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Nandani Creation (NSE:EQJAIPURKURT) Gross Margin % : 47.37% (As of Mar. 2023)


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What is Nandani Creation Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nandani Creation's Gross Profit for the six months ended in Mar. 2023 was ₹95.5 Mil. Nandani Creation's Revenue for the six months ended in Mar. 2023 was ₹201.7 Mil. Therefore, Nandani Creation's Gross Margin % for the quarter that ended in Mar. 2023 was 47.37%.


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

NSE:EQJAIPURKURT' s Gross Margin % Range Over the Past 10 Years
Min: 26.39   Med: 46.24   Max: 69.44
Current: 43.72


During the past 11 years, the highest Gross Margin % of Nandani Creation was 69.44%. The lowest was 26.39%. And the median was 46.24%.

NSE:EQJAIPURKURT's Gross Margin % is ranked better than
73.69% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.765 vs NSE:EQJAIPURKURT: 43.72

Nandani Creation had a gross margin of 47.37% for the quarter that ended in Mar. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nandani Creation was 4.90% per year.


Nandani Creation Gross Margin % Historical Data

The historical data trend for Nandani Creation'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.

Nandani Creation Gross Margin % Chart

Nandani Creation 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 46.53 49.21 45.94 36.01 43.72

Nandani Creation Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 40.89 61.96 10.53 41.16 47.37

Competitive Comparison of Nandani Creation's Gross Margin %

For the Apparel Manufacturing subindustry, Nandani Creation'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.


Nandani Creation's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nandani Creation's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nandani Creation's Gross Margin % falls into.



Nandani Creation Gross Margin % Calculation

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

Nandani Creation'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 )
=213.7 / 488.819
=(Revenue - Cost of Goods Sold) / Revenue
=(488.819 - 275.112) / 488.819
=43.72 %

Nandani Creation's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=95.5 / 201.671
=(Revenue - Cost of Goods Sold) / Revenue
=(201.671 - 106.142) / 201.671
=47.37 %

* 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.


Nandani Creation  (NSE:EQJAIPURKURT) 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

Nandani Creation had a gross margin of 47.37% for the quarter that ended in Mar. 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.


Nandani Creation Gross Margin % Related Terms

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Nandani Creation (NSE:EQJAIPURKURT) Business Description

Traded in Other Exchanges
N/A
Address
G-13, Kartarpura Industrial Area, Near 22 Godam, Jaipur, RJ, IND, 302006
Nandani Creation Ltd is engaged in Manufacturing, produced, import, export, wholesalers, trader, buyer, seller, job workers of dress materials, suits, sarees, and garments for men, women, and children including sportswear, activewear, daily wear, fashion wears, party wears wearing apparels purses, belts, wallets, and other allied good made from cotton, silk, synthetics, jute, velvet, woolen, leather, rexine. The company sells its products through its Website, jaipurkurti.com, and online portals to consumers and retail users. It derives the majority of its income from India.

Nandani Creation (NSE:EQJAIPURKURT) Headlines

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