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Euro India Fresh Foods (NSE:EIFFL) Gross Margin % : 27.26% (As of Mar. 2023)


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What is Euro India Fresh Foods Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Euro India Fresh Foods's Gross Profit for the six months ended in Mar. 2023 was ₹379 Mil. Euro India Fresh Foods's Revenue for the six months ended in Mar. 2023 was ₹1,389 Mil. Therefore, Euro India Fresh Foods's Gross Margin % for the quarter that ended in Mar. 2023 was 27.26%.

Warning Sign:

Euro India Fresh Foods Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.6%.


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

NSE:EIFFL' s Gross Margin % Range Over the Past 10 Years
Min: 16.34   Med: 34.94   Max: 48.41
Current: 27.27


During the past 12 years, the highest Gross Margin % of Euro India Fresh Foods was 48.41%. The lowest was 16.34%. And the median was 34.94%.

NSE:EIFFL's Gross Margin % is ranked better than
54.92% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.09 vs NSE:EIFFL: 27.27

Euro India Fresh Foods had a gross margin of 27.26% for the quarter that ended in Mar. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Euro India Fresh Foods was -6.60% per year.


Euro India Fresh Foods Gross Margin % Historical Data

The historical data trend for Euro India Fresh Foods'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.

Euro India Fresh Foods Gross Margin % Chart

Euro India Fresh Foods 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 35.76 34.40 30.48 26.07 27.26

Euro India Fresh Foods Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.76 34.40 30.48 26.07 27.26

Competitive Comparison of Euro India Fresh Foods's Gross Margin %

For the Packaged Foods subindustry, Euro India Fresh Foods'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.


Euro India Fresh Foods's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Euro India Fresh Foods's Gross Margin % distribution charts can be found below:

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



Euro India Fresh Foods Gross Margin % Calculation

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

Euro India Fresh Foods'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 )
=378.6 / 1388.6
=(Revenue - Cost of Goods Sold) / Revenue
=(1388.6 - 1010) / 1388.6
=27.26 %

Euro India Fresh Foods's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=378.6 / 1388.6
=(Revenue - Cost of Goods Sold) / Revenue
=(1388.6 - 1010) / 1388.6
=27.26 %

* 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.


Euro India Fresh Foods  (NSE:EIFFL) 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

Euro India Fresh Foods had a gross margin of 27.26% for the quarter that ended in Mar. 2023 => 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.


Euro India Fresh Foods Gross Margin % Related Terms

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Euro India Fresh Foods (NSE:EIFFL) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Near Cinemax Theater, 501, 5th Floor, The Summit Business Bay, Andheri (East), Mumbai, MH, IND, 400059
Euro India Fresh Foods Ltd is an Indian Food business firm. The company is engaged in manufacturing and selling processed food and beverages which is the only business segment. Company products include; Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro's mango drink Fresho, and lemon-based drinks Euro Lemoni. The firm has outlets in cities such as Surat, Ahmedabad, Bhavnagar, Mumbai and Others. Euro also exports products overseas however the majority of the revenue accrues from domestic sales.

Euro India Fresh Foods (NSE:EIFFL) Headlines

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