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Aether Industries (BOM:543534) Gross Margin % : 34.69% (As of Mar. 2024)


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What is Aether Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aether Industries's Gross Profit for the three months ended in Mar. 2024 was ₹408 Mil. Aether Industries's Revenue for the three months ended in Mar. 2024 was ₹1,175 Mil. Therefore, Aether Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 34.69%.


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

BOM:543534' s Gross Margin % Range Over the Past 10 Years
Min: 36.8   Med: 39.96   Max: 51.26
Current: 46.35


During the past 6 years, the highest Gross Margin % of Aether Industries was 51.26%. The lowest was 36.80%. And the median was 39.96%.

BOM:543534's Gross Margin % is ranked better than
89.94% of 1511 companies
in the Chemicals industry
Industry Median: 22.33 vs BOM:543534: 46.35

Aether Industries had a gross margin of 34.69% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Aether Industries was 6.50% per year.


Aether Industries Gross Margin % Historical Data

The historical data trend for Aether 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.

Aether Industries Gross Margin % Chart

Aether Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 36.80 37.81 42.10 51.26 46.35

Aether Industries Quarterly Data
Mar19 Mar20 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 52.62 52.24 53.72 41.27 34.69

Competitive Comparison of Aether Industries's Gross Margin %

For the Specialty Chemicals subindustry, Aether 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.


Aether Industries's Gross Margin % Distribution in the Chemicals Industry

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

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



Aether Industries Gross Margin % Calculation

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

Aether 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 )
=2772.5 / 5981.72
=(Revenue - Cost of Goods Sold) / Revenue
=(5981.72 - 3209.18) / 5981.72
=46.35 %

Aether 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 )
=407.8 / 1175.32
=(Revenue - Cost of Goods Sold) / Revenue
=(1175.32 - 767.56) / 1175.32
=34.69 %

* 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.


Aether Industries  (BOM:543534) 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

Aether Industries had a gross margin of 34.69% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Aether Industries Gross Margin % Related Terms

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Aether Industries (BOM:543534) Business Description

Traded in Other Exchanges
Address
Plot No. 8203, GIDC, Sachin, Surat, GJ, IND, 394230
Aether Industries Ltd is a manufacturer of specialty chemicals. The products find application in the pharmaceutical, agrochemical, material science, coating, high-performance photography, additive, and oil and gas segments of the chemical industry. There are three broad business models within the primary operating segment, which are: Large-Scale Manufacturing of Specialty Chemicals, Contract Manufacturing, and Contract Research and Manufacturing Services.

Aether Industries (BOM:543534) Headlines

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