Atul (NSE:ATUL) Gross Margin % : 49.75% (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Atul Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Atul's Gross Profit for the three months ended in Mar. 2024 was ₹6,030 Mil. Atul's Revenue for the three months ended in Mar. 2024 was ₹12,122 Mil. Therefore, Atul's Gross Margin % for the quarter that ended in Mar. 2024 was 49.75%.

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

NSE:ATUL' s Gross Margin % Range Over the Past 10 Years
Min: 43.12 Med: 46.77 Max: 52.42
Current: 46.88

During the past 13 years, the highest Gross Margin % of Atul was 52.42%. The lowest was 43.12%. And the median was 46.77%.

NSE:ATUL's Gross Margin % is ranked better than
90.65% of 1508 companies
in the Chemicals industry
Industry Median: 22.315 vs NSE:ATUL: 46.88

Atul had a gross margin of 49.75% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Atul was -0.30% per year.

Atul Gross Margin % Historical Data

The historical data trend for Atul'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.

Atul Gross Margin % Chart

Atul Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Margin %

Get a 7-Day Free Trial

49.42

52.42

47.25

47.23

46.87

Atul Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															45.83	46.50	44.08	47.14	49.75

Competitive Comparison of Atul's Gross Margin %

For the Specialty Chemicals subindustry, Atul'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.

Atul's Gross Margin % Distribution in the Chemicals Industry

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

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

Atul Gross Margin % Calculation

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

Atul'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 )
	=	22151.4	/	47256.8
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(47256.8 - 25105.4)	/	47256.8
	=	46.87 %

Atul'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 )
	=	6030.1	/	12121.5
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12121.5 - 6091.4)	/	12121.5
	=	49.75 %

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.

Atul (NSE:ATUL) 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

Atul had a gross margin of 49.75% for the quarter that ended in Mar. 2024 => 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.

Atul Gross Margin % Related Terms

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

Atul (NSE:ATUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Atul Ltd (NSE:ATUL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

500027:India

Address

Atul, Ahmedabad, GJ, IND, 396020

Website

https://www.atul.co.in

Atul Ltd manufactures and sells a variety of chemicals and chemical-based products. The firm's two segments are based on product type. The Performance and other chemicals segment, which generates the majority of revenue, sells aromatics used in fragrances and personal-care products, bulk chemicals, and intermediates used in the production of cosmetics and automobile tires. The segment also sells chemicals used in textile dyes and plastic polymers used in airplanes and automobiles. The Life science chemicals segment sells crop protection products including herbicides, insecticides, and fungicides. The segment also sells pharmaceuticals used to treat depression, diabetes, infections, and cardiovascular diseases. Around half of the company's revenue comes from India.

Atul (NSE:ATUL) Headlines

No Headlines