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Remi Edelstahl Tubulars (BOM:513043) Gross Margin % : 30.13% (As of Dec. 2023)


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What is Remi Edelstahl Tubulars Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Remi Edelstahl Tubulars's Gross Profit for the three months ended in Dec. 2023 was ₹85 Mil. Remi Edelstahl Tubulars's Revenue for the three months ended in Dec. 2023 was ₹284 Mil. Therefore, Remi Edelstahl Tubulars's Gross Margin % for the quarter that ended in Dec. 2023 was 30.13%.

Warning Sign:

Remi Edelstahl Tubulars Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.6%.


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

BOM:513043' s Gross Margin % Range Over the Past 10 Years
Min: 9.96   Med: 15.56   Max: 19.91
Current: 13.35


During the past 13 years, the highest Gross Margin % of Remi Edelstahl Tubulars was 19.91%. The lowest was 9.96%. And the median was 15.56%.

BOM:513043's Gross Margin % is ranked better than
51.28% of 585 companies
in the Steel industry
Industry Median: 13.01 vs BOM:513043: 13.35

Remi Edelstahl Tubulars had a gross margin of 30.13% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Remi Edelstahl Tubulars was -7.60% per year.


Remi Edelstahl Tubulars Gross Margin % Historical Data

The historical data trend for Remi Edelstahl Tubulars'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.

Remi Edelstahl Tubulars Gross Margin % Chart

Remi Edelstahl Tubulars 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 13.33 15.59 16.13 15.53 9.96

Remi Edelstahl Tubulars 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 26.46 -27.02 28.51 34.55 30.13

Competitive Comparison of Remi Edelstahl Tubulars's Gross Margin %

For the Steel subindustry, Remi Edelstahl Tubulars'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.


Remi Edelstahl Tubulars's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Remi Edelstahl Tubulars's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Remi Edelstahl Tubulars's Gross Margin % falls into.



Remi Edelstahl Tubulars Gross Margin % Calculation

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

Remi Edelstahl Tubulars'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 )
=129.8 / 1303.072
=(Revenue - Cost of Goods Sold) / Revenue
=(1303.072 - 1173.306) / 1303.072
=9.96 %

Remi Edelstahl Tubulars'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 )
=85.4 / 283.508
=(Revenue - Cost of Goods Sold) / Revenue
=(283.508 - 198.091) / 283.508
=30.13 %

* 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.


Remi Edelstahl Tubulars  (BOM:513043) 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

Remi Edelstahl Tubulars had a gross margin of 30.13% 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.


Remi Edelstahl Tubulars Gross Margin % Related Terms

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Remi Edelstahl Tubulars (BOM:513043) Business Description

Traded in Other Exchanges
N/A
Address
Walbhat Road, Plot No. 11, Remi House, 11 Cama Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400 063
Remi Edelstahl Tubulars Ltd is engaged in the business of manufacturing Stainless Steel Pipes and Tubes. In addition, it is also involved in the sale of wind power and Stainless steel goods. The company caters to both domestic and international markets, of which key revenue is derived from the sales made in India.

Remi Edelstahl Tubulars (BOM:513043) Headlines

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