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E I D Parry India (E I D Parry India) Gross Margin % : 26.99% (As of Mar. 2024)


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What is E I D Parry India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. E I D Parry India's Gross Profit for the three months ended in Mar. 2024 was $180.64 Mil. E I D Parry India's Revenue for the three months ended in Mar. 2024 was $669.35 Mil. Therefore, E I D Parry India's Gross Margin % for the quarter that ended in Mar. 2024 was 26.99%.


The historical rank and industry rank for E I D Parry India's Gross Margin % or its related term are showing as below:

EIDXF' s Gross Margin % Range Over the Past 10 Years
Min: -7.11   Med: 7.76   Max: 23.01
Current: 23.01


During the past 13 years, the highest Gross Margin % of E I D Parry India was 23.01%. The lowest was -7.11%. And the median was 7.76%.

EIDXF's Gross Margin % is ranked worse than
51.5% of 233 companies
in the Agriculture industry
Industry Median: 23.85 vs EIDXF: 23.01

E I D Parry India had a gross margin of 26.99% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for E I D Parry India was 0.00% per year.


E I D Parry India Gross Margin % Historical Data

The historical data trend for E I D Parry India'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.

E I D Parry India Gross Margin % Chart

E I D Parry India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.78 8.76 -7.11 20.80 23.01

E I D Parry India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.43 23.66 23.46 19.04 26.99

Competitive Comparison of E I D Parry India's Gross Margin %

For the Agricultural Inputs subindustry, E I D Parry India'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.


E I D Parry India's Gross Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, E I D Parry India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where E I D Parry India's Gross Margin % falls into.



E I D Parry India Gross Margin % Calculation

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

E I D Parry India'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 )
=815 / 3542.835
=(Revenue - Cost of Goods Sold) / Revenue
=(3542.835 - 2727.797) / 3542.835
=23.01 %

E I D Parry India'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 )
=180.6 / 669.35
=(Revenue - Cost of Goods Sold) / Revenue
=(669.35 - 488.709) / 669.35
=26.99 %

* 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.


E I D Parry India  (GREY:EIDXF) 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

E I D Parry India had a gross margin of 26.99% 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.


E I D Parry India Gross Margin % Related Terms

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E I D Parry India (E I D Parry India) Business Description

Traded in Other Exchanges
Address
NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001
E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates the most revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world, with India being the region where it generates most of its sales.

E I D Parry India (E I D Parry India) Headlines

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