Magson Retail and Distribution (NSE:MAGSON) Gross Margin % : 25.49% (As of Sep. 2023)

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What is Magson Retail and Distribution Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Magson Retail and Distribution's Gross Profit for the six months ended in Sep. 2023 was ₹88.2 Mil. Magson Retail and Distribution's Revenue for the six months ended in Sep. 2023 was ₹345.9 Mil. Therefore, Magson Retail and Distribution's Gross Margin % for the quarter that ended in Sep. 2023 was 25.49%.

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

NSE:MAGSON' s Gross Margin % Range Over the Past 10 Years
Min: 25.24 Med: 29.5 Max: 30.91
Current: 27.89

During the past 3 years, the highest Gross Margin % of Magson Retail and Distribution was 30.91%. The lowest was 25.24%. And the median was 29.50%.

NSE:MAGSON's Gross Margin % is ranked better than
67.74% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.685 vs NSE:MAGSON: 27.89

Magson Retail and Distribution had a gross margin of 25.49% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Magson Retail and Distribution was 0.00% per year.

Magson Retail and Distribution Gross Margin % Historical Data

The historical data trend for Magson Retail and Distribution'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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Magson Retail and Distribution Gross Margin % Chart

Magson Retail and Distribution Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

25.24

30.91

29.50

Magson Retail and Distribution Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	-	-	28.49	30.43	25.49

Competitive Comparison of Magson Retail and Distribution's Gross Margin %

For the Grocery Stores subindustry, Magson Retail and Distribution'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.

Magson Retail and Distribution's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Magson Retail and Distribution's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Magson Retail and Distribution's Gross Margin % falls into.

Magson Retail and Distribution Gross Margin % Calculation

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

Magson Retail and Distribution'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 )
	=	185.3	/	628.192
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(628.192 - 442.888)	/	628.192
	=	29.50 %

Magson Retail and Distribution's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	88.2	/	345.907
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(345.907 - 257.719)	/	345.907
	=	25.49 %

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.

Magson Retail and Distribution (NSE:MAGSON) 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

Magson Retail and Distribution had a gross margin of 25.49% for the quarter that ended in Sep. 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.

Magson Retail and Distribution Gross Margin % Related Terms

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Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.magson.in

Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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