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Sah Polymers (NSE:SAH) Gross Margin % : 38.41% (As of Mar. 2024)


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What is Sah Polymers Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sah Polymers's Gross Profit for the three months ended in Mar. 2024 was ₹124 Mil. Sah Polymers's Revenue for the three months ended in Mar. 2024 was ₹324 Mil. Therefore, Sah Polymers's Gross Margin % for the quarter that ended in Mar. 2024 was 38.41%.


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

NSE:SAH' s Gross Margin % Range Over the Past 10 Years
Min: 29.29   Med: 30.76   Max: 39.99
Current: 39.99


During the past 5 years, the highest Gross Margin % of Sah Polymers was 39.99%. The lowest was 29.29%. And the median was 30.76%.

NSE:SAH's Gross Margin % is ranked better than
86.72% of 369 companies
in the Packaging & Containers industry
Industry Median: 21.77 vs NSE:SAH: 39.99

Sah Polymers had a gross margin of 38.41% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sah Polymers was 0.00% per year.


Sah Polymers Gross Margin % Historical Data

The historical data trend for Sah Polymers'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.

Sah Polymers Gross Margin % Chart

Sah Polymers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
30.76 29.29 30.04 39.88 39.98

Sah Polymers Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 50.54 43.51 38.86 39.99 38.41

Competitive Comparison of Sah Polymers's Gross Margin %

For the Packaging & Containers subindustry, Sah Polymers'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.


Sah Polymers's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sah Polymers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sah Polymers's Gross Margin % falls into.



Sah Polymers Gross Margin % Calculation

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

Sah Polymers'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 )
=436.6 / 1091.886
=(Revenue - Cost of Goods Sold) / Revenue
=(1091.886 - 655.297) / 1091.886
=39.98 %

Sah Polymers'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 )
=124.5 / 324.044
=(Revenue - Cost of Goods Sold) / Revenue
=(324.044 - 199.594) / 324.044
=38.41 %

* 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.


Sah Polymers  (NSE:SAH) 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

Sah Polymers had a gross margin of 38.41% 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.


Sah Polymers Gross Margin % Related Terms

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Sah Polymers (NSE:SAH) Business Description

Traded in Other Exchanges
Address
E-260-261 Mewar Industrial Area, Opp UCCI, Madri, Udaipur, RJ, IND, 313003
Sah Polymers Ltd is engaged in manufacturing and selling Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/LLDPE/PP woven fabrics, and woven polymers. It offers customized bulk packaging solutions to business-to-business manufacturers catering to different industries such as agro pesticides industry, basic drug industry, cement industry, cattle feed industry, chemical industry, metal industry, food products industry, textile industry, fertilizer industry, tyre Industry, and many more.

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