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Vaibhav Global (NSE:VAIBHAVGBL) Gross Margin % : 64.97% (As of Dec. 2023)


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What is Vaibhav Global Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vaibhav Global's Gross Profit for the three months ended in Dec. 2023 was ₹5,771 Mil. Vaibhav Global's Revenue for the three months ended in Dec. 2023 was ₹8,883 Mil. Therefore, Vaibhav Global's Gross Margin % for the quarter that ended in Dec. 2023 was 64.97%.


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

NSE:VAIBHAVGBL' s Gross Margin % Range Over the Past 10 Years
Min: 59.27   Med: 61.26   Max: 62.98
Current: 61.94


During the past 13 years, the highest Gross Margin % of Vaibhav Global was 62.98%. The lowest was 59.27%. And the median was 61.26%.

NSE:VAIBHAVGBL's Gross Margin % is ranked better than
88.41% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.56 vs NSE:VAIBHAVGBL: 61.94

Vaibhav Global had a gross margin of 64.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vaibhav Global was 0.40% per year.


Vaibhav Global Gross Margin % Historical Data

The historical data trend for Vaibhav Global'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.

Vaibhav Global Gross Margin % Chart

Vaibhav Global 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 62.41 61.61 62.27 62.13 60.91

Vaibhav Global 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 62.74 54.05 63.88 63.92 64.97

Competitive Comparison of Vaibhav Global's Gross Margin %

For the Luxury Goods subindustry, Vaibhav Global'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.


Vaibhav Global's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vaibhav Global's Gross Margin % distribution charts can be found below:

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



Vaibhav Global Gross Margin % Calculation

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

Vaibhav Global'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 )
=16317 / 26787.892
=(Revenue - Cost of Goods Sold) / Revenue
=(26787.892 - 10470.918) / 26787.892
=60.91 %

Vaibhav Global'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 )
=5771.4 / 8883.396
=(Revenue - Cost of Goods Sold) / Revenue
=(8883.396 - 3111.968) / 8883.396
=64.97 %

* 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.


Vaibhav Global  (NSE:VAIBHAVGBL) 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

Vaibhav Global had a gross margin of 64.97% 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.


Vaibhav Global Gross Margin % Related Terms

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Vaibhav Global (NSE:VAIBHAVGBL) Business Description

Traded in Other Exchanges
Address
E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022
Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, and Other Countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing/ trading and retail of fashion and lifestyle products.

Vaibhav Global (NSE:VAIBHAVGBL) Headlines

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