GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Balmer Lawrie & Co Ltd (BOM:523319) » Definitions » Gross Margin %

Balmer Lawrie (BOM:523319) Gross Margin % : 35.12% (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Balmer Lawrie Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Balmer Lawrie's Gross Profit for the three months ended in Mar. 2024 was ₹2,025 Mil. Balmer Lawrie's Revenue for the three months ended in Mar. 2024 was ₹5,767 Mil. Therefore, Balmer Lawrie's Gross Margin % for the quarter that ended in Mar. 2024 was 35.12%.

Warning Sign:

Balmer Lawrie & Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


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

BOM:523319' s Gross Margin % Range Over the Past 10 Years
Min: 22.87   Med: 32.15   Max: 37.14
Current: 28.36


During the past 13 years, the highest Gross Margin % of Balmer Lawrie was 37.14%. The lowest was 22.87%. And the median was 32.15%.

BOM:523319's Gross Margin % is ranked better than
58.75% of 480 companies
in the Conglomerates industry
Industry Median: 24.795 vs BOM:523319: 28.36

Balmer Lawrie had a gross margin of 35.12% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Balmer Lawrie was -6.10% per year.


Balmer Lawrie Gross Margin % Historical Data

The historical data trend for Balmer Lawrie'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.

Balmer Lawrie Gross Margin % Chart

Balmer Lawrie 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 35.20 31.67 26.60 30.06 34.02

Balmer Lawrie 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 30.73 32.45 34.15 34.38 35.12

Competitive Comparison of Balmer Lawrie's Gross Margin %

For the Conglomerates subindustry, Balmer Lawrie'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.


Balmer Lawrie's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Balmer Lawrie's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Balmer Lawrie's Gross Margin % falls into.



Balmer Lawrie Gross Margin % Calculation

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

Balmer Lawrie'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 )
=7956.9 / 23392.267
=(Revenue - Cost of Goods Sold) / Revenue
=(23392.267 - 15435.38) / 23392.267
=34.02 %

Balmer Lawrie'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 )
=2025.3 / 5766.885
=(Revenue - Cost of Goods Sold) / Revenue
=(5766.885 - 3741.541) / 5766.885
=35.12 %

* 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.


Balmer Lawrie  (BOM:523319) 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

Balmer Lawrie had a gross margin of 35.12% for the quarter that ended in Mar. 2024 => 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.


Balmer Lawrie Gross Margin % Related Terms

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


Balmer Lawrie (BOM:523319) Business Description

Traded in Other Exchanges
Address
Netaji Subhas Road, No. 21, Kolkata, WB, IND, 700 001
Balmer Lawrie & Co Ltd operates through various segments namely Industrial Packaging, Logistics Infrastructure, Logistic Services, Travel and Vacations, Greases and Lubricants, and Others. The company generates a majority of its revenue from the Industrial Packaging segment followed by Logistic Services.

Balmer Lawrie (BOM:523319) Headlines

No Headlines