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John Cockerill India (BOM:500147) Gross Margin % : 34.60% (As of Sep. 2024)


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What is John Cockerill India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. John Cockerill India's Gross Profit for the three months ended in Sep. 2024 was ₹263 Mil. John Cockerill India's Revenue for the three months ended in Sep. 2024 was ₹760 Mil. Therefore, John Cockerill India's Gross Margin % for the quarter that ended in Sep. 2024 was 34.60%.

Warning Sign:

John Cockerill India Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.3%.


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

BOM:500147' s Gross Margin % Range Over the Past 10 Years
Min: 17.24   Med: 30.39   Max: 48.65
Current: 17.24


During the past 13 years, the highest Gross Margin % of John Cockerill India was 48.65%. The lowest was 17.24%. And the median was 30.39%.

BOM:500147's Gross Margin % is ranked worse than
75.81% of 2935 companies
in the Industrial Products industry
Industry Median: 26.72 vs BOM:500147: 17.24

John Cockerill India had a gross margin of 34.60% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for John Cockerill India was -9.30% per year.


John Cockerill India Gross Margin % Historical Data

The historical data trend for John Cockerill India'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.

John Cockerill India Gross Margin % Chart

John Cockerill India Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.59 30.19 36.59 28.12 24.90

John Cockerill India Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
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 26.63 27.48 -45.02 41.53 34.60

Competitive Comparison of John Cockerill India's Gross Margin %

For the Metal Fabrication subindustry, John Cockerill India'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.


John Cockerill India's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, John Cockerill India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where John Cockerill India's Gross Margin % falls into.



John Cockerill India Gross Margin % Calculation

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

John Cockerill India's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )=Gross Profit (A: Mar. 2022 ) / Revenue (A: Mar. 2022 )
=927.7 / 3725.163
=(Revenue - Cost of Goods Sold) / Revenue
=(3725.163 - 2797.463) / 3725.163
=24.90 %

John Cockerill India's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=263.1 / 760.368
=(Revenue - Cost of Goods Sold) / Revenue
=(760.368 - 497.261) / 760.368
=34.60 %

* 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.


John Cockerill India  (BOM:500147) 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

John Cockerill India had a gross margin of 34.60% for the quarter that ended in Sep. 2024 => Competition eroding margins


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.


John Cockerill India Gross Margin % Related Terms

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John Cockerill India Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 64, Road No. 13, Mehta House, MIDC, Andheri (East), Mumbai, MH, IND, 400 093
John Cockerill India Ltd is engaged in the metal fabrication business. The firm works in the design, manufacture, erection, and commissioning of cold rolling mill complexes, processing lines, chemical equipment, industrial furnaces, and auxiliary equipment. Continuous Annealing Line generates maximum revenue for the company. The company holds its presence in both the Indian and International markets of which the Indian market accounts for the majority of revenue.

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