Balkrishna Industries (NSE:BALKRISIND) COGS-to-Revenue : 0.47 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Balkrishna Industries COGS-to-Revenue?

Balkrishna Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹12,555 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹26,819 Mil.

Balkrishna Industries's COGS to Revenue for the three months ended in Mar. 2024 was 0.47.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Balkrishna Industries's Gross Margin % for the three months ended in Mar. 2024 was 53.19%.

Balkrishna Industries COGS-to-Revenue Historical Data

The historical data trend for Balkrishna Industries's COGS-to-Revenue 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.

Balkrishna Industries COGS-to-Revenue Chart

Balkrishna Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

Get a 7-Day Free Trial

0.52

0.47

0.52

0.50

0.48

Balkrishna Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.51	0.48	0.49	0.48	0.47

Balkrishna Industries COGS-to-Revenue Calculation

Balkrishna Industries's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	44914.2	/	93688.7
	=	0.48

Balkrishna Industries's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12554.7	/	26819.2
	=	0.47

Balkrishna Industries (NSE:BALKRISIND) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Balkrishna Industries's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	12554.7 / 26819.2
	=	53.19 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Balkrishna Industries COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Balkrishna Industries's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Balkrishna Industries (NSE:BALKRISIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkrishna Industries Ltd (NSE:BALKRISIND) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

502355:India

Address

Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.bkt-tires.com

Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly owned subsidiaries located in both Europe and North America.

Balkrishna Industries (NSE:BALKRISIND) Headlines

No Headlines