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Thomas Scott (India) (BOM:533941) Gross Margin % : 53.44% (As of Dec. 2023)


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What is Thomas Scott (India) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Thomas Scott (India)'s Gross Profit for the three months ended in Dec. 2023 was ₹115.7 Mil. Thomas Scott (India)'s Revenue for the three months ended in Dec. 2023 was ₹216.5 Mil. Therefore, Thomas Scott (India)'s Gross Margin % for the quarter that ended in Dec. 2023 was 53.44%.


The historical rank and industry rank for Thomas Scott (India)'s Gross Margin % or its related term are showing as below:

BOM:533941' s Gross Margin % Range Over the Past 10 Years
Min: 8.1   Med: 14.64   Max: 35.66
Current: 35.66


During the past 13 years, the highest Gross Margin % of Thomas Scott (India) was 35.66%. The lowest was 8.10%. And the median was 14.64%.

BOM:533941's Gross Margin % is ranked better than
64.08% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.685 vs BOM:533941: 35.66

Thomas Scott (India) had a gross margin of 53.44% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Thomas Scott (India) was 15.50% per year.


Thomas Scott (India) Gross Margin % Historical Data

The historical data trend for Thomas Scott (India)'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.

Thomas Scott (India) Gross Margin % Chart

Thomas Scott (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.86 13.63 16.88 23.50 25.84

Thomas Scott (India) 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 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 39.97 0.18 41.73 51.68 53.44

Competitive Comparison of Thomas Scott (India)'s Gross Margin %

For the Textile Manufacturing subindustry, Thomas Scott (India)'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.


Thomas Scott (India)'s Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thomas Scott (India)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thomas Scott (India)'s Gross Margin % falls into.



Thomas Scott (India) Gross Margin % Calculation

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

Thomas Scott (India)'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 )
=162.2 / 627.895
=(Revenue - Cost of Goods Sold) / Revenue
=(627.895 - 465.67) / 627.895
=25.84 %

Thomas Scott (India)'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 )
=115.7 / 216.475
=(Revenue - Cost of Goods Sold) / Revenue
=(216.475 - 100.795) / 216.475
=53.44 %

* 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.


Thomas Scott (India)  (BOM:533941) 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

Thomas Scott (India) had a gross margin of 53.44% 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.


Thomas Scott (India) Gross Margin % Related Terms

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Thomas Scott (India) (BOM:533941) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 50, Kewal Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400013
Thomas Scott (India) Ltd is engaged in the manufacturing and trading of Textile and Textile products. The company sells formal shirts that suit the heritage of premium shirting. It also offers semi-formal shirts and casual shirts. The company's products can be combined with jeans, a blazer, an unstructured blazer, chinos, and a nifty pocket square. The company has only one geographical segment as it caters to the need of domestic market.

Thomas Scott (India) (BOM:533941) Headlines

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