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Marvel Decor (NSE:MDL) Gross Margin % : 42.15% (As of Sep. 2023)


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What is Marvel Decor Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Marvel Decor's Gross Profit for the six months ended in Sep. 2023 was ₹110.4 Mil. Marvel Decor's Revenue for the six months ended in Sep. 2023 was ₹262.0 Mil. Therefore, Marvel Decor's Gross Margin % for the quarter that ended in Sep. 2023 was 42.15%.

Warning Sign:

Marvel Decor 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 Marvel Decor's Gross Margin % or its related term are showing as below:

NSE:MDL' s Gross Margin % Range Over the Past 10 Years
Min: 27.35   Med: 38.36   Max: 59.1
Current: 40.62


During the past 11 years, the highest Gross Margin % of Marvel Decor was 59.10%. The lowest was 27.35%. And the median was 38.36%.

NSE:MDL's Gross Margin % is ranked better than
78.97% of 409 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.37 vs NSE:MDL: 40.62

Marvel Decor had a gross margin of 42.15% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Marvel Decor was -6.60% per year.


Marvel Decor Gross Margin % Historical Data

The historical data trend for Marvel Decor'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.

Marvel Decor Gross Margin % Chart

Marvel Decor 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 58.36 38.46 38.26 39.86 37.66

Marvel Decor Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 34.92 44.30 36.06 39.09 42.15

Competitive Comparison of Marvel Decor's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Marvel Decor'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.


Marvel Decor's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

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

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



Marvel Decor Gross Margin % Calculation

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

Marvel Decor'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 )
=187.1 / 496.674
=(Revenue - Cost of Goods Sold) / Revenue
=(496.674 - 309.613) / 496.674
=37.66 %

Marvel Decor'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 )
=110.4 / 262.028
=(Revenue - Cost of Goods Sold) / Revenue
=(262.028 - 151.596) / 262.028
=42.15 %

* 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.


Marvel Decor  (NSE:MDL) 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

Marvel Decor had a gross margin of 42.15% for the quarter that ended in Sep. 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.


Marvel Decor Gross Margin % Related Terms

Thank you for viewing the detailed overview of Marvel Decor's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Marvel Decor (NSE:MDL) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 210-211, GIDC Phase II, Dared, Jamnagar, GJ, IND, 361004
Marvel Decor Ltd is an Indian-based company that engages in the manufacture of window blinds. It is engaged in the manufacturing and sale of window covering products like blinds, curtain rods, and tracks. It specializes in Roller blinds, Roman blinds, Luzon blinds, Grayson blinds, Eton blinds, Patricia blinds, Aric blinds, Colby blinds, Meliso blinds, Vertical blinds, Bamboo blinds, Wooden Venetian blinds, among others. The Company' business is geographically segmented covers the following countries such as UK, UAE, USA, Canada, Malta, Ireland, Australia, Ghana, New Zealand, Mexico, Nigeria, Kenya, Israel, etc.

Marvel Decor (NSE:MDL) Headlines

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