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Hindalco Industries (Hindalco Industries) Gross Margin % : 28.83% (As of Dec. 2023)


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What is Hindalco Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hindalco Industries's Gross Profit for the three months ended in Dec. 2023 was $1,829 Mil. Hindalco Industries's Revenue for the three months ended in Dec. 2023 was $6,343 Mil. Therefore, Hindalco Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 28.83%.


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

HNDNF' s Gross Margin % Range Over the Past 10 Years
Min: 22.83   Med: 26.09   Max: 28.4
Current: 24.24


During the past 13 years, the highest Gross Margin % of Hindalco Industries was 28.40%. The lowest was 22.83%. And the median was 26.09%.

HNDNF's Gross Margin % is ranked better than
58.3% of 705 companies
in the Metals & Mining industry
Industry Median: 19.25 vs HNDNF: 24.24

Hindalco Industries had a gross margin of 28.83% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hindalco Industries was -1.00% per year.


Hindalco Industries Gross Margin % Historical Data

The historical data trend for Hindalco 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.

* Premium members only.

Hindalco Industries Gross Margin % Chart

Hindalco Industries 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 26.02 26.61 27.27 27.85 23.27

Hindalco 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 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 23.50 14.42 26.81 27.14 28.83

Competitive Comparison of Hindalco Industries's Gross Margin %

For the Aluminum subindustry, Hindalco 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.


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

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

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



Hindalco Industries Gross Margin % Calculation

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

Hindalco 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 )
=6277.6 / 26977.81
=(Revenue - Cost of Goods Sold) / Revenue
=(26977.81 - 20700.164) / 26977.81
=23.27 %

Hindalco 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 )
=1829 / 6342.999
=(Revenue - Cost of Goods Sold) / Revenue
=(6342.999 - 4514.018) / 6342.999
=28.83 %

* 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.


Hindalco Industries  (OTCPK:HNDNF) 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

Hindalco Industries had a gross margin of 28.83% for the quarter that ended in Dec. 2023 => 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.


Hindalco Industries Gross Margin % Related Terms

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Hindalco Industries (Hindalco Industries) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, IND, 400030
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations worldwide.

Hindalco Industries (Hindalco Industries) Headlines

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