Gandhar Oil Refinery (India) (BOM:544029) Gross Margin % : 11.81% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Gandhar Oil Refinery (India) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gandhar Oil Refinery (India)'s Gross Profit for the three months ended in Dec. 2023 was ₹1,302 Mil. Gandhar Oil Refinery (India)'s Revenue for the three months ended in Dec. 2023 was ₹11,026 Mil. Therefore, Gandhar Oil Refinery (India)'s Gross Margin % for the quarter that ended in Dec. 2023 was 11.81%.

The historical rank and industry rank for Gandhar Oil Refinery (India)'s Gross Margin % or its related term are showing as below:

BOM:544029' s Gross Margin % Range Over the Past 10 Years
Min: 11.31 Med: 12.94 Max: 17.59
Current: 11.31

During the past 3 years, the highest Gross Margin % of Gandhar Oil Refinery (India) was 17.59%. The lowest was 11.31%. And the median was 12.94%.

BOM:544029's Gross Margin % is ranked worse than
75.24% of 929 companies
in the Oil & Gas industry
Industry Median: 27.83 vs BOM:544029: 11.31

Gandhar Oil Refinery (India) had a gross margin of 11.81% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gandhar Oil Refinery (India) was 0.00% per year.

Gandhar Oil Refinery (India) Gross Margin % Historical Data

The historical data trend for Gandhar Oil Refinery (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.

Gandhar Oil Refinery (India) Gross Margin % Chart

Gandhar Oil Refinery (India) Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

17.59

12.94

12.26

Gandhar Oil Refinery (India) Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			-	10.73	10.59	11.45	11.81

Competitive Comparison of Gandhar Oil Refinery (India)'s Gross Margin %

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (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.

Gandhar Oil Refinery (India)'s Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s Gross Margin % falls into.

Gandhar Oil Refinery (India) Gross Margin % Calculation

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

Gandhar Oil Refinery (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 )
	=	4998.2	/	40759.48
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(40759.48 - 35761.32)	/	40759.48
	=	12.26 %

Gandhar Oil Refinery (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 )
	=	1301.9	/	11026.16
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11026.16 - 9724.29)	/	11026.16
	=	11.81 %

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.

Gandhar Oil Refinery (India) (BOM:544029) 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

Gandhar Oil Refinery (India) had a gross margin of 11.81% 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.

Gandhar Oil Refinery (India) Gross Margin % Related Terms

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

Gandhar Oil Refinery (India) (BOM:544029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gandhar Oil Refinery (India) Ltd (BOM:544029) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

GANDHAR:India

Address

S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062

Website

https://www.gandharoil.com

Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The Company is engaged in three segments namely, manufacturing and trading of petroleum products/specialty oils, trading of non-coking coal, and providing consignment, del-credere agency services for sale of polymers to local markets.

Gandhar Oil Refinery (India) (BOM:544029) Headlines

No Headlines