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Duncan Engineering (BOM:504908) Gross Margin % : 35.60% (As of Sep. 2024)


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What is Duncan Engineering Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Duncan Engineering's Gross Profit for the three months ended in Sep. 2024 was ₹101.1 Mil. Duncan Engineering's Revenue for the three months ended in Sep. 2024 was ₹284.0 Mil. Therefore, Duncan Engineering's Gross Margin % for the quarter that ended in Sep. 2024 was 35.60%.


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

BOM:504908' s Gross Margin % Range Over the Past 10 Years
Min: 29.73   Med: 39.71   Max: 48.17
Current: 42.75


During the past 13 years, the highest Gross Margin % of Duncan Engineering was 48.17%. The lowest was 29.73%. And the median was 39.71%.

BOM:504908's Gross Margin % is ranked better than
83.91% of 2934 companies
in the Industrial Products industry
Industry Median: 26.76 vs BOM:504908: 42.75

Duncan Engineering had a gross margin of 35.60% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Duncan Engineering was 3.90% per year.


Duncan Engineering Gross Margin % Historical Data

The historical data trend for Duncan Engineering'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.

Duncan Engineering Gross Margin % Chart

Duncan Engineering 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 43.10 41.19 44.19 44.70 48.17

Duncan Engineering 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 48.09 48.41 45.39 47.16 35.60

Competitive Comparison of Duncan Engineering's Gross Margin %

For the Specialty Industrial Machinery subindustry, Duncan Engineering'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.


Duncan Engineering's Gross Margin % Distribution in the Industrial Products Industry

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

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



Duncan Engineering Gross Margin % Calculation

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

Duncan Engineering'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 )
=313.4 / 650.669
=(Revenue - Cost of Goods Sold) / Revenue
=(650.669 - 337.237) / 650.669
=48.17 %

Duncan Engineering'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 )
=101.1 / 284.026
=(Revenue - Cost of Goods Sold) / Revenue
=(284.026 - 182.917) / 284.026
=35.60 %

* 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.


Duncan Engineering  (BOM:504908) 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

Duncan Engineering had a gross margin of 35.60% 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.


Duncan Engineering Gross Margin % Related Terms

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Duncan Engineering Business Description

Traded in Other Exchanges
N/A
Address
F-33, MIDC, Ranjangaon, Koregoan, Shirur, Pune, MH, IND, 412 220
Duncan Engineering Ltd is engaged in the manufacturing and assembling of fluid power and automation products. Its business segment is Fluid power automation, Automotive Tyres Valves and Accessories. The products offered by the group are Hydraulic cylinders, Pneumatic valves. Air cylinders, Rotary Actuator, Limit switch box, Control panels and others. The company has a business presence in India and Outside India. The majority of the revenue is generated from India.

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