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Britannia Industries (BOM:500825) Gross Margin % : 44.13% (As of Mar. 2024)


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What is Britannia Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Britannia Industries's Gross Profit for the three months ended in Mar. 2024 was ₹17,716 Mil. Britannia Industries's Revenue for the three months ended in Mar. 2024 was ₹40,141 Mil. Therefore, Britannia Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 44.13%.


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

BOM:500825' s Gross Margin % Range Over the Past 10 Years
Min: 36.89   Med: 39.46   Max: 42.63
Current: 42.63


During the past 13 years, the highest Gross Margin % of Britannia Industries was 42.63%. The lowest was 36.89%. And the median was 39.46%.

BOM:500825's Gross Margin % is ranked better than
79.65% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.085 vs BOM:500825: 42.63

Britannia Industries had a gross margin of 44.13% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Britannia Industries was 0.90% per year.


Britannia Industries Gross Margin % Historical Data

The historical data trend for Britannia 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.

Britannia Industries Gross Margin % Chart

Britannia Industries 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 39.13 40.51 36.89 40.00 42.63

Britannia Industries 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 43.07 41.34 42.07 43.01 44.13

Competitive Comparison of Britannia Industries's Gross Margin %

For the Packaged Foods subindustry, Britannia 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.


Britannia Industries's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Britannia Industries's Gross Margin % distribution charts can be found below:

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



Britannia Industries Gross Margin % Calculation

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

Britannia Industries'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 )
=70541.8 / 165462.1
=(Revenue - Cost of Goods Sold) / Revenue
=(165462.1 - 94920.3) / 165462.1
=42.63 %

Britannia Industries'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 )
=17715.6 / 40140.7
=(Revenue - Cost of Goods Sold) / Revenue
=(40140.7 - 22425.1) / 40140.7
=44.13 %

* 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.


Britannia Industries  (BOM:500825) 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

Britannia Industries had a gross margin of 44.13% for the quarter that ended in Mar. 2024 => 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.


Britannia Industries Gross Margin % Related Terms

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Britannia Industries (BOM:500825) Business Description

Traded in Other Exchanges
Address
Whitefield Main Road, The Business Precinct, Tower C, 16th & 17th Floor, Prestige Shantiniketan, Mahadevapura Post, Bengaluru, KA, IND, 560048
Britannia Industries Ltd is an Indian packaged-food company. Its main product categories are: biscuits, breads, dairy, cakes, and rusks. The biscuits product line offers sweet biscuits under the GoodDay brand, crackers under the 5050 brands, nutritional and digestive biscuits under the NutriChoice brand, and other products. The bread products segment offers whole-wheat breads, white sandwich breads, and bread assortments. The dairy product line sells cheese, milk, and yogurt under the Britannia brand. The cake segment offers bar cakes, muffins, and many more.

Britannia Industries (BOM:500825) Headlines

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