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Medicamen Biotech (BOM:531146) Gross Margin % : 46.28% (As of Dec. 2023)


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What is Medicamen Biotech Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Medicamen Biotech's Gross Profit for the three months ended in Dec. 2023 was ₹215 Mil. Medicamen Biotech's Revenue for the three months ended in Dec. 2023 was ₹465 Mil. Therefore, Medicamen Biotech's Gross Margin % for the quarter that ended in Dec. 2023 was 46.28%.


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

BOM:531146' s Gross Margin % Range Over the Past 10 Years
Min: 25.14   Med: 28.64   Max: 54.65
Current: 46.88


During the past 13 years, the highest Gross Margin % of Medicamen Biotech was 54.65%. The lowest was 25.14%. And the median was 28.64%.

BOM:531146's Gross Margin % is ranked better than
50.71% of 990 companies
in the Drug Manufacturers industry
Industry Median: 46.705 vs BOM:531146: 46.88

Medicamen Biotech had a gross margin of 46.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Medicamen Biotech was 15.00% per year.


Medicamen Biotech Gross Margin % Historical Data

The historical data trend for Medicamen Biotech'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.

Medicamen Biotech Gross Margin % Chart

Medicamen Biotech 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 25.62 27.92 29.74 54.65 48.82

Medicamen Biotech 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 52.28 44.01 50.25 46.83 46.28

Competitive Comparison of Medicamen Biotech's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Medicamen Biotech'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.


Medicamen Biotech's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Medicamen Biotech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Medicamen Biotech's Gross Margin % falls into.



Medicamen Biotech Gross Margin % Calculation

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

Medicamen Biotech'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 )
=687.7 / 1408.674
=(Revenue - Cost of Goods Sold) / Revenue
=(1408.674 - 720.934) / 1408.674
=48.82 %

Medicamen Biotech'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 )
=215.2 / 465.022
=(Revenue - Cost of Goods Sold) / Revenue
=(465.022 - 249.826) / 465.022
=46.28 %

* 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.


Medicamen Biotech  (BOM:531146) 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

Medicamen Biotech had a gross margin of 46.28% for the quarter that ended in Dec. 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.


Medicamen Biotech Gross Margin % Related Terms

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Medicamen Biotech (BOM:531146) Business Description

Traded in Other Exchanges
Address
1506, Chiranjiv Tower, 43, Nehru Place, New Delhi, IND, 110019
Medicamen Biotech Ltd is an Indian based pharmaceutical company. The company is engaged in developing and manufacturing Pharmaceuticals formulations products. It manufactures Tablets, Capsules, Oral liquids, Dry syrups, Ointments, and Oral rehydration solution. The company generates revenue from the sale of pharmaceutical products.

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