Fine-Line Circuits (BOM:517264) Gross Margin % : 44.21% (As of Dec. 2023)

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What is Fine-Line Circuits Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fine-Line Circuits's Gross Profit for the three months ended in Dec. 2023 was ₹28.8 Mil. Fine-Line Circuits's Revenue for the three months ended in Dec. 2023 was ₹65.0 Mil. Therefore, Fine-Line Circuits's Gross Margin % for the quarter that ended in Dec. 2023 was 44.21%.

The historical rank and industry rank for Fine-Line Circuits's Gross Margin % or its related term are showing as below:

BOM:517264' s Gross Margin % Range Over the Past 10 Years
Min: 28.51 Med: 31.61 Max: 37.72
Current: 37.72

During the past 13 years, the highest Gross Margin % of Fine-Line Circuits was 37.72%. The lowest was 28.51%. And the median was 31.61%.

BOM:517264's Gross Margin % is ranked better than
74.28% of 2438 companies
in the Hardware industry
Industry Median: 24.405 vs BOM:517264: 37.72

Fine-Line Circuits had a gross margin of 44.21% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fine-Line Circuits was 1.90% per year.

Fine-Line Circuits Gross Margin % Historical Data

The historical data trend for Fine-Line Circuits'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.

Fine-Line Circuits Gross Margin % Chart

Fine-Line Circuits Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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28.51

31.96

31.86

30.86

32.93

Fine-Line Circuits 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															44.57	10.14	51.81	54.04	44.21

Competitive Comparison of Fine-Line Circuits's Gross Margin %

For the Electronic Components subindustry, Fine-Line Circuits'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.

Fine-Line Circuits's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fine-Line Circuits's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fine-Line Circuits's Gross Margin % falls into.

Fine-Line Circuits Gross Margin % Calculation

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

Fine-Line Circuits'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 )
	=	90.4	/	274.489
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(274.489 - 184.106)	/	274.489
	=	32.93 %

Fine-Line Circuits'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 )
	=	28.8	/	65.047
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(65.047 - 36.288)	/	65.047
	=	44.21 %

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.

Fine-Line Circuits (BOM:517264) 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

Fine-Line Circuits had a gross margin of 44.21% for the quarter that ended in Dec. 2023 => 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.

Fine-Line Circuits Gross Margin % Related Terms

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Fine-Line Circuits (BOM:517264) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fine-Line Circuits Ltd (BOM:517264) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

145, SDF-V, Seepz (Special Economic Zone), Andheri (East), Mumbai, MH, IND, 400096

Website

https://www.finelineindia.com

Fine-Line Circuits Ltd is engaged in the production and distribution of electrical components and related products. The company's product portfolio includes products like Printed circuit boards (PCBs) which also contribute maximum revenue. Its products comprise High-frequency microwave PCBs, Multilayer PCBs, High copper PCBs, Backplane PCBs, and Impedance-controlled PCBs. Geographically company generates revenue from the sale of PCBs from both India as well as exports outside India.

Fine-Line Circuits (BOM:517264) Headlines

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