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Baroda Extrusion (BOM:513502) Gross Margin % : 4.27% (As of Dec. 2023)


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What is Baroda Extrusion Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Baroda Extrusion's Gross Profit for the three months ended in Dec. 2023 was ₹12 Mil. Baroda Extrusion's Revenue for the three months ended in Dec. 2023 was ₹290 Mil. Therefore, Baroda Extrusion's Gross Margin % for the quarter that ended in Dec. 2023 was 4.27%.


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

BOM:513502' s Gross Margin % Range Over the Past 10 Years
Min: -11.49   Med: -0.74   Max: 2.51
Current: 1.44


During the past 13 years, the highest Gross Margin % of Baroda Extrusion was 2.51%. The lowest was -11.49%. And the median was -0.74%.

BOM:513502's Gross Margin % is ranked worse than
86.08% of 704 companies
in the Metals & Mining industry
Industry Median: 19.22 vs BOM:513502: 1.44

Baroda Extrusion had a gross margin of 4.27% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Baroda Extrusion Gross Margin % Historical Data

The historical data trend for Baroda Extrusion'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.

Baroda Extrusion Gross Margin % Chart

Baroda Extrusion 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 -1.11 1.59 1.98 2.51 -0.78

Baroda Extrusion 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 -0.72 -6.19 3.43 4.58 4.27

Competitive Comparison of Baroda Extrusion's Gross Margin %

For the Copper subindustry, Baroda Extrusion'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.


Baroda Extrusion's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Baroda Extrusion's Gross Margin % falls into.



Baroda Extrusion Gross Margin % Calculation

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

Baroda Extrusion'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 )
=-10.2 / 1301.433
=(Revenue - Cost of Goods Sold) / Revenue
=(1301.433 - 1311.646) / 1301.433
=-0.78 %

Baroda Extrusion'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 )
=12.4 / 289.678
=(Revenue - Cost of Goods Sold) / Revenue
=(289.678 - 277.318) / 289.678
=4.27 %

* 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.


Baroda Extrusion  (BOM:513502) 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

Baroda Extrusion had a gross margin of 4.27% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


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.


Baroda Extrusion Gross Margin % Related Terms

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Baroda Extrusion (BOM:513502) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 65-66, Jarod-Samalaya Road, Village - Garadiya, Taluka - Savli, Vadodara, GJ, IND, 391520
Baroda Extrusion Ltd is an Indian-based company, engaged in the manufacturing of copper finished goods. It is involved in the manufacturing of electrolytic copper for heavy electronics users like High Voltage Transformers, SFG Switch Gears, and Top Gears. The products offered by the group include Copper Rods, Copper Tubes, Copper Coils, Copper Billets, Copper bars, and others. Geographically, it derives revenue from India.

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