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M K Proteins (BOM:543919) Gross Margin % : 6.43% (As of Mar. 2023)


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What is M K Proteins Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. M K Proteins's Gross Profit for the three months ended in Mar. 2023 was ₹203 Mil. M K Proteins's Revenue for the three months ended in Mar. 2023 was ₹3,149 Mil. Therefore, M K Proteins's Gross Margin % for the quarter that ended in Mar. 2023 was 6.43%.


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

BOM:543919' s Gross Margin % Range Over the Past 10 Years
Min: 3.28   Med: 4.64   Max: 7.3
Current: 6.43


During the past 10 years, the highest Gross Margin % of M K Proteins was 7.30%. The lowest was 3.28%. And the median was 4.64%.

BOM:543919's Gross Margin % is ranked worse than
89.6% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.19 vs BOM:543919: 6.43

M K Proteins had a gross margin of 6.43% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for M K Proteins was 11.10% per year.


M K Proteins Gross Margin % Historical Data

The historical data trend for M K Proteins'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.

M K Proteins Gross Margin % Chart

M K Proteins Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 3.67 5.98 7.30 6.43

M K Proteins Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 3.67 5.98 7.30 6.43

Competitive Comparison of M K Proteins's Gross Margin %

For the Packaged Foods subindustry, M K Proteins'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.


M K Proteins's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M K Proteins's Gross Margin % distribution charts can be found below:

* The bar in red indicates where M K Proteins's Gross Margin % falls into.



M K Proteins Gross Margin % Calculation

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

M K Proteins's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=202.6 / 3148.6
=(Revenue - Cost of Goods Sold) / Revenue
=(3148.6 - 2946.038) / 3148.6
=6.43 %

M K Proteins's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=202.6 / 3148.6
=(Revenue - Cost of Goods Sold) / Revenue
=(3148.6 - 2946.038) / 3148.6
=6.43 %

* 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.


M K Proteins  (BOM:543919) 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

M K Proteins had a gross margin of 6.43% for the quarter that ended in Mar. 2023 => 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.


M K Proteins Gross Margin % Related Terms

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M K Proteins (BOM:543919) Business Description

Traded in Other Exchanges
Address
Naraingarh Road, Village Garnala, Ambala, HR, IND, 134003
M K Proteins Ltd is engaged in the manufacturing and trading of vegetable refined oil and by-products like Rice Bran Fatty, Wax, Gums, and Spent among others. The company is also engaged in trading of various products including Rice Bran Oil and other items.

M K Proteins (BOM:543919) Headlines

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