Goyallt (NSE:GOYALSALT) Gross Margin % : 11.85% (As of Mar. 2023)

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What is Goyallt Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Goyallt's Gross Profit for the six months ended in Mar. 2023 was ₹139 Mil. Goyallt's Revenue for the six months ended in Mar. 2023 was ₹1,176 Mil. Therefore, Goyallt's Gross Margin % for the quarter that ended in Mar. 2023 was 11.85%.

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

NSE:GOYALSALT' s Gross Margin % Range Over the Past 10 Years
Min: 9.59 Med: 12.52 Max: 13.71
Current: 11.85

During the past 4 years, the highest Gross Margin % of Goyallt was 13.71%. The lowest was 9.59%. And the median was 12.52%.

NSE:GOYALSALT's Gross Margin % is ranked worse than
79.81% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.09 vs NSE:GOYALSALT: 11.85

Goyallt had a gross margin of 11.85% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

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

Goyallt Gross Margin % Historical Data

The historical data trend for Goyallt'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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Goyallt Gross Margin % Chart

Goyallt Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Gross Margin %

9.59

13.71

13.18

11.85

Goyallt Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Gross Margin %	9.59	13.71	13.18	11.85

Competitive Comparison of Goyallt's Gross Margin %

For the Packaged Foods subindustry, Goyallt'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.

Goyallt's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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

Goyallt Gross Margin % Calculation

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

Goyallt'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 )
	=	139.4	/	1176.419
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1176.419 - 1037.053)	/	1176.419
	=	11.85 %

Goyallt'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 )
	=	139.4	/	1176.419
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1176.419 - 1037.053)	/	1176.419
	=	11.85 %

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.

Goyallt (NSE:GOYALSALT) 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

Goyallt had a gross margin of 11.85% for the quarter that ended in Mar. 2023 => No sustainable 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.

Goyallt Gross Margin % Related Terms

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Goyallt (NSE:GOYALSALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goyal Salt Ltd (NSE:GOYALSALT) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021

Website

https://www.goyalsaltltd.com

Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Goyallt (NSE:GOYALSALT) Headlines

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