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Sula Vineyards (BOM:543711) Gross Margin % : 80.00% (As of Mar. 2024)


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What is Sula Vineyards Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sula Vineyards's Gross Profit for the three months ended in Mar. 2024 was ₹980 Mil. Sula Vineyards's Revenue for the three months ended in Mar. 2024 was ₹1,225 Mil. Therefore, Sula Vineyards's Gross Margin % for the quarter that ended in Mar. 2024 was 80.00%.


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

BOM:543711' s Gross Margin % Range Over the Past 10 Years
Min: 47.86   Med: 72.4   Max: 76.42
Current: 76.42


During the past 5 years, the highest Gross Margin % of Sula Vineyards was 76.42%. The lowest was 47.86%. And the median was 72.40%.

BOM:543711's Gross Margin % is ranked better than
95.22% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 39.88 vs BOM:543711: 76.42

Sula Vineyards had a gross margin of 80.00% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sula Vineyards was 0.00% per year.


Sula Vineyards Gross Margin % Historical Data

The historical data trend for Sula Vineyards'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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Sula Vineyards Gross Margin % Chart

Sula Vineyards Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
47.86 54.11 72.40 74.23 76.42

Sula Vineyards Quarterly Data
Mar20 Mar21 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 79.04 78.89 78.14 71.82 80.00

Competitive Comparison of Sula Vineyards's Gross Margin %

For the Beverages - Wineries & Distilleries subindustry, Sula Vineyards'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.


Sula Vineyards's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sula Vineyards's Gross Margin % distribution charts can be found below:

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



Sula Vineyards Gross Margin % Calculation

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

Sula Vineyards'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 )
=4338.8 / 5677.3
=(Revenue - Cost of Goods Sold) / Revenue
=(5677.3 - 1338.5) / 5677.3
=76.42 %

Sula Vineyards'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 )
=980.1 / 1225.1
=(Revenue - Cost of Goods Sold) / Revenue
=(1225.1 - 245) / 1225.1
=80.00 %

* 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.


Sula Vineyards  (BOM:543711) 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

Sula Vineyards had a gross margin of 80.00% 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.


Sula Vineyards Gross Margin % Related Terms

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Sula Vineyards (BOM:543711) Business Description

Traded in Other Exchanges
Address
N.S. Phadke Marg, 901, Hubtown Solaris, Andheri (East), Mumbai, MH, IND, 400 069
Sula Vineyards Ltd is a producer and seller of wine. It distributes wines under a bouquet of popular brands including RASA, Dindori, The Source, Satori, Madera, and Dia. The company's business is broadly classified under two categories namely the production of wine, the import of wines and spirits, and the distribution of wines and spirits and the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms.

Sula Vineyards (BOM:543711) Headlines

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