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Bombay Wire Ropes (BOM:504648) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Bombay Wire Ropes Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bombay Wire Ropes's Gross Profit for the three months ended in Mar. 2024 was ₹-1.42 Mil. Bombay Wire Ropes's Revenue for the three months ended in Mar. 2024 was ₹0.00 Mil. Therefore, Bombay Wire Ropes's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%.


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


During the past 13 years, the highest Gross Margin % of Bombay Wire Ropes was 33.08%. The lowest was 33.08%. And the median was 33.08%.

BOM:504648's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 43.01
* Ranked among companies with meaningful Gross Margin % only.

Bombay Wire Ropes had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bombay Wire Ropes was 0.00% per year.


Bombay Wire Ropes Gross Margin % Historical Data

The historical data trend for Bombay Wire Ropes'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.

Bombay Wire Ropes Gross Margin % Chart

Bombay Wire Ropes Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
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Bombay Wire Ropes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Bombay Wire Ropes's Gross Margin %

For the Shell Companies subindustry, Bombay Wire Ropes'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.


Bombay Wire Ropes's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bombay Wire Ropes's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bombay Wire Ropes's Gross Margin % falls into.



Bombay Wire Ropes Gross Margin % Calculation

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

Bombay Wire Ropes'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 )
=-4.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 4.223) / 0
= %

Bombay Wire Ropes'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 )
=-1.4 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 1.416) / 0
= %

* 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.


Bombay Wire Ropes  (BOM:504648) 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

Bombay Wire Ropes had a gross margin of % for the quarter that ended in Mar. 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.


Bombay Wire Ropes Gross Margin % Related Terms

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


Bombay Wire Ropes (BOM:504648) Business Description

Traded in Other Exchanges
N/A
Address
401/405, Jolly Bhavan No. 1, 4th Floor, 10, New Marine Lines, Mumbai, MH, IND, 400020
Bombay Wire Ropes Ltd has no operations currently.

Bombay Wire Ropes (BOM:504648) Headlines

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