BMW Industries (BOM:542669) Gross Margin % : 68.21% (As of Dec. 2023)

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What is BMW Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BMW Industries's Gross Profit for the three months ended in Dec. 2023 was ₹982 Mil. BMW Industries's Revenue for the three months ended in Dec. 2023 was ₹1,439 Mil. Therefore, BMW Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 68.21%.

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

BOM:542669' s Gross Margin % Range Over the Past 10 Years
Min: 24.95 Med: 35.46 Max: 64.66
Current: 64.31

During the past 12 years, the highest Gross Margin % of BMW Industries was 64.66%. The lowest was 24.95%. And the median was 35.46%.

BOM:542669's Gross Margin % is ranked better than
98.12% of 585 companies
in the Steel industry
Industry Median: 13.01 vs BOM:542669: 64.31

BMW Industries had a gross margin of 68.21% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BMW Industries was 14.60% per year.

BMW Industries Gross Margin % Historical Data

The historical data trend for BMW 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.

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BMW Industries Gross Margin % Chart

BMW Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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38.03

46.71

53.38

64.66

60.59

BMW Industries 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															68.04	60.21	65.06	63.51	68.21

Competitive Comparison of BMW Industries's Gross Margin %

For the Steel subindustry, BMW 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.

BMW Industries's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BMW Industries's Gross Margin % distribution charts can be found below:

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

BMW Industries Gross Margin % Calculation

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

BMW Industries'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 )
	=	3407	/	5623.357
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5623.357 - 2216.4)	/	5623.357
	=	60.59 %

BMW Industries'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 )
	=	981.8	/	1439.268
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1439.268 - 457.5)	/	1439.268
	=	68.21 %

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.

BMW Industries (BOM:542669) 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

BMW Industries had a gross margin of 68.21% 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.

BMW Industries Gross Margin % Related Terms

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BMW Industries (BOM:542669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BMW Industries Ltd (BOM:542669) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

119, Park Street, White House, 3rd Floor, Kolkata, WB, IND, 700016

Website

https://www.bmwil.co.in

BMW Industries Ltd is an Indian company involved in steel manufacturing and processing activity. It manufactures two types of products, Long products such as towers, structures, and TMT, and Flat products like pipes, galvanised plain, and galvanised corrugated. The company is engaged in the galvanizing of tubes in addition to the manufacture of tubular poles/structures, transmission line towers, and rebars. Its product portfolio covers Rebars, HR sheets, slit coils, pipes, and poles, Bansal TMT, Bansal pipes, Full hard cold rolled coils, TMT rolling, and others. The company generates the majority of its revenue from the domestic market.

BMW Industries (BOM:542669) Headlines

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