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Bajaj Consumer Care (NSE:BAJAJCON) Gross Margin % : 53.45% (As of Dec. 2023)


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What is Bajaj Consumer Care Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bajaj Consumer Care's Gross Profit for the three months ended in Dec. 2023 was ₹1,263 Mil. Bajaj Consumer Care's Revenue for the three months ended in Dec. 2023 was ₹2,364 Mil. Therefore, Bajaj Consumer Care's Gross Margin % for the quarter that ended in Dec. 2023 was 53.45%.

Warning Sign:

Bajaj Consumer Care Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


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

NSE:BAJAJCON' s Gross Margin % Range Over the Past 10 Years
Min: 51.59   Med: 60.86   Max: 64.57
Current: 52.22


During the past 13 years, the highest Gross Margin % of Bajaj Consumer Care was 64.57%. The lowest was 51.59%. And the median was 60.86%.

NSE:BAJAJCON's Gross Margin % is ranked better than
87.16% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 25.08 vs NSE:BAJAJCON: 52.22

Bajaj Consumer Care had a gross margin of 53.45% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bajaj Consumer Care was -4.50% per year.


Bajaj Consumer Care Gross Margin % Historical Data

The historical data trend for Bajaj Consumer Care'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.

Bajaj Consumer Care Gross Margin % Chart

Bajaj Consumer Care Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.05 64.05 60.92 55.17 51.59

Bajaj Consumer Care Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 53.32 46.19 54.68 54.53 53.45

Competitive Comparison of Bajaj Consumer Care's Gross Margin %

For the Household & Personal Products subindustry, Bajaj Consumer Care'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.


Bajaj Consumer Care's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Bajaj Consumer Care's Gross Margin % falls into.



Bajaj Consumer Care Gross Margin % Calculation

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

Bajaj Consumer Care'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 )
=4896.4 / 9490.516
=(Revenue - Cost of Goods Sold) / Revenue
=(9490.516 - 4594.126) / 9490.516
=51.59 %

Bajaj Consumer Care's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1263.4 / 2363.772
=(Revenue - Cost of Goods Sold) / Revenue
=(2363.772 - 1100.393) / 2363.772
=53.45 %

* 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.


Bajaj Consumer Care  (NSE:BAJAJCON) 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

Bajaj Consumer Care had a gross margin of 53.45% for the quarter that ended in Dec. 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.


Bajaj Consumer Care Gross Margin % Related Terms

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Bajaj Consumer Care (NSE:BAJAJCON) Business Description

Traded in Other Exchanges
Address
Old Station Road, Sevashram, Chouraha, Udaipur, RJ, IND, 313 001
Bajaj Consumer Care Ltd is an India-based company that is principally engaged in developing and distributing haircare and skincare products. It provides a number of hair oil products Bajaj Almond Drops Hair Oil, Bajaj Amla Hair Oil, Bajaj Brahmi Amla Hair Oil, Bajaj Kailash Parbat Hair Oil, and Bajaj Jasmine Hair Oil, with Bajaj Almond Drops Hair Oil the flagship product that contributes the majority of the company's total revenue. It also offers skincare products, with products categorized into cream, face wash, soap, scrub, and face pack. It has one segment Cosmetics, Toiletries and Other Personal Care products. It generates most of its revenue from the domestic market, and has a presence in overseas markets as well, mainly in the SAARC, Gulf and Middle-East, ASEAN, and African regions.

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