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Adarsh Plant Protect (BOM:526711) Gross Margin % : 24.50% (As of Mar. 2024)


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What is Adarsh Plant Protect Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Adarsh Plant Protect's Gross Profit for the three months ended in Mar. 2024 was ₹13.4 Mil. Adarsh Plant Protect's Revenue for the three months ended in Mar. 2024 was ₹54.6 Mil. Therefore, Adarsh Plant Protect's Gross Margin % for the quarter that ended in Mar. 2024 was 24.50%.


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

BOM:526711' s Gross Margin % Range Over the Past 10 Years
Min: 16.49   Med: 22.13   Max: 32.93
Current: 22.96


During the past 13 years, the highest Gross Margin % of Adarsh Plant Protect was 32.93%. The lowest was 16.49%. And the median was 22.13%.

BOM:526711's Gross Margin % is ranked worse than
53.66% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 23.95 vs BOM:526711: 22.96

Adarsh Plant Protect had a gross margin of 24.50% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Adarsh Plant Protect was 3.90% per year.


Adarsh Plant Protect Gross Margin % Historical Data

The historical data trend for Adarsh Plant Protect'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.

Adarsh Plant Protect Gross Margin % Chart

Adarsh Plant Protect 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 21.54 22.72 20.79 23.57 22.96

Adarsh Plant Protect 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 24.05 21.38 24.81 21.21 24.50

Competitive Comparison of Adarsh Plant Protect's Gross Margin %

For the Farm & Heavy Construction Machinery subindustry, Adarsh Plant Protect'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.


Adarsh Plant Protect's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Adarsh Plant Protect's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Adarsh Plant Protect's Gross Margin % falls into.



Adarsh Plant Protect Gross Margin % Calculation

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

Adarsh Plant Protect'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 )
=42.8 / 186.49
=(Revenue - Cost of Goods Sold) / Revenue
=(186.49 - 143.668) / 186.49
=22.96 %

Adarsh Plant Protect'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 )
=13.4 / 54.646
=(Revenue - Cost of Goods Sold) / Revenue
=(54.646 - 41.26) / 54.646
=24.50 %

* 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.


Adarsh Plant Protect  (BOM:526711) 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

Adarsh Plant Protect had a gross margin of 24.50% 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.


Adarsh Plant Protect Gross Margin % Related Terms

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Adarsh Plant Protect (BOM:526711) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 604, G.I.D.C. Estate, Vitthal Udyognagar, Anand, GJ, IND, 388121
Adarsh Plant Protect Ltd is an Indian company which is engaged in manufacturing and selling plant protection and agricultural equipment. It mainly manufactures manual and battery-operated knapsack sprayer pumps, fertilizer dusters and broadcasters, and manual and power operated seed dressing drums. The agricultural equipment produces by the company includes hand-operated agricultural sprayer pumps, foot-operated agricultural sprayer pumps, rocker sprayer pumps, and others under the Adarsh brand. The company also manufactures barrels with MS/GI sheets, HMHDPE composite barrels of GI sheets, and inside epoxy lacquered MS barrels. The operating segments of the company are Agricultural Equipment, Barrel, and Eco Stove.

Adarsh Plant Protect (BOM:526711) Headlines

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