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RCI Industries & Technologies (BOM:537254) Gross Margin % : 31.77% (As of Sep. 2022)


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What is RCI Industries & Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. RCI Industries & Technologies's Gross Profit for the three months ended in Sep. 2022 was ₹33.1 Mil. RCI Industries & Technologies's Revenue for the three months ended in Sep. 2022 was ₹104.3 Mil. Therefore, RCI Industries & Technologies's Gross Margin % for the quarter that ended in Sep. 2022 was 31.77%.


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


BOM:537254's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.22
* Ranked among companies with meaningful Gross Margin % only.

RCI Industries & Technologies had a gross margin of 31.77% for the quarter that ended in Sep. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for RCI Industries & Technologies was 0.00% per year.


RCI Industries & Technologies Gross Margin % Historical Data

The historical data trend for RCI Industries & Technologies'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.

RCI Industries & Technologies Gross Margin % Chart

RCI Industries & Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 3.94 5.55 -11.48 -10.14 -19.73

RCI Industries & Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -70.22 -5.51 -47.54 12.60 31.77

Competitive Comparison of RCI Industries & Technologies's Gross Margin %

For the Copper subindustry, RCI Industries & Technologies'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.


RCI Industries & Technologies's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, RCI Industries & Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RCI Industries & Technologies's Gross Margin % falls into.



RCI Industries & Technologies Gross Margin % Calculation

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

RCI Industries & Technologies's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )=Gross Profit (A: Mar. 2022 ) / Revenue (A: Mar. 2022 )
=-117.8 / 596.813
=(Revenue - Cost of Goods Sold) / Revenue
=(596.813 - 714.582) / 596.813
=-19.73 %

RCI Industries & Technologies's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=33.1 / 104.279
=(Revenue - Cost of Goods Sold) / Revenue
=(104.279 - 71.145) / 104.279
=31.77 %

* 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.


RCI Industries & Technologies  (BOM:537254) 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

RCI Industries & Technologies had a gross margin of 31.77% for the quarter that ended in Sep. 2022 => 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.


RCI Industries & Technologies Gross Margin % Related Terms

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RCI Industries & Technologies (BOM:537254) Business Description

Traded in Other Exchanges
N/A
Address
4th Florr Pearl Omaxe Tower,, Unit Number 421,, Pitampura, New Delhi, Delhi, IND, 110052
RCI Industries & Technologies Ltd is engaged in the manufacturing of copper products in India. The company's product categories include Brass, Bronze, Copper, Nickel, Solder, Stainless steel, and Aluminium. Its products are applicable in sectors like automobile, engineering, defence, construction, electronics, among others. It involves into B2C segment for the production of copper cables, LED Lights, and Home Appliances under the brand name RIKAYAA. Geographically, it derives substantial revenue from India and has operations in the Middle East and African countries.

RCI Industries & Technologies (BOM:537254) Headlines

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