GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pyramid Technoplast Ltd (BOM:543969) » Definitions » Gross Margin %

Pyramid Technoplast (BOM:543969) Gross Margin % : 25.56% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Pyramid Technoplast Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pyramid Technoplast's Gross Profit for the six months ended in Mar. 2024 was ₹670 Mil. Pyramid Technoplast's Revenue for the six months ended in Mar. 2024 was ₹2,620 Mil. Therefore, Pyramid Technoplast's Gross Margin % for the quarter that ended in Mar. 2024 was 25.56%.


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

BOM:543969' s Gross Margin % Range Over the Past 10 Years
Min: 23.94   Med: 25.9   Max: 26.7
Current: 23.94


During the past 5 years, the highest Gross Margin % of Pyramid Technoplast was 26.70%. The lowest was 23.94%. And the median was 25.90%.

BOM:543969's Gross Margin % is ranked better than
56.45% of 372 companies
in the Packaging & Containers industry
Industry Median: 21.63 vs BOM:543969: 23.94

Pyramid Technoplast had a gross margin of 25.56% for the quarter that ended in Mar. 2024 => Competition eroding margins

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


Pyramid Technoplast Gross Margin % Historical Data

The historical data trend for Pyramid Technoplast'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.

Pyramid Technoplast Gross Margin % Chart

Pyramid Technoplast Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
26.39 26.70 25.40 24.41 24.34

Pyramid Technoplast Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Margin % Get a 7-Day Free Trial - 24.00 24.80 23.15 25.56

Competitive Comparison of Pyramid Technoplast's Gross Margin %

For the Packaging & Containers subindustry, Pyramid Technoplast'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.


Pyramid Technoplast's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pyramid Technoplast's Gross Margin % distribution charts can be found below:

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



Pyramid Technoplast Gross Margin % Calculation

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

Pyramid Technoplast'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 )
=1295.8 / 5324.226
=(Revenue - Cost of Goods Sold) / Revenue
=(5324.226 - 4028.42) / 5324.226
=24.34 %

Pyramid Technoplast'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 )
=669.6 / 2619.764
=(Revenue - Cost of Goods Sold) / Revenue
=(2619.764 - 1950.151) / 2619.764
=25.56 %

* 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.


Pyramid Technoplast  (BOM:543969) 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

Pyramid Technoplast had a gross margin of 25.56% 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.


Pyramid Technoplast Gross Margin % Related Terms

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


Pyramid Technoplast (BOM:543969) Business Description

Traded in Other Exchanges
Address
Rani Sati Marg, Office No. 2, Second Floor, Shah Trade Center, Near W.E. Highway, Malad East, Mumbai, MH, IND, 400 067
Pyramid Technoplast Ltd is an industrial packaging company engaged in the business of manufacturing polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical and pharmaceutical companies for their packaging requirements. It is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000-litre capacity IBC. IBCs are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. The company uses blow molding technology to manufacture Polymer Drums and IBCs.

Pyramid Technoplast (BOM:543969) Headlines

No Headlines