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Master Components (NSE:MASTER) Gross Margin % : 23.32% (As of Mar. 2023)


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What is Master Components Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Master Components's Gross Profit for the six months ended in Mar. 2023 was ₹24.5 Mil. Master Components's Revenue for the six months ended in Mar. 2023 was ₹104.9 Mil. Therefore, Master Components's Gross Margin % for the quarter that ended in Mar. 2023 was 23.32%.


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

NSE:MASTER' s Gross Margin % Range Over the Past 10 Years
Min: 23.33   Med: 26.53   Max: 31.93
Current: 24.82


During the past 4 years, the highest Gross Margin % of Master Components was 31.93%. The lowest was 23.33%. And the median was 26.53%.

NSE:MASTER's Gross Margin % is ranked better than
58.49% of 371 companies
in the Packaging & Containers industry
Industry Median: 21.7 vs NSE:MASTER: 24.82

Master Components had a gross margin of 23.32% for the quarter that ended in Mar. 2023 => Competition eroding margins

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


Master Components Gross Margin % Historical Data

The historical data trend for Master Components'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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Master Components Gross Margin % Chart

Master Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
31.93 28.23 23.33 24.82

Master Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Gross Margin % - - - 26.38 23.32

Competitive Comparison of Master Components's Gross Margin %

For the Packaging & Containers subindustry, Master Components'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.


Master Components's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Master Components's Gross Margin % distribution charts can be found below:

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



Master Components Gross Margin % Calculation

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

Master Components'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 )
=51 / 205.36
=(Revenue - Cost of Goods Sold) / Revenue
=(205.36 - 154.399) / 205.36
=24.82 %

Master Components'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 )
=24.5 / 104.939
=(Revenue - Cost of Goods Sold) / Revenue
=(104.939 - 80.471) / 104.939
=23.32 %

* 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.


Master Components  (NSE:MASTER) 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

Master Components had a gross margin of 23.32% 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.


Master Components Gross Margin % Related Terms

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Master Components (NSE:MASTER) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. D-10/A and D-10/B, M.I.D.C, Ambad, Nashik, MH, IND, 422010
Master Components Ltd is a company engaged in manufacturing plastic engineering components and subassemblies. Their product is a industrial capital goods and it undergoes stringent quality tests to meet industry standards before they are delivered to their clients. The company provides list of services such as Thermoplastic Injection Moulding, Thermoset Injection Moulding, Thermoset transfer moulding, Compression Moulding.

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