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Shyam Metalics and Energy (BOM:543299) Gross Margin % : 27.99% (As of Mar. 2024)


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What is Shyam Metalics and Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shyam Metalics and Energy's Gross Profit for the three months ended in Mar. 2024 was ₹10,094 Mil. Shyam Metalics and Energy's Revenue for the three months ended in Mar. 2024 was ₹36,062 Mil. Therefore, Shyam Metalics and Energy's Gross Margin % for the quarter that ended in Mar. 2024 was 27.99%.

Warning Sign:

Shyam Metalics and Energy Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


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

BOM:543299' s Gross Margin % Range Over the Past 10 Years
Min: 27.56   Med: 31.51   Max: 34.79
Current: 28.2


During the past 8 years, the highest Gross Margin % of Shyam Metalics and Energy was 34.79%. The lowest was 27.56%. And the median was 31.51%.

BOM:543299's Gross Margin % is ranked better than
77.47% of 586 companies
in the Steel industry
Industry Median: 12.94 vs BOM:543299: 28.20

Shyam Metalics and Energy had a gross margin of 27.99% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shyam Metalics and Energy was -3.30% per year.


Shyam Metalics and Energy Gross Margin % Historical Data

The historical data trend for Shyam Metalics and Energy'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.

Shyam Metalics and Energy Gross Margin % Chart

Shyam Metalics and Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 32.06 34.30 34.79 29.14 28.17

Shyam Metalics and Energy Quarterly Data
Mar17 Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 26.60 29.09 28.70 27.97 27.99

Competitive Comparison of Shyam Metalics and Energy's Gross Margin %

For the Steel subindustry, Shyam Metalics and Energy'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.


Shyam Metalics and Energy's Gross Margin % Distribution in the Steel Industry

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

* The bar in red indicates where Shyam Metalics and Energy's Gross Margin % falls into.



Shyam Metalics and Energy Gross Margin % Calculation

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

Shyam Metalics and Energy'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 )
=37165.4 / 131952.2
=(Revenue - Cost of Goods Sold) / Revenue
=(131952.2 - 94786.8) / 131952.2
=28.17 %

Shyam Metalics and Energy'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 )
=10093.9 / 36062
=(Revenue - Cost of Goods Sold) / Revenue
=(36062 - 25968.1) / 36062
=27.99 %

* 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.


Shyam Metalics and Energy  (BOM:543299) 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

Shyam Metalics and Energy had a gross margin of 27.99% 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.


Shyam Metalics and Energy Gross Margin % Related Terms

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Shyam Metalics and Energy (BOM:543299) Business Description

Traded in Other Exchanges
Address
83, Topsia Road, Trinity Tower, 7th Floor, Kolkata, WB, IND, 700046
Shyam Metalics and Energy Ltd is an integrated metal producer company. It is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. The company generates the majority of its revenue from India. The group revenue from the Sale of Manufactured Products, Sale of Services, Sale of Traded Goods, and Sale of Power, with the majority being generated from the sale of manufactured products.

Shyam Metalics and Energy (BOM:543299) Headlines

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