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Tai Industries (BOM:519483) Gross Margin % : 7.58% (As of Sep. 2024)


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What is Tai Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tai Industries's Gross Profit for the three months ended in Sep. 2024 was ₹51 Mil. Tai Industries's Revenue for the three months ended in Sep. 2024 was ₹667 Mil. Therefore, Tai Industries's Gross Margin % for the quarter that ended in Sep. 2024 was 7.58%.

Warning Sign:

Tai Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.6%.


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

BOM:519483' s Gross Margin % Range Over the Past 10 Years
Min: 4.01   Med: 11.61   Max: 19.67
Current: 7.68


During the past 13 years, the highest Gross Margin % of Tai Industries was 19.67%. The lowest was 4.01%. And the median was 11.61%.

BOM:519483's Gross Margin % is ranked worse than
76.52% of 690 companies
in the Metals & Mining industry
Industry Median: 20.41 vs BOM:519483: 7.68

Tai Industries had a gross margin of 7.58% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tai Industries was -7.60% per year.


Tai Industries Gross Margin % Historical Data

The historical data trend for Tai 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.

Tai Industries Gross Margin % Chart

Tai Industries 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 8.86 4.01 4.91 6.95 9.05

Tai Industries 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 25.84 15.79 -3.44 8.87 7.58

Competitive Comparison of Tai Industries's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Tai 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.


Tai Industries's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tai Industries's Gross Margin % distribution charts can be found below:

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



Tai Industries Gross Margin % Calculation

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

Tai Industries'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 )
=128.3 / 1418.089
=(Revenue - Cost of Goods Sold) / Revenue
=(1418.089 - 1289.746) / 1418.089
=9.05 %

Tai Industries'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 )
=50.6 / 667.401
=(Revenue - Cost of Goods Sold) / Revenue
=(667.401 - 616.823) / 667.401
=7.58 %

* 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.


Tai Industries  (BOM:519483) 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

Tai Industries had a gross margin of 7.58% for the quarter that ended in Sep. 2024 => No sustainable 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.


Tai Industries Gross Margin % Related Terms

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


Tai Industries Business Description

Traded in Other Exchanges
N/A
Address
53A, Mirza Ghalib Street, 3rd Floor, Kolkata, WB, IND, 700 016
Tai Industries Ltd is an India-based trading organization. It is involved in the marketing and distribution, in India, of DRUK brand of fruit products such as Squashes, Jams, Fruit juices, Pickles, and Sauces. In addition, it is also engaged in trading and marketing of industrial and mineral products and raw materials such as Calcium carbide, Charcoal, Manganese ore, and Others. The company generates the majority of its revenue from the sale of Ferro Silicon, followed by Fruit Products, and Charcoal.

Tai Industries Headlines

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