GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Khaitan India Ltd (NSE:KHAITANLTD) » Definitions » Gross Margin %

Khaitan India (NSE:KHAITANLTD) Gross Margin % : 30.62% (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Khaitan India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Khaitan India's Gross Profit for the three months ended in Dec. 2023 was ₹42.0 Mil. Khaitan India's Revenue for the three months ended in Dec. 2023 was ₹137.2 Mil. Therefore, Khaitan India's Gross Margin % for the quarter that ended in Dec. 2023 was 30.62%.


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

NSE:KHAITANLTD' s Gross Margin % Range Over the Past 10 Years
Min: 12.07   Med: 23.05   Max: 44.8
Current: 28.29


During the past 13 years, the highest Gross Margin % of Khaitan India was 44.80%. The lowest was 12.07%. And the median was 23.05%.

NSE:KHAITANLTD's Gross Margin % is ranked worse than
50.25% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.295 vs NSE:KHAITANLTD: 28.29

Khaitan India had a gross margin of 30.62% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Khaitan India was 2.30% per year.


Khaitan India Gross Margin % Historical Data

The historical data trend for Khaitan India'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.

Khaitan India Gross Margin % Chart

Khaitan India 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 22.93 20.74 26.07 23.20 23.17

Khaitan India 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 23.98 18.45 33.57 29.85 30.62

Competitive Comparison of Khaitan India's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Khaitan India'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.


Khaitan India's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Khaitan India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Khaitan India's Gross Margin % falls into.



Khaitan India Gross Margin % Calculation

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

Khaitan India'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 )
=137.8 / 594.556
=(Revenue - Cost of Goods Sold) / Revenue
=(594.556 - 456.786) / 594.556
=23.17 %

Khaitan India'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 / 137.155
=(Revenue - Cost of Goods Sold) / Revenue
=(137.155 - 95.158) / 137.155
=30.62 %

* 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.


Khaitan India  (NSE:KHAITANLTD) 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

Khaitan India had a gross margin of 30.62% 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.


Khaitan India Gross Margin % Related Terms

Thank you for viewing the detailed overview of Khaitan India's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Khaitan India (NSE:KHAITANLTD) Business Description

Traded in Other Exchanges
Address
46 C, Jawaharlal Nehru Road, Everest House, Kolkata, WB, IND, 700001
Khaitan India Ltd is an Indian company engaged in the trading of electrical products. Its business operating segments include Electrical Goods, Sugar, and Agriculture. The firm generates maximum revenue from the Electrical Goods segment that markets Fans, Coolers, and Pumps and gets a royalty. Fans contribute to the highest business.

Khaitan India (NSE:KHAITANLTD) Headlines

No Headlines