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Sai Silks (Kalamandir) (BOM:543989) Gross Margin % : 40.97% (As of Sep. 2023)


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What is Sai Silks (Kalamandir) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sai Silks (Kalamandir)'s Gross Profit for the six months ended in Sep. 2023 was ₹2,587 Mil. Sai Silks (Kalamandir)'s Revenue for the six months ended in Sep. 2023 was ₹6,315 Mil. Therefore, Sai Silks (Kalamandir)'s Gross Margin % for the quarter that ended in Sep. 2023 was 40.97%.


The historical rank and industry rank for Sai Silks (Kalamandir)'s Gross Margin % or its related term are showing as below:

BOM:543989' s Gross Margin % Range Over the Past 10 Years
Min: 31.54   Med: 37.68   Max: 40.35
Current: 40.35


During the past 4 years, the highest Gross Margin % of Sai Silks (Kalamandir) was 40.35%. The lowest was 31.54%. And the median was 37.68%.

BOM:543989's Gross Margin % is ranked better than
56.99% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.51 vs BOM:543989: 40.35

Sai Silks (Kalamandir) had a gross margin of 40.97% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sai Silks (Kalamandir) was 0.00% per year.


Sai Silks (Kalamandir) Gross Margin % Historical Data

The historical data trend for Sai Silks (Kalamandir)'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.

Sai Silks (Kalamandir) Gross Margin % Chart

Sai Silks (Kalamandir) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
31.54 38.04 37.32 39.13

Sai Silks (Kalamandir) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial - - 38.42 39.79 40.97

Competitive Comparison of Sai Silks (Kalamandir)'s Gross Margin %

For the Apparel Retail subindustry, Sai Silks (Kalamandir)'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.


Sai Silks (Kalamandir)'s Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sai Silks (Kalamandir)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sai Silks (Kalamandir)'s Gross Margin % falls into.



Sai Silks (Kalamandir) Gross Margin % Calculation

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

Sai Silks (Kalamandir)'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 )
=5288.5 / 13514.69
=(Revenue - Cost of Goods Sold) / Revenue
=(13514.69 - 8226.21) / 13514.69
=39.13 %

Sai Silks (Kalamandir)'s Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=2587.1 / 6314.64
=(Revenue - Cost of Goods Sold) / Revenue
=(6314.64 - 3727.52) / 6314.64
=40.97 %

* 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.


Sai Silks (Kalamandir)  (BOM:543989) 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

Sai Silks (Kalamandir) had a gross margin of 40.97% for the quarter that ended in Sep. 2023 => 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.


Sai Silks (Kalamandir) Gross Margin % Related Terms

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Sai Silks (Kalamandir) (BOM:543989) Business Description

Traded in Other Exchanges
Address
6-3-790/8, Flat No. 1, Bathina Apartments, Ameerpet, Hyderabad, TG, IND, 500016
Sai Silks (Kalamandir) Ltd is a company who is one of the retailers of ethnic apparels. Its business activity falls within a single business which is retail of textile and textile articles. The company caters to customers in all market sectors by offering items in four formats to diverse market segments, including premium ethnic fashion, ethnic fashion for middle-class consumers, and value fashion. Lehengas, men's ethnic wear, children's ethnic wear, and value fashion products, including fusion wear and western wear for women, men, and children, are just a few of the products it offers.

Sai Silks (Kalamandir) (BOM:543989) Headlines

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