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Focus Lighting and Fixtures (NSE:FOCUS) Gross Margin % : 45.16% (As of Mar. 2023)


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What is Focus Lighting and Fixtures Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Focus Lighting and Fixtures's Gross Profit for the six months ended in Mar. 2023 was ₹459 Mil. Focus Lighting and Fixtures's Revenue for the six months ended in Mar. 2023 was ₹1,017 Mil. Therefore, Focus Lighting and Fixtures's Gross Margin % for the quarter that ended in Mar. 2023 was 45.16%.


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

NSE:FOCUS' s Gross Margin % Range Over the Past 10 Years
Min: 9.71   Med: 29.02   Max: 45.11
Current: 45.11


During the past 12 years, the highest Gross Margin % of Focus Lighting and Fixtures was 45.11%. The lowest was 9.71%. And the median was 29.02%.

NSE:FOCUS's Gross Margin % is ranked better than
82.89% of 409 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.42 vs NSE:FOCUS: 45.11

Focus Lighting and Fixtures had a gross margin of 45.16% for the quarter that ended in Mar. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Focus Lighting and Fixtures was 7.40% per year.


Focus Lighting and Fixtures Gross Margin % Historical Data

The historical data trend for Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures Gross Margin % Chart

Focus Lighting and Fixtures 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 31.19 30.72 27.56 33.74 45.11

Focus Lighting and Fixtures Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 25.69 29.66 36.76 45.03 45.16

Competitive Comparison of Focus Lighting and Fixtures's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.


Focus Lighting and Fixtures's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Gross Margin % falls into.



Focus Lighting and Fixtures Gross Margin % Calculation

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

Focus Lighting and Fixtures'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 )
=760.4 / 1685.838
=(Revenue - Cost of Goods Sold) / Revenue
=(1685.838 - 925.423) / 1685.838
=45.11 %

Focus Lighting and Fixtures'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 )
=459.4 / 1017.267
=(Revenue - Cost of Goods Sold) / Revenue
=(1017.267 - 557.909) / 1017.267
=45.16 %

* 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.


Focus Lighting and Fixtures  (NSE:FOCUS) 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

Focus Lighting and Fixtures had a gross margin of 45.16% for the quarter that ended in Mar. 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.


Focus Lighting and Fixtures Gross Margin % Related Terms

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Focus Lighting and Fixtures (NSE:FOCUS) Business Description

Traded in Other Exchanges
N/A
Address
Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, Goregaon (East), Mumbai, MH, IND, 400063
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.

Focus Lighting and Fixtures (NSE:FOCUS) Headlines

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