Global Pet Industries (NSE:GLOBALPET) Gross Margin % : 31.87% (As of Mar. 2022)

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What is Global Pet Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Global Pet Industries's Gross Profit for the six months ended in Mar. 2022 was ₹88.0 Mil. Global Pet Industries's Revenue for the six months ended in Mar. 2022 was ₹276.1 Mil. Therefore, Global Pet Industries's Gross Margin % for the quarter that ended in Mar. 2022 was 31.87%.

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

NSE:GLOBALPET's Gross Margin % is not ranked ^*
in the Industrial Products industry.
Industry Median: 26.44
* Ranked among companies with meaningful Gross Margin % only.

Global Pet Industries had a gross margin of 31.87% for the quarter that ended in Mar. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Global Pet Industries was 0.00% per year.

Global Pet Industries Gross Margin % Historical Data

The historical data trend for Global Pet Industries'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.

Global Pet Industries Gross Margin % Chart

Global Pet Industries Annual Data

Trend

Mar20

Mar21

Mar22

Gross Margin %

36.59

34.87

31.87

Global Pet Industries Semi-Annual Data
	Mar20	Mar21	Mar22
Gross Margin %	36.59	34.87	31.87

Competitive Comparison of Global Pet Industries's Gross Margin %

For the Specialty Industrial Machinery subindustry, Global Pet Industries'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.

Global Pet Industries's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Pet Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Global Pet Industries's Gross Margin % falls into.

Global Pet Industries Gross Margin % Calculation

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

Global Pet Industries's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )	=	Gross Profit (A: Mar. 2022 )	/	Revenue (A: Mar. 2022 )
	=	88	/	276.057
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(276.057 - 188.087)	/	276.057
	=	31.87 %

Global Pet Industries's Gross Margin for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )	=	Gross Profit (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	88	/	276.057
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(276.057 - 188.087)	/	276.057
	=	31.87 %

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.

Global Pet Industries (NSE:GLOBALPET) 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

Global Pet Industries had a gross margin of 31.87% for the quarter that ended in Mar. 2022 => 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.

Global Pet Industries Gross Margin % Related Terms

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Global Pet Industries (NSE:GLOBALPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Pet Industries Ltd (NSE:GLOBALPET) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit Nos. 8 to 15, 108 & 109, Karishma Industrial Estate, Survey No. 36, Hissa No. 5, Village Waliv, Dhumal Nagar, Near Rashmi Bungalow, Vasai East, Palghar, Vasai, MH, IND, 401208

Website

https://www.globalpetind.com

Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machine which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.

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