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Nitta Gelatin India (BOM:506532) Gross Margin % : 52.83% (As of Jun. 2024)


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What is Nitta Gelatin India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nitta Gelatin India's Gross Profit for the three months ended in Jun. 2024 was ₹711 Mil. Nitta Gelatin India's Revenue for the three months ended in Jun. 2024 was ₹1,346 Mil. Therefore, Nitta Gelatin India's Gross Margin % for the quarter that ended in Jun. 2024 was 52.83%.


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

BOM:506532' s Gross Margin % Range Over the Past 10 Years
Min: 41.67   Med: 45.1   Max: 57.54
Current: 54.68


During the past 13 years, the highest Gross Margin % of Nitta Gelatin India was 57.54%. The lowest was 41.67%. And the median was 45.10%.

BOM:506532's Gross Margin % is ranked better than
94.99% of 1518 companies
in the Chemicals industry
Industry Median: 21.955 vs BOM:506532: 54.68

Nitta Gelatin India had a gross margin of 52.83% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nitta Gelatin India was 1.80% per year.


Nitta Gelatin India Gross Margin % Historical Data

The historical data trend for Nitta Gelatin 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.

Nitta Gelatin India Gross Margin % Chart

Nitta Gelatin 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 49.61 44.06 41.67 52.31 57.54

Nitta Gelatin India Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 64.65 54.68 57.51 53.65 52.83

Competitive Comparison of Nitta Gelatin India's Gross Margin %

For the Specialty Chemicals subindustry, Nitta Gelatin 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.


Nitta Gelatin India's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitta Gelatin India's Gross Margin % distribution charts can be found below:

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



Nitta Gelatin India Gross Margin % Calculation

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

Nitta Gelatin 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 )
=3065.6 / 5327.33
=(Revenue - Cost of Goods Sold) / Revenue
=(5327.33 - 2261.766) / 5327.33
=57.54 %

Nitta Gelatin India's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=711.1 / 1346.121
=(Revenue - Cost of Goods Sold) / Revenue
=(1346.121 - 634.98) / 1346.121
=52.83 %

* 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.


Nitta Gelatin India  (BOM:506532) 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

Nitta Gelatin India had a gross margin of 52.83% for the quarter that ended in Jun. 2024 => Durable 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.


Nitta Gelatin India Gross Margin % Related Terms

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Nitta Gelatin India Business Description

Traded in Other Exchanges
N/A
Address
56/715, SBT Avenue, Post Box No. 4262, Panampilly Nagar, Kochi, KL, IND, 682 036
Nitta Gelatin India Ltd is an India-based manufacturer and seller of Gelatin, Di-Calcium Phosphate, Ossein and Collagen peptides. The company's product range includes Gelatin for pharmaceuticals and food applications, Wellnex collagen peptides for joint health and skin beauty, Di-Calcium Phosphate as a poultry feed ingredient, NutriGold as an agricultural growth promoter, and Ossein and Chitosan for agricultural and industrial applications. Geographically, the company sells its products in India and other countries.

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