GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tribhovandas Bhimji Zaveri Ltd (NSE:TBZ) » Definitions » Gross Margin %

Tribhovandas Bhimji Zaveri (NSE:TBZ) Gross Margin % : 14.42% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Tribhovandas Bhimji Zaveri Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tribhovandas Bhimji Zaveri's Gross Profit for the three months ended in Mar. 2024 was ₹730 Mil. Tribhovandas Bhimji Zaveri's Revenue for the three months ended in Mar. 2024 was ₹5,065 Mil. Therefore, Tribhovandas Bhimji Zaveri's Gross Margin % for the quarter that ended in Mar. 2024 was 14.42%.

Warning Sign:

Tribhovandas Bhimji Zaveri Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.8%.


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

NSE:TBZ' s Gross Margin % Range Over the Past 10 Years
Min: 12.98   Med: 14.91   Max: 20.03
Current: 14.8


During the past 13 years, the highest Gross Margin % of Tribhovandas Bhimji Zaveri was 20.03%. The lowest was 12.98%. And the median was 14.91%.

NSE:TBZ's Gross Margin % is ranked worse than
85.95% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.67 vs NSE:TBZ: 14.80

Tribhovandas Bhimji Zaveri had a gross margin of 14.42% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tribhovandas Bhimji Zaveri was -7.80% per year.


Tribhovandas Bhimji Zaveri Gross Margin % Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri Gross Margin % Chart

Tribhovandas Bhimji Zaveri Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.46 17.60 12.98 13.06 14.80

Tribhovandas Bhimji Zaveri Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.29 15.38 15.42 14.19 14.42

Competitive Comparison of Tribhovandas Bhimji Zaveri's Gross Margin %

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tribhovandas Bhimji Zaveri's Gross Margin % falls into.



Tribhovandas Bhimji Zaveri Gross Margin % Calculation

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

Tribhovandas Bhimji Zaveri's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=3401.1 / 22987.886
=(Revenue - Cost of Goods Sold) / Revenue
=(22987.886 - 19586.757) / 22987.886
=14.80 %

Tribhovandas Bhimji Zaveri's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=730.3 / 5064.738
=(Revenue - Cost of Goods Sold) / Revenue
=(5064.738 - 4334.39) / 5064.738
=14.42 %

* 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.


Tribhovandas Bhimji Zaveri  (NSE:TBZ) 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

Tribhovandas Bhimji Zaveri had a gross margin of 14.42% for the quarter that ended in Mar. 2024 => 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.


Tribhovandas Bhimji Zaveri Gross Margin % Related Terms

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


Tribhovandas Bhimji Zaveri (NSE:TBZ) Business Description

Traded in Other Exchanges
Address
Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

Tribhovandas Bhimji Zaveri (NSE:TBZ) Headlines

No Headlines