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Cosmo Ferrites (BOM:523100) Gross Margin % : 64.58% (As of Mar. 2024)


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What is Cosmo Ferrites Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cosmo Ferrites's Gross Profit for the three months ended in Mar. 2024 was ₹165.9 Mil. Cosmo Ferrites's Revenue for the three months ended in Mar. 2024 was ₹256.9 Mil. Therefore, Cosmo Ferrites's Gross Margin % for the quarter that ended in Mar. 2024 was 64.58%.


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

BOM:523100' s Gross Margin % Range Over the Past 10 Years
Min: 47.24   Med: 57.81   Max: 73.21
Current: 65.37


During the past 13 years, the highest Gross Margin % of Cosmo Ferrites was 73.21%. The lowest was 47.24%. And the median was 57.81%.

BOM:523100's Gross Margin % is ranked better than
95.78% of 2438 companies
in the Hardware industry
Industry Median: 24.395 vs BOM:523100: 65.37

Cosmo Ferrites had a gross margin of 64.58% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cosmo Ferrites was 6.80% per year.


Cosmo Ferrites Gross Margin % Historical Data

The historical data trend for Cosmo Ferrites'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.

Cosmo Ferrites Gross Margin % Chart

Cosmo Ferrites 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 47.24 55.28 58.86 61.90 65.37

Cosmo Ferrites 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 65.25 67.17 69.05 59.96 64.58

Competitive Comparison of Cosmo Ferrites's Gross Margin %

For the Electronic Components subindustry, Cosmo Ferrites'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.


Cosmo Ferrites's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cosmo Ferrites's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cosmo Ferrites's Gross Margin % falls into.



Cosmo Ferrites Gross Margin % Calculation

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

Cosmo Ferrites'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 )
=639.1 / 977.6
=(Revenue - Cost of Goods Sold) / Revenue
=(977.6 - 338.5) / 977.6
=65.37 %

Cosmo Ferrites'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 )
=165.9 / 256.9
=(Revenue - Cost of Goods Sold) / Revenue
=(256.9 - 91) / 256.9
=64.58 %

* 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.


Cosmo Ferrites  (BOM:523100) 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

Cosmo Ferrites had a gross margin of 64.58% 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.


Cosmo Ferrites Gross Margin % Related Terms

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Cosmo Ferrites (BOM:523100) Business Description

Traded in Other Exchanges
N/A
Address
Jasola New District Centre, 517, 5th Floor, DLF Tower-A, Jasola, New Delhi, IND, 110025
Cosmo Ferrites Ltd is an Indian based company operating as a manufacturer and exporter of Soft Ferrites Core. The company provides Ferrite components and Pre-calcined ferrite powder, which are used in various applications such as inverter transformers, energy meters, mobile chargers, transformer manufacturers' current transformers, pulse transformers, line filters, choke, noise suppressors, and others. A majority of revenue is generated from the sales of Soft Ferrites Components.

Cosmo Ferrites (BOM:523100) Headlines

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