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Saint-Gobain Sekurit India (BOM:515043) Gross Margin % : 53.00% (As of Mar. 2024)


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What is Saint-Gobain Sekurit India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Saint-Gobain Sekurit India's Gross Profit for the three months ended in Mar. 2024 was ₹241 Mil. Saint-Gobain Sekurit India's Revenue for the three months ended in Mar. 2024 was ₹454 Mil. Therefore, Saint-Gobain Sekurit India's Gross Margin % for the quarter that ended in Mar. 2024 was 53.00%.


The historical rank and industry rank for Saint-Gobain Sekurit India's Gross Margin % or its related term are showing as below:

BOM:515043' s Gross Margin % Range Over the Past 10 Years
Min: 40.14   Med: 47.6   Max: 53.38
Current: 50.14


During the past 13 years, the highest Gross Margin % of Saint-Gobain Sekurit India was 53.38%. The lowest was 40.14%. And the median was 47.60%.

BOM:515043's Gross Margin % is ranked better than
95.18% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 19.67 vs BOM:515043: 50.14

Saint-Gobain Sekurit India had a gross margin of 53.00% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Saint-Gobain Sekurit India was 5.80% per year.


Saint-Gobain Sekurit India Gross Margin % Historical Data

The historical data trend for Saint-Gobain Sekurit India'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.

Saint-Gobain Sekurit India Gross Margin % Chart

Saint-Gobain Sekurit India 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 41.34 44.91 52.12 52.25 50.28

Saint-Gobain Sekurit India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 52.63 53.70 49.84 47.93 53.00

Competitive Comparison of Saint-Gobain Sekurit India's Gross Margin %

For the Auto Parts subindustry, Saint-Gobain Sekurit India'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.


Saint-Gobain Sekurit India's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Saint-Gobain Sekurit India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Saint-Gobain Sekurit India's Gross Margin % falls into.



Saint-Gobain Sekurit India Gross Margin % Calculation

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

Saint-Gobain Sekurit India'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 )
=994.6 / 1978.29
=(Revenue - Cost of Goods Sold) / Revenue
=(1978.29 - 983.679) / 1978.29
=50.28 %

Saint-Gobain Sekurit India'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 )
=240.8 / 454.312
=(Revenue - Cost of Goods Sold) / Revenue
=(454.312 - 213.52) / 454.312
=53.00 %

* 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.


Saint-Gobain Sekurit India  (BOM:515043) 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

Saint-Gobain Sekurit India had a gross margin of 53.00% 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.


Saint-Gobain Sekurit India Gross Margin % Related Terms

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Saint-Gobain Sekurit India (BOM:515043) Business Description

Traded in Other Exchanges
N/A
Address
Pune-Nashik Road, Plot No. 616 and 617, Chakan, Village Kuruli, Pune, MH, IND, 410 501
Saint-Gobain Sekurit India Ltd is engaged in the manufacture and sale of automotive glass. The company is in the business of processing glasses to manufacture windshields, door glasses, and backlites. Geographically, it operates only in India. It generates revenue from the sale of Laminated Safety Glass and Tempered Glass. The company offers a range of windshields, tempered glasses and tempered backlites for passenger cars, utility vehicles, commercial vehicles, and three wheelers.

Saint-Gobain Sekurit India (BOM:515043) Headlines

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