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Dwarikesh Sugar Industries (BOM:532610) Gross Margin % : 33.47% (As of Mar. 2024)


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What is Dwarikesh Sugar Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dwarikesh Sugar Industries's Gross Profit for the three months ended in Mar. 2024 was ₹1,272 Mil. Dwarikesh Sugar Industries's Revenue for the three months ended in Mar. 2024 was ₹3,799 Mil. Therefore, Dwarikesh Sugar Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 33.47%.


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

BOM:532610' s Gross Margin % Range Over the Past 10 Years
Min: 15.1   Med: 23.29   Max: 33.05
Current: 26.34


During the past 13 years, the highest Gross Margin % of Dwarikesh Sugar Industries was 33.05%. The lowest was 15.10%. And the median was 23.29%.

BOM:532610's Gross Margin % is ranked better than
52.46% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 25.19 vs BOM:532610: 26.34

Dwarikesh Sugar Industries had a gross margin of 33.47% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dwarikesh Sugar Industries was 1.00% per year.


Dwarikesh Sugar Industries Gross Margin % Historical Data

The historical data trend for Dwarikesh Sugar Industries'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.

Dwarikesh Sugar Industries Gross Margin % Chart

Dwarikesh Sugar Industries Annual Data
Trend Sep13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.12 21.25 24.31 22.26 26.34

Dwarikesh Sugar Industries 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 27.32 23.97 20.56 30.25 33.47

Competitive Comparison of Dwarikesh Sugar Industries's Gross Margin %

For the Confectioners subindustry, Dwarikesh Sugar Industries'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.


Dwarikesh Sugar Industries's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dwarikesh Sugar Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dwarikesh Sugar Industries's Gross Margin % falls into.



Dwarikesh Sugar Industries Gross Margin % Calculation

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

Dwarikesh Sugar Industries'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 )
=4503.4 / 17095.698
=(Revenue - Cost of Goods Sold) / Revenue
=(17095.698 - 12592.271) / 17095.698
=26.34 %

Dwarikesh Sugar Industries'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 )
=1271.7 / 3799.405
=(Revenue - Cost of Goods Sold) / Revenue
=(3799.405 - 2527.72) / 3799.405
=33.47 %

* 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.


Dwarikesh Sugar Industries  (BOM:532610) 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

Dwarikesh Sugar Industries had a gross margin of 33.47% 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.


Dwarikesh Sugar Industries Gross Margin % Related Terms

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Dwarikesh Sugar Industries (BOM:532610) Business Description

Traded in Other Exchanges
Address
511, Maker Chambers V, 221, Nariman Point, Mumbai, MH, IND, 400 021
Dwarikesh Sugar Industries Ltd is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar, as well as allied products. The business activity of the group functions through Sugar, Co-generation, and Distillery segments. The product portfolio of the group includes Sugar, ethanol, and Power products. Geographically, it derives revenue from India and the exports made to other countries.

Dwarikesh Sugar Industries (BOM:532610) Headlines

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