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G.S. Auto International (BOM:513059) Gross Margin % : 49.80% (As of Dec. 2023)


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What is G.S. Auto International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. G.S. Auto International's Gross Profit for the three months ended in Dec. 2023 was ₹194 Mil. G.S. Auto International's Revenue for the three months ended in Dec. 2023 was ₹390 Mil. Therefore, G.S. Auto International's Gross Margin % for the quarter that ended in Dec. 2023 was 49.80%.

Warning Sign:

G.S. Auto International Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


The historical rank and industry rank for G.S. Auto International's Gross Margin % or its related term are showing as below:

BOM:513059' s Gross Margin % Range Over the Past 10 Years
Min: 36.41   Med: 47.3   Max: 50.76
Current: 38.99


During the past 13 years, the highest Gross Margin % of G.S. Auto International was 50.76%. The lowest was 36.41%. And the median was 47.30%.

BOM:513059's Gross Margin % is ranked better than
87.75% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 19.67 vs BOM:513059: 38.99

G.S. Auto International had a gross margin of 49.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for G.S. Auto International was -2.50% per year.


G.S. Auto International Gross Margin % Historical Data

The historical data trend for G.S. Auto International'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.

G.S. Auto International Gross Margin % Chart

G.S. Auto International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.40 49.37 49.09 44.32 36.41

G.S. Auto International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 48.80 6.17 50.51 50.17 49.80

Competitive Comparison of G.S. Auto International's Gross Margin %

For the Auto Parts subindustry, G.S. Auto International'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.


G.S. Auto International's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, G.S. Auto International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where G.S. Auto International's Gross Margin % falls into.



G.S. Auto International Gross Margin % Calculation

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

G.S. Auto International's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=471.7 / 1295.571
=(Revenue - Cost of Goods Sold) / Revenue
=(1295.571 - 823.853) / 1295.571
=36.41 %

G.S. Auto International'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 )
=194.3 / 390.072
=(Revenue - Cost of Goods Sold) / Revenue
=(390.072 - 195.822) / 390.072
=49.80 %

* 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.


G.S. Auto International  (BOM:513059) 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

G.S. Auto International had a gross margin of 49.80% for the quarter that ended in Dec. 2023 => 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.


G.S. Auto International Gross Margin % Related Terms

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


G.S. Auto International (BOM:513059) Business Description

Traded in Other Exchanges
N/A
Address
G.T. Road, G.S. Estate, Near Dhandari Kalan, Ludhiana, PB, IND, 14101
G.S. Auto International Ltd is a manufacturer of automobile parts. The company is engaged in the production of automotive suspensions and fastening components for Indian & International markets, utility vehicles, commercial vehicles, multi-axle vehicles, trailers, and special-purpose vehicles. It operates in three segments: Original equipment manufacturers, After-sales market, and Export market. The company's product portfolio is categorized into Machined Parts, Forged Parts, Non-Ferrous Cast Components, Ductile Iron Cast Components, Trailer Parts, Clutch Assemblies, and Disc Assemblies & its Components.

G.S. Auto International (BOM:513059) Headlines

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