GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Videocon Industries Ltd (BOM:511389) » Definitions » Gross Margin %

Videocon Industries (BOM:511389) Gross Margin % : 97.05% (As of Sep. 2022)


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

What is Videocon Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Videocon Industries's Gross Profit for the three months ended in Sep. 2022 was ₹1,845 Mil. Videocon Industries's Revenue for the three months ended in Sep. 2022 was ₹1,901 Mil. Therefore, Videocon Industries's Gross Margin % for the quarter that ended in Sep. 2022 was 97.05%.


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


BOM:511389's Gross Margin % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 28.825
* Ranked among companies with meaningful Gross Margin % only.

Videocon Industries had a gross margin of 97.05% for the quarter that ended in Sep. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Videocon Industries was 0.00% per year.


Videocon Industries Gross Margin % Historical Data

The historical data trend for Videocon Industries'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.

Videocon Industries Gross Margin % Chart

Videocon Industries Annual Data
Trend Sep09 Dec10 Dec11 Dec14 Dec15 Mar17 Mar18 Mar19 Mar21 Mar22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -41.32 -97.09 86.83 94.43

Videocon Industries Quarterly Data
Sep05 Sep06 Sep07 Sep08 Sep09 Dec10 Dec11 Dec15 Mar18 Mar19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 95.00 94.17 95.90 95.42 97.05

Competitive Comparison of Videocon Industries's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Videocon Industries'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.


Videocon Industries's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Videocon Industries's Gross Margin % distribution charts can be found below:

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



Videocon Industries Gross Margin % Calculation

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

Videocon Industries'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 )
=7136.6 / 7557.2
=(Revenue - Cost of Goods Sold) / Revenue
=(7557.2 - 420.62) / 7557.2
=94.43 %

Videocon Industries's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=1844.7 / 1900.78
=(Revenue - Cost of Goods Sold) / Revenue
=(1900.78 - 56.05) / 1900.78
=97.05 %

* 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.


Videocon Industries  (BOM:511389) 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

Videocon Industries had a gross margin of 97.05% for the quarter that ended in Sep. 2022 => 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.


Videocon Industries Gross Margin % Related Terms

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


Videocon Industries (BOM:511389) Business Description

Traded in Other Exchanges
N/A
Address
14 KM Stone, Aurangabad Paithan Road, Village Chittegaon, Taluka Paithan, Aurangabad, MH, IND, 431 105
Videocon Industries is an India-based company that focuses on manufacturing and distributing a variety of consumer electronics and home appliances. The company is principally engaged in three business segments: consumer electronics and home appliances; crude oil and natural gas; and telecommunications. The crude oil and natural gas segment generates the most revenue for the company through extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances, and this business contributes the second-largest portion of the company's total revenue.

Videocon Industries (BOM:511389) Headlines

No Headlines