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C.J. Gelatine Products (BOM:507515) Gross Margin % : 26.88% (As of Dec. 2023)


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What is C.J. Gelatine Products Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. C.J. Gelatine Products's Gross Profit for the three months ended in Dec. 2023 was ₹25.6 Mil. C.J. Gelatine Products's Revenue for the three months ended in Dec. 2023 was ₹95.3 Mil. Therefore, C.J. Gelatine Products's Gross Margin % for the quarter that ended in Dec. 2023 was 26.88%.

Warning Sign:

C.J. Gelatine Products Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


The historical rank and industry rank for C.J. Gelatine Products's Gross Margin % or its related term are showing as below:

BOM:507515' s Gross Margin % Range Over the Past 10 Years
Min: 15.7   Med: 27.66   Max: 45.75
Current: 15.7


During the past 13 years, the highest Gross Margin % of C.J. Gelatine Products was 45.75%. The lowest was 15.70%. And the median was 27.66%.

BOM:507515's Gross Margin % is ranked worse than
68.81% of 1507 companies
in the Chemicals industry
Industry Median: 22.25 vs BOM:507515: 15.70

C.J. Gelatine Products had a gross margin of 26.88% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for C.J. Gelatine Products was -4.40% per year.


C.J. Gelatine Products Gross Margin % Historical Data

The historical data trend for C.J. Gelatine Products'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.

C.J. Gelatine Products Gross Margin % Chart

C.J. Gelatine Products 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 27.93 27.39 21.21 22.06 22.66

C.J. Gelatine Products 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 37.23 -3.75 21.62 18.19 26.88

Competitive Comparison of C.J. Gelatine Products's Gross Margin %

For the Specialty Chemicals subindustry, C.J. Gelatine Products'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.


C.J. Gelatine Products's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, C.J. Gelatine Products's Gross Margin % distribution charts can be found below:

* The bar in red indicates where C.J. Gelatine Products's Gross Margin % falls into.



C.J. Gelatine Products Gross Margin % Calculation

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

C.J. Gelatine Products'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 )
=83.1 / 366.619
=(Revenue - Cost of Goods Sold) / Revenue
=(366.619 - 283.545) / 366.619
=22.66 %

C.J. Gelatine Products'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 )
=25.6 / 95.259
=(Revenue - Cost of Goods Sold) / Revenue
=(95.259 - 69.656) / 95.259
=26.88 %

* 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.


C.J. Gelatine Products  (BOM:507515) 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

C.J. Gelatine Products had a gross margin of 26.88% for the quarter that ended in Dec. 2023 => 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.


C.J. Gelatine Products Gross Margin % Related Terms

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


C.J. Gelatine Products (BOM:507515) Business Description

Traded in Other Exchanges
N/A
Address
Acharya Donde Marg, B-Shop-05, Plot No. 237, Ground Floor, Azad Nagar Co-op Hsg Society Ltd, Azad Nagar, Rahivasi Sangh, Tokersi Jivraj Wadi, Sewree (West), Mumbai, MH, IND, 400015
C.J. Gelatine Products Ltd is a producer of specialty chemicals. The company manufactures and supplies food-grade edible gelatine, technical gelatine, photographic gelatine, and pharmaceutical-grade gelatin. It also sells bone-based di-calcium phosphate (DCP) and ossein. The sale of gelatin generates maximum revenue for the company. Geographically, the company operates only in the Indian market.

C.J. Gelatine Products (BOM:507515) Headlines

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