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Manoj Ceramic (BOM:544073) Gross Margin % : 20.80% (As of Mar. 2024)


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What is Manoj Ceramic Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Manoj Ceramic's Gross Profit for the six months ended in Mar. 2024 was ₹109.6 Mil. Manoj Ceramic's Revenue for the six months ended in Mar. 2024 was ₹526.6 Mil. Therefore, Manoj Ceramic's Gross Margin % for the quarter that ended in Mar. 2024 was 20.80%.


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

BOM:544073' s Gross Margin % Range Over the Past 10 Years
Min: 19.8   Med: 27.05   Max: 36
Current: 22.58


During the past 4 years, the highest Gross Margin % of Manoj Ceramic was 36.00%. The lowest was 19.80%. And the median was 27.05%.

BOM:544073's Gross Margin % is ranked worse than
57.71% of 376 companies
in the Building Materials industry
Industry Median: 25.385 vs BOM:544073: 22.58

Manoj Ceramic had a gross margin of 20.80% for the quarter that ended in Mar. 2024 => Competition eroding margins

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


Manoj Ceramic Gross Margin % Historical Data

The historical data trend for Manoj Ceramic'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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Manoj Ceramic Gross Margin % Chart

Manoj Ceramic Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Margin %
36.00 31.52 19.80 22.57

Manoj Ceramic Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Gross Margin % - - - 24.74 20.80

Competitive Comparison of Manoj Ceramic's Gross Margin %

For the Building Materials subindustry, Manoj Ceramic'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.


Manoj Ceramic's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Manoj Ceramic's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Manoj Ceramic's Gross Margin % falls into.



Manoj Ceramic Gross Margin % Calculation

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

Manoj Ceramic'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 )
=216.3 / 958.162
=(Revenue - Cost of Goods Sold) / Revenue
=(958.162 - 741.861) / 958.162
=22.57 %

Manoj Ceramic'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 )
=109.6 / 526.649
=(Revenue - Cost of Goods Sold) / Revenue
=(526.649 - 417.093) / 526.649
=20.80 %

* 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.


Manoj Ceramic  (BOM:544073) 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

Manoj Ceramic had a gross margin of 20.80% 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.


Manoj Ceramic Gross Margin % Related Terms

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Manoj Ceramic (BOM:544073) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit No. 2 to 8, Building No. 19-24, Indian Corporation Compound, Mankoli Naka, Bhiwandi, Thane, MH, IND, 421302
Manoj Ceramic Ltd is engaged in trading ceramic tiles and Tiles Adhesive under their own brand " MCPL" through a dealer network, Retail showroom, wholesale as BTB, and export. It specializes in two products: Ceramic Tiles and Tile Adhesive. Its segment includes the business of wholesale or retail, the business of trading in all kinds of building materials including cements of all varieties.

Manoj Ceramic (BOM:544073) Headlines

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