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Bansal Roofing Products (BOM:538546) Gross Margin % : 16.39% (As of Dec. 2023)


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What is Bansal Roofing Products Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bansal Roofing Products's Gross Profit for the three months ended in Dec. 2023 was ₹42 Mil. Bansal Roofing Products's Revenue for the three months ended in Dec. 2023 was ₹257 Mil. Therefore, Bansal Roofing Products's Gross Margin % for the quarter that ended in Dec. 2023 was 16.39%.


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

BOM:538546' s Gross Margin % Range Over the Past 10 Years
Min: 14.14   Med: 15.83   Max: 19.72
Current: 16.3


During the past 7 years, the highest Gross Margin % of Bansal Roofing Products was 19.72%. The lowest was 14.14%. And the median was 15.83%.

BOM:538546's Gross Margin % is ranked worse than
56.17% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs BOM:538546: 16.30

Bansal Roofing Products had a gross margin of 16.39% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bansal Roofing Products was 3.00% per year.


Bansal Roofing Products Gross Margin % Historical Data

The historical data trend for Bansal Roofing Products'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.

Bansal Roofing Products Gross Margin % Chart

Bansal Roofing Products Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 15.63 19.72 17.56 15.83 17.69

Bansal Roofing Products Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 20.45 18.86 15.20 15.05 16.39

Competitive Comparison of Bansal Roofing Products's Gross Margin %

For the Building Products & Equipment subindustry, Bansal Roofing Products'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.


Bansal Roofing Products's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bansal Roofing Products's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bansal Roofing Products's Gross Margin % falls into.



Bansal Roofing Products Gross Margin % Calculation

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

Bansal Roofing Products'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 )
=165 / 932.525
=(Revenue - Cost of Goods Sold) / Revenue
=(932.525 - 767.526) / 932.525
=17.69 %

Bansal Roofing Products'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 )
=42.1 / 256.571
=(Revenue - Cost of Goods Sold) / Revenue
=(256.571 - 214.513) / 256.571
=16.39 %

* 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.


Bansal Roofing Products  (BOM:538546) 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

Bansal Roofing Products had a gross margin of 16.39% for the quarter that ended in Dec. 2023 => No sustainable 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.


Bansal Roofing Products Gross Margin % Related Terms

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Bansal Roofing Products (BOM:538546) Business Description

Traded in Other Exchanges
N/A
Address
274/2, Samlaya Sherpura Road, Village: Pratapnagar, Taluka: Savli, Vadodara, GJ, IND, 391520
Bansal Roofing Products Ltd is an Indian company engaged in the trading, manufacturing, and supply of roofing products. The company's products and services include pre-engineered building; color coated roofing sheet, roof ventilation system, skylight sheets, Z AND C purlins, louvers, installation, and consultancy. It also provides pre-engineering buildings for use in various applications consisting of factories, workshops, commercial showrooms, warehouses, community halls. The company's principal source of revenue is through the sale of roofing products.

Bansal Roofing Products (BOM:538546) Headlines

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