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Flair Writing Industries (NSE:FLAIR) Gross Margin % : 38.17% (As of Mar. 2023)


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What is Flair Writing Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Flair Writing Industries's Gross Profit for the six months ended in Mar. 2023 was ₹3,560 Mil. Flair Writing Industries's Revenue for the six months ended in Mar. 2023 was ₹9,326 Mil. Therefore, Flair Writing Industries's Gross Margin % for the quarter that ended in Mar. 2023 was 38.17%.


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

NSE:FLAIR' s Gross Margin % Range Over the Past 10 Years
Min: 34.12   Med: 36.78   Max: 38.17
Current: 38.17


During the past 5 years, the highest Gross Margin % of Flair Writing Industries was 38.17%. The lowest was 34.12%. And the median was 36.78%.

NSE:FLAIR's Gross Margin % is ranked better than
77.47% of 2934 companies
in the Industrial Products industry
Industry Median: 26.38 vs NSE:FLAIR: 38.17

Flair Writing Industries had a gross margin of 38.17% for the quarter that ended in Mar. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Flair Writing Industries was 0.00% per year.


Flair Writing Industries Gross Margin % Historical Data

The historical data trend for Flair Writing 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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Flair Writing Industries Gross Margin % Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23
Gross Margin %
- 35.79 34.12 37.76 38.17

Flair Writing Industries Semi-Annual Data
Mar17 Mar18 Mar21 Mar22 Mar23
Gross Margin % - 35.79 34.12 37.76 38.17

Competitive Comparison of Flair Writing Industries's Gross Margin %

For the Business Equipment & Supplies subindustry, Flair Writing 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.


Flair Writing Industries's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flair Writing Industries's Gross Margin % distribution charts can be found below:

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



Flair Writing Industries Gross Margin % Calculation

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

Flair Writing 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 )
=3559.7 / 9325.88
=(Revenue - Cost of Goods Sold) / Revenue
=(9325.88 - 5766.18) / 9325.88
=38.17 %

Flair Writing Industries's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=3559.7 / 9325.88
=(Revenue - Cost of Goods Sold) / Revenue
=(9325.88 - 5766.18) / 9325.88
=38.17 %

* 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.


Flair Writing Industries  (NSE:FLAIR) 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

Flair Writing Industries had a gross margin of 38.17% for the quarter that ended in Mar. 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.


Flair Writing Industries Gross Margin % Related Terms

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Flair Writing Industries (NSE:FLAIR) Business Description

Comparable Companies
Traded in Other Exchanges
Address
63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

Flair Writing Industries (NSE:FLAIR) Headlines

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