GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SJ Corp Ltd (BOM:504398) » Definitions » Gross Margin %

SJ (BOM:504398) Gross Margin % : 3.04% (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is SJ Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SJ's Gross Profit for the three months ended in Sep. 2024 was ₹1.37 Mil. SJ's Revenue for the three months ended in Sep. 2024 was ₹45.14 Mil. Therefore, SJ's Gross Margin % for the quarter that ended in Sep. 2024 was 3.04%.


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

BOM:504398' s Gross Margin % Range Over the Past 10 Years
Min: 0.49   Med: 3.84   Max: 8.4
Current: 3.06


During the past 13 years, the highest Gross Margin % of SJ was 8.40%. The lowest was 0.49%. And the median was 3.84%.

BOM:504398's Gross Margin % is ranked worse than
97.44% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.85 vs BOM:504398: 3.06

SJ had a gross margin of 3.04% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SJ was 0.80% per year.


SJ Gross Margin % Historical Data

The historical data trend for SJ'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.

SJ Gross Margin % Chart

SJ 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 4.00 8.40 3.67 6.22 4.10

SJ Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 6.18 48.04 -0.40 5.46 3.04

Competitive Comparison of SJ's Gross Margin %

For the Luxury Goods subindustry, SJ'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.


SJ's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SJ's Gross Margin % distribution charts can be found below:

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



SJ Gross Margin % Calculation

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

SJ'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 )
=6.4 / 155.48
=(Revenue - Cost of Goods Sold) / Revenue
=(155.48 - 149.109) / 155.48
=4.10 %

SJ'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 )
=1.4 / 45.135
=(Revenue - Cost of Goods Sold) / Revenue
=(45.135 - 43.761) / 45.135
=3.04 %

* 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.


SJ  (BOM:504398) 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

SJ had a gross margin of 3.04% for the quarter that ended in Sep. 2024 => No sustainable 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.


SJ Gross Margin % Related Terms

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


SJ Business Description

Traded in Other Exchanges
N/A
Address
Manchubai Road, Fatimadevi School Lane, 201 Shyam Bungalow, Plot No 199/200, Pushpa Colony, Malad (East), Mumbai, MH, IND, 400097
SJ Corp Ltd is engaged in the jewellery business. The company generates its maximum revenue through Jewellery Studded with Gems. The company has identified two business segments which are in Diamond studded jewellery and Polished diamonds and in Real Estate and development of property. The company's business consists of three main activities which include sourcing of polished diamonds, manufacturing of diamond-studded jewellery and exporting diamond-studded jewellery.

SJ Headlines

No Headlines