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Ion Exchange (India) (BOM:500214) Gross Margin % : 33.38% (As of Mar. 2024)


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What is Ion Exchange (India) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ion Exchange (India)'s Gross Profit for the six months ended in Mar. 2024 was ₹2,576 Mil. Ion Exchange (India)'s Revenue for the six months ended in Mar. 2024 was ₹7,718 Mil. Therefore, Ion Exchange (India)'s Gross Margin % for the quarter that ended in Mar. 2024 was 33.38%.


The historical rank and industry rank for Ion Exchange (India)'s Gross Margin % or its related term are showing as below:

BOM:500214' s Gross Margin % Range Over the Past 10 Years
Min: 33.38   Med: 35.92   Max: 39.52
Current: 33.38


During the past 13 years, the highest Gross Margin % of Ion Exchange (India) was 39.52%. The lowest was 33.38%. And the median was 35.92%.

BOM:500214's Gross Margin % is ranked better than
67.43% of 2935 companies
in the Industrial Products industry
Industry Median: 26.72 vs BOM:500214: 33.38

Ion Exchange (India) had a gross margin of 33.38% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ion Exchange (India) was 1.10% per year.


Ion Exchange (India) Gross Margin % Historical Data

The historical data trend for Ion Exchange (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.

Ion Exchange (India) Gross Margin % Chart

Ion Exchange (India) 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 33.72 38.29 39.52 37.16 37.30

Ion Exchange (India) Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 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 35.44 42.27 40.91 36.09 33.38

Competitive Comparison of Ion Exchange (India)'s Gross Margin %

For the Pollution & Treatment Controls subindustry, Ion Exchange (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.


Ion Exchange (India)'s Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ion Exchange (India)'s Gross Margin % falls into.



Ion Exchange (India) Gross Margin % Calculation

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

Ion Exchange (India)'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 )
=8721.2 / 23378.702
=(Revenue - Cost of Goods Sold) / Revenue
=(23378.702 - 14657.511) / 23378.702
=37.30 %

Ion Exchange (India)'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 )
=2576.1 / 7718.302
=(Revenue - Cost of Goods Sold) / Revenue
=(7718.302 - 5142.211) / 7718.302
=33.38 %

* 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.


Ion Exchange (India)  (BOM:500214) 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

Ion Exchange (India) had a gross margin of 33.38% for the quarter that ended in Mar. 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.


Ion Exchange (India) Gross Margin % Related Terms

Thank you for viewing the detailed overview of Ion Exchange (India)'s Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ion Exchange (India) Business Description

Traded in Other Exchanges
Address
Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd offers a wide range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water, seawater desalination, etc. It also engaged in manufacturing resins, and specialty chemicals for water and wastewater treatment as well as non-water applications. It operates its business through the Engineering segment, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. It caters to both domestic and international markets.

Ion Exchange (India) Headlines

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