

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