GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Websol Energy System Ltd (NSE:WEBELSOLAR) » Definitions » Gross Margin %

Websol Energy System (NSE:WEBELSOLAR) Gross Margin % : 38.40% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Websol Energy System Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Websol Energy System's Gross Profit for the three months ended in Mar. 2024 was ₹95.5 Mil. Websol Energy System's Revenue for the three months ended in Mar. 2024 was ₹248.7 Mil. Therefore, Websol Energy System's Gross Margin % for the quarter that ended in Mar. 2024 was 38.40%.


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

NSE:WEBELSOLAR' s Gross Margin % Range Over the Past 10 Years
Min: 1.45   Med: 17.65   Max: 32.5
Current: 31.44


During the past 13 years, the highest Gross Margin % of Websol Energy System was 32.50%. The lowest was 1.45%. And the median was 17.65%.

NSE:WEBELSOLAR's Gross Margin % is ranked better than
56.12% of 973 companies
in the Semiconductors industry
Industry Median: 28.75 vs NSE:WEBELSOLAR: 31.44

Websol Energy System had a gross margin of 38.40% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Websol Energy System was 56.60% per year.


Websol Energy System Gross Margin % Historical Data

The historical data trend for Websol Energy System'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.

Websol Energy System Gross Margin % Chart

Websol Energy System Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.53 32.50 20.78 17.42 31.44

Websol Energy System Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -466.67 -40.00 -90.20 38.40

Competitive Comparison of Websol Energy System's Gross Margin %

For the Solar subindustry, Websol Energy System'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.


Websol Energy System's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Websol Energy System's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Websol Energy System's Gross Margin % falls into.



Websol Energy System Gross Margin % Calculation

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

Websol Energy System's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=81.3 / 258.6
=(Revenue - Cost of Goods Sold) / Revenue
=(258.6 - 177.3) / 258.6
=31.44 %

Websol Energy System's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=95.5 / 248.7
=(Revenue - Cost of Goods Sold) / Revenue
=(248.7 - 153.2) / 248.7
=38.40 %

* 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.


Websol Energy System  (NSE:WEBELSOLAR) 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

Websol Energy System had a gross margin of 38.40% for the quarter that ended in Mar. 2024 => 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.


Websol Energy System Gross Margin % Related Terms

Thank you for viewing the detailed overview of Websol Energy System's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Websol Energy System (NSE:WEBELSOLAR) Business Description

Traded in Other Exchanges
Address
Falta Special Economic Zone, Sector - II, 24 Parganas (South), Falta, WB, IND, 743 504
Websol Energy System Ltd is engaged in the manufacturing of photovoltaic monocrystalline solar cells and modules. The company's products are designed for the grid and standalone solar photovoltaic power plants, remote communication, and rural electrification. The sale of photovoltaic monocrystalline solar cells and modules generates maximum revenue for the company. The company operates only in India.

Websol Energy System (NSE:WEBELSOLAR) Headlines

No Headlines