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Ravikumar Distilleries (NSE:RKDL) Gross Margin % : 9.54% (As of Dec. 2023)


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What is Ravikumar Distilleries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ravikumar Distilleries's Gross Profit for the three months ended in Dec. 2023 was ₹4.9 Mil. Ravikumar Distilleries's Revenue for the three months ended in Dec. 2023 was ₹51.5 Mil. Therefore, Ravikumar Distilleries's Gross Margin % for the quarter that ended in Dec. 2023 was 9.54%.

Warning Sign:

Ravikumar Distilleries Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


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

NSE:RKDL' s Gross Margin % Range Over the Past 10 Years
Min: 10.96   Med: 21   Max: 25.3
Current: 10.96


During the past 13 years, the highest Gross Margin % of Ravikumar Distilleries was 25.30%. The lowest was 10.96%. And the median was 21.00%.

NSE:RKDL's Gross Margin % is ranked worse than
94.76% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 39.73 vs NSE:RKDL: 10.96

Ravikumar Distilleries had a gross margin of 9.54% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ravikumar Distilleries was -2.30% per year.


Ravikumar Distilleries Gross Margin % Historical Data

The historical data trend for Ravikumar Distilleries'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.

Ravikumar Distilleries Gross Margin % Chart

Ravikumar Distilleries 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 23.27 22.02 25.30 23.62 17.31

Ravikumar Distilleries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 16.67 11.96 16.45 3.89 9.54

Competitive Comparison of Ravikumar Distilleries's Gross Margin %

For the Beverages - Wineries & Distilleries subindustry, Ravikumar Distilleries'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.


Ravikumar Distilleries's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ravikumar Distilleries's Gross Margin % distribution charts can be found below:

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



Ravikumar Distilleries Gross Margin % Calculation

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

Ravikumar Distilleries'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 )
=50.9 / 293.92
=(Revenue - Cost of Goods Sold) / Revenue
=(293.92 - 243.047) / 293.92
=17.31 %

Ravikumar Distilleries's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4.9 / 51.465
=(Revenue - Cost of Goods Sold) / Revenue
=(51.465 - 46.554) / 51.465
=9.54 %

* 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.


Ravikumar Distilleries  (NSE:RKDL) 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

Ravikumar Distilleries had a gross margin of 9.54% for the quarter that ended in Dec. 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.


Ravikumar Distilleries Gross Margin % Related Terms

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Ravikumar Distilleries (NSE:RKDL) Business Description

Traded in Other Exchanges
Address
2nd Main Road, C-9, C-10, Industrial Estate, Thattanchavady, Puducherry, IND, 605 009
Ravikumar Distilleries Ltd operates in the beverages industry. The company is principally engaged in the manufacturing and trading of liquors. The company's product categories include super-premium, premium, and regular. Its super-premium products comprise Capricorn super-premium whisky, Capricorn super brandy, and 2 barrels Napoleon brandy. Its premium products include 3 coins VSOP brandy, Mr.King brandy, Dupleix fine whisky, and Kada mark brandy. Its Regular products include Konarak grape brandy, Konarak malt whisky, and Chevalier brandy.

Ravikumar Distilleries (NSE:RKDL) Headlines

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