Gayatri Rubbers and Chemicals (NSE:GRCL) Gross Margin % : 13.24% (As of Mar. 2023)

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What is Gayatri Rubbers and Chemicals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gayatri Rubbers and Chemicals's Gross Profit for the six months ended in Mar. 2023 was ₹29.4 Mil. Gayatri Rubbers and Chemicals's Revenue for the six months ended in Mar. 2023 was ₹222.1 Mil. Therefore, Gayatri Rubbers and Chemicals's Gross Margin % for the quarter that ended in Mar. 2023 was 13.24%.

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

NSE:GRCL' s Gross Margin % Range Over the Past 10 Years
Min: 5.62 Med: 10.3 Max: 13.24
Current: 13.24

During the past 4 years, the highest Gross Margin % of Gayatri Rubbers and Chemicals was 13.24%. The lowest was 5.62%. And the median was 10.30%.

NSE:GRCL's Gross Margin % is ranked worse than
75.68% of 1513 companies
in the Chemicals industry
Industry Median: 22.38 vs NSE:GRCL: 13.24

Gayatri Rubbers and Chemicals had a gross margin of 13.24% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gayatri Rubbers and Chemicals was 0.00% per year.

Gayatri Rubbers and Chemicals Gross Margin % Historical Data

The historical data trend for Gayatri Rubbers and Chemicals'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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Gayatri Rubbers and Chemicals Gross Margin % Chart

Gayatri Rubbers and Chemicals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Gross Margin %

9.64

5.62

10.96

13.24

Gayatri Rubbers and Chemicals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Gross Margin %	9.64	5.62	10.96	13.24

Competitive Comparison of Gayatri Rubbers and Chemicals's Gross Margin %

For the Specialty Chemicals subindustry, Gayatri Rubbers and Chemicals'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.

Gayatri Rubbers and Chemicals's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gayatri Rubbers and Chemicals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gayatri Rubbers and Chemicals's Gross Margin % falls into.

Gayatri Rubbers and Chemicals Gross Margin % Calculation

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

Gayatri Rubbers and Chemicals'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 )
	=	29.4	/	222.069
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(222.069 - 192.67)	/	222.069
	=	13.24 %

Gayatri Rubbers and Chemicals'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 )
	=	29.4	/	222.069
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(222.069 - 192.67)	/	222.069
	=	13.24 %

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.

Gayatri Rubbers and Chemicals (NSE:GRCL) 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

Gayatri Rubbers and Chemicals had a gross margin of 13.24% for the quarter that ended in Mar. 2023 => No sustainable 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.

Gayatri Rubbers and Chemicals Gross Margin % Related Terms

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Gayatri Rubbers and Chemicals (NSE:GRCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gayatri Rubbers and Chemicals Ltd (NSE:GRCL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Malerna Road, Plot No. 11, Gali No. 3, Opposite Beri ka Bagh, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://www.gayatrirubberchemicals.com

Gayatri Rubbers and Chemicals Ltd is engaged in manufacturing and trading rubber products. The company's product portfolio includes Aluminium rubber profiles, Automobile rubber profiles, Sponge rubber components, Clear PVC profiles, Industrial rubber, and Railway sector rubber. Geographically, the company operates within India.