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Dai-Ichi Karkaria (BOM:526821) Gross Margin % : 37.03% (As of Sep. 2024)


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What is Dai-Ichi Karkaria Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dai-Ichi Karkaria's Gross Profit for the three months ended in Sep. 2024 was ₹136 Mil. Dai-Ichi Karkaria's Revenue for the three months ended in Sep. 2024 was ₹368 Mil. Therefore, Dai-Ichi Karkaria's Gross Margin % for the quarter that ended in Sep. 2024 was 37.03%.


The historical rank and industry rank for Dai-Ichi Karkaria's Gross Margin % or its related term are showing as below:

BOM:526821' s Gross Margin % Range Over the Past 10 Years
Min: 21.25   Med: 34.55   Max: 40.68
Current: 38.66


During the past 13 years, the highest Gross Margin % of Dai-Ichi Karkaria was 40.68%. The lowest was 21.25%. And the median was 34.55%.

BOM:526821's Gross Margin % is ranked better than
82.5% of 1514 companies
in the Chemicals industry
Industry Median: 22.005 vs BOM:526821: 38.66

Dai-Ichi Karkaria had a gross margin of 37.03% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dai-Ichi Karkaria was 3.90% per year.


Dai-Ichi Karkaria Gross Margin % Historical Data

The historical data trend for Dai-Ichi Karkaria'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.

Dai-Ichi Karkaria Gross Margin % Chart

Dai-Ichi Karkaria Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.19 23.34 21.25 34.11 39.30

Dai-Ichi Karkaria Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.60 41.65 36.85 39.07 37.03

Competitive Comparison of Dai-Ichi Karkaria's Gross Margin %

For the Specialty Chemicals subindustry, Dai-Ichi Karkaria'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.


Dai-Ichi Karkaria's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dai-Ichi Karkaria's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dai-Ichi Karkaria's Gross Margin % falls into.



Dai-Ichi Karkaria Gross Margin % Calculation

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

Dai-Ichi Karkaria'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 )
=514.1 / 1308.3
=(Revenue - Cost of Goods Sold) / Revenue
=(1308.3 - 794.2) / 1308.3
=39.30 %

Dai-Ichi Karkaria's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=136.1 / 367.5
=(Revenue - Cost of Goods Sold) / Revenue
=(367.5 - 231.4) / 367.5
=37.03 %

* 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.


Dai-Ichi Karkaria  (BOM:526821) 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

Dai-Ichi Karkaria had a gross margin of 37.03% for the quarter that ended in Sep. 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.


Dai-Ichi Karkaria Gross Margin % Related Terms

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Dai-Ichi Karkaria Business Description

Traded in Other Exchanges
N/A
Address
Sir Vithaldas Thackersey Marg, 3rd and 4th Floor, Liberty Building, New Marine Lines, Churchgate, Mumbai, MH, IND, 400020
Dai-Ichi Karkaria Ltd is engaged in the production and distribution of specialty chemicals. It offers products for various industries, including construction, pulp and paper, paints, coatings and pigments, crop protection, textiles, and among others. It has only one reportable segment which is Specialty Chemicals.

Dai-Ichi Karkaria Headlines

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