Aeroflex Industries (NSE:AEROFLEX) Gross Margin % : 37.30% (As of Mar. 2024)

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What is Aeroflex Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aeroflex Industries's Gross Profit for the six months ended in Mar. 2024 was ₹563 Mil. Aeroflex Industries's Revenue for the six months ended in Mar. 2024 was ₹1,509 Mil. Therefore, Aeroflex Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 37.30%.

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

NSE:AEROFLEX' s Gross Margin % Range Over the Past 10 Years
Min: 31.49 Med: 33.04 Max: 36.65
Current: 36.65

During the past 5 years, the highest Gross Margin % of Aeroflex Industries was 36.65%. The lowest was 31.49%. And the median was 33.04%.

NSE:AEROFLEX's Gross Margin % is ranked better than
74.58% of 2942 companies
in the Industrial Products industry
Industry Median: 26.4 vs NSE:AEROFLEX: 36.65

Aeroflex Industries had a gross margin of 37.30% for the quarter that ended in Mar. 2024 => Competition eroding margins

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

Aeroflex Industries Gross Margin % Historical Data

The historical data trend for Aeroflex Industries'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.

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Aeroflex Industries Gross Margin % Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Margin %

31.49

33.04

33.02

36.64

36.65

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross Margin %	Get a 7-Day Free Trial			-	36.63	32.55	36.06	37.30

Competitive Comparison of Aeroflex Industries's Gross Margin %

For the Metal Fabrication subindustry, Aeroflex Industries'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.

Aeroflex Industries's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aeroflex Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aeroflex Industries's Gross Margin % falls into.

Aeroflex Industries Gross Margin % Calculation

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

Aeroflex Industries'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 )
	=	1165	/	3179.073
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3179.073 - 2014.029)	/	3179.073
	=	36.65 %

Aeroflex Industries'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 )
	=	562.9	/	1509.012
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1509.012 - 946.159)	/	1509.012
	=	37.30 %

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.

Aeroflex Industries (NSE:AEROFLEX) 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

Aeroflex Industries had a gross margin of 37.30% 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.

Aeroflex Industries Gross Margin % Related Terms

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Aeroflex Industries (NSE:AEROFLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (NSE:AEROFLEX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

543972:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

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