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India Cements (India Cements) Gross Margin % : 46.18% (As of Dec. 2023)


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What is India Cements Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. India Cements's Gross Profit for the three months ended in Dec. 2023 was $63.5 Mil. India Cements's Revenue for the three months ended in Dec. 2023 was $137.5 Mil. Therefore, India Cements's Gross Margin % for the quarter that ended in Dec. 2023 was 46.18%.

Warning Sign:

India Cements Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.4%.


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

IAMUY' s Gross Margin % Range Over the Past 10 Years
Min: 33.91   Med: 53.89   Max: 58.01
Current: 56.78


During the past 13 years, the highest Gross Margin % of India Cements was 58.01%. The lowest was 33.91%. And the median was 53.89%.

IAMUY's Gross Margin % is ranked better than
90.11% of 374 companies
in the Building Materials industry
Industry Median: 25.155 vs IAMUY: 56.78

India Cements had a gross margin of 46.18% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for India Cements was -6.40% per year.


India Cements Gross Margin % Historical Data

The historical data trend for India Cements'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.

India Cements Gross Margin % Chart

India Cements 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 49.02 51.65 55.82 48.46 33.91

India Cements 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 35.93 25.46 77.44 79.52 46.18

Competitive Comparison of India Cements's Gross Margin %

For the Building Materials subindustry, India Cements'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.


India Cements's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, India Cements's Gross Margin % distribution charts can be found below:

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



India Cements Gross Margin % Calculation

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

India Cements'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 )
=230.8 / 680.72
=(Revenue - Cost of Goods Sold) / Revenue
=(680.72 - 449.88) / 680.72
=33.91 %

India Cements'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 )
=63.5 / 137.466
=(Revenue - Cost of Goods Sold) / Revenue
=(137.466 - 73.984) / 137.466
=46.18 %

* 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.


India Cements  (OTCPK:IAMUY) 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

India Cements had a gross margin of 46.18% for the quarter that ended in Dec. 2023 => Durable 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.


India Cements Gross Margin % Related Terms

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India Cements (India Cements) Business Description

Traded in Other Exchanges
Address
93, Santhome High Road, Karpagam Avenue, Coromandel Towers, R.A. Puram, Chennai, TN, IND, 600 028
India Cements Ltd is a cement manufacturing company. It is engaged in the manufacturing and sale of cement and cement-related products. The company brands include Sankar Super Power, Coromandel King, and Raasi Gold.

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