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Jaysynth Dyestuff (India) (BOM:506910) Gross Margin % : 32.17% (As of Dec. 2023)


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What is Jaysynth Dyestuff (India) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jaysynth Dyestuff (India)'s Gross Profit for the three months ended in Dec. 2023 was ₹127.1 Mil. Jaysynth Dyestuff (India)'s Revenue for the three months ended in Dec. 2023 was ₹395.1 Mil. Therefore, Jaysynth Dyestuff (India)'s Gross Margin % for the quarter that ended in Dec. 2023 was 32.17%.


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

BOM:506910' s Gross Margin % Range Over the Past 10 Years
Min: 19.32   Med: 22.27   Max: 27.92
Current: 27.92


During the past 13 years, the highest Gross Margin % of Jaysynth Dyestuff (India) was 27.92%. The lowest was 19.32%. And the median was 22.27%.

BOM:506910's Gross Margin % is ranked better than
64.15% of 1509 companies
in the Chemicals industry
Industry Median: 22.25 vs BOM:506910: 27.92

Jaysynth Dyestuff (India) had a gross margin of 32.17% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jaysynth Dyestuff (India) was 0.10% per year.


Jaysynth Dyestuff (India) Gross Margin % Historical Data

The historical data trend for Jaysynth Dyestuff (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.

Jaysynth Dyestuff (India) Gross Margin % Chart

Jaysynth Dyestuff (India) Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.23 20.76 22.40 22.14 22.52

Jaysynth Dyestuff (India) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 26.59 25.14 32.55 23.02 32.17

Competitive Comparison of Jaysynth Dyestuff (India)'s Gross Margin %

For the Specialty Chemicals subindustry, Jaysynth Dyestuff (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.


Jaysynth Dyestuff (India)'s Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jaysynth Dyestuff (India)'s Gross Margin % distribution charts can be found below:

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



Jaysynth Dyestuff (India) Gross Margin % Calculation

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

Jaysynth Dyestuff (India)'s Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )=Gross Profit (A: Mar. 2022 ) / Revenue (A: Mar. 2022 )
=358.1 / 1590.199
=(Revenue - Cost of Goods Sold) / Revenue
=(1590.199 - 1232.118) / 1590.199
=22.52 %

Jaysynth Dyestuff (India)'s Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=127.1 / 395.055
=(Revenue - Cost of Goods Sold) / Revenue
=(395.055 - 267.978) / 395.055
=32.17 %

* 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.


Jaysynth Dyestuff (India)  (BOM:506910) 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

Jaysynth Dyestuff (India) had a gross margin of 32.17% for the quarter that ended in Dec. 2023 => 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.


Jaysynth Dyestuff (India) Gross Margin % Related Terms

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Jaysynth Dyestuff (India) (BOM:506910) Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, 301, Sumer Kendra, Worli, Mumbai, MH, IND, 400018
Jaysynth Dyestuff (India) Ltd is an India based company engaged in the business of manufacturing dyes, pigments, and digital inks. It manufactures dyes, dyes intermediates, organic chemicals, textile auxiliaries, pigments, resins, plasticizers, and emulsions. The product range of dyes, pigments and digital inks is used in the industries such as textile, plastic, paints and coatings, printing inks, leather, and others. The company sells its products in India, and internationally, of which export sales are the key revenue driver for the company.

Jaysynth Dyestuff (India) (BOM:506910) Headlines

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