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Aditya Birla Fashion and Retail (NSE:ABFRL) Gross Margin % : 56.50% (As of Dec. 2023)


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What is Aditya Birla Fashion and Retail Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aditya Birla Fashion and Retail's Gross Profit for the three months ended in Dec. 2023 was ₹23,541 Mil. Aditya Birla Fashion and Retail's Revenue for the three months ended in Dec. 2023 was ₹41,667 Mil. Therefore, Aditya Birla Fashion and Retail's Gross Margin % for the quarter that ended in Dec. 2023 was 56.50%.


The historical rank and industry rank for Aditya Birla Fashion and Retail's Gross Margin % or its related term are showing as below:

NSE:ABFRL' s Gross Margin % Range Over the Past 10 Years
Min: 41.15   Med: 51.7   Max: 54.82
Current: 54.75


During the past 12 years, the highest Gross Margin % of Aditya Birla Fashion and Retail was 54.82%. The lowest was 41.15%. And the median was 51.70%.

NSE:ABFRL's Gross Margin % is ranked better than
85.35% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.33 vs NSE:ABFRL: 54.75

Aditya Birla Fashion and Retail had a gross margin of 56.50% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aditya Birla Fashion and Retail was 1.20% per year.


Aditya Birla Fashion and Retail Gross Margin % Historical Data

The historical data trend for Aditya Birla Fashion and Retail'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.

Aditya Birla Fashion and Retail Gross Margin % Chart

Aditya Birla Fashion and Retail 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 50.70 51.27 50.46 53.74 54.82

Aditya Birla Fashion and Retail 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 54.63 53.73 54.76 53.39 56.50

Competitive Comparison of Aditya Birla Fashion and Retail's Gross Margin %

For the Apparel Manufacturing subindustry, Aditya Birla Fashion and Retail'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.


Aditya Birla Fashion and Retail's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aditya Birla Fashion and Retail's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aditya Birla Fashion and Retail's Gross Margin % falls into.



Aditya Birla Fashion and Retail Gross Margin % Calculation

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

Aditya Birla Fashion and Retail'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 )
=67776.6 / 123628.7
=(Revenue - Cost of Goods Sold) / Revenue
=(123628.7 - 55852.1) / 123628.7
=54.82 %

Aditya Birla Fashion and Retail'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 )
=23540.5 / 41667.1
=(Revenue - Cost of Goods Sold) / Revenue
=(41667.1 - 18126.6) / 41667.1
=56.50 %

* 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.


Aditya Birla Fashion and Retail  (NSE:ABFRL) 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

Aditya Birla Fashion and Retail had a gross margin of 56.50% 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.


Aditya Birla Fashion and Retail Gross Margin % Related Terms

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Aditya Birla Fashion and Retail (NSE:ABFRL) Business Description

Traded in Other Exchanges
Address
Unit No. 401, 403, 501, 502, L.B.S. Road, Building A, 4th and 5th Floor, Piramal Agastya Corporate Park, Kurla, Mumbai, MH, IND, 400 070
Aditya Birla Fashion and Retail Ltd manufactures and retails branded apparel and runs a chain of apparels and accessories retail stores in India. It offers Clothing products, Handbags, Cosmetics, Perfumes, Fashion, Jewellery and Watches, among other products. The company's key brands include Louis Philippe, Van Heusen, Allen Solly and Peter England. The operating segments of the group are Madura Fashion and Lifestyle which involves manufacturing, distribution, and retailing of branded fashion apparel and accessories; and Pantaloons which involves retailing of apparel and accessories. It derives key revenue from the Madura Fashion and Lifestyle segment. Geographically, the group has a business presence in India and Outside India, from which it generates a majority of its revenue in India.

Aditya Birla Fashion and Retail (NSE:ABFRL) Headlines

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