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Automotive Stampings & Assemblies (BOM:520119) Gross Margin % : 26.65% (As of Sep. 2024)


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What is Automotive Stampings & Assemblies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Automotive Stampings & Assemblies's Gross Profit for the three months ended in Sep. 2024 was ₹525 Mil. Automotive Stampings & Assemblies's Revenue for the three months ended in Sep. 2024 was ₹1,971 Mil. Therefore, Automotive Stampings & Assemblies's Gross Margin % for the quarter that ended in Sep. 2024 was 26.65%.

Warning Sign:

Automotive Stampings & Assemblies Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


The historical rank and industry rank for Automotive Stampings & Assemblies's Gross Margin % or its related term are showing as below:

BOM:520119' s Gross Margin % Range Over the Past 10 Years
Min: 18.36   Med: 21.71   Max: 26.65
Current: 23.23


During the past 13 years, the highest Gross Margin % of Automotive Stampings & Assemblies was 26.65%. The lowest was 18.36%. And the median was 21.71%.

BOM:520119's Gross Margin % is ranked better than
61.06% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 20.04 vs BOM:520119: 23.23

Automotive Stampings & Assemblies had a gross margin of 26.65% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Automotive Stampings & Assemblies was -3.30% per year.


Automotive Stampings & Assemblies Gross Margin % Historical Data

The historical data trend for Automotive Stampings & Assemblies'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.

Automotive Stampings & Assemblies Gross Margin % Chart

Automotive Stampings & Assemblies 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 21.99 22.41 18.36 18.60 21.42

Automotive Stampings & Assemblies 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 22.87 23.31 18.28 25.62 26.65

Competitive Comparison of Automotive Stampings & Assemblies's Gross Margin %

For the Auto Parts subindustry, Automotive Stampings & Assemblies'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.


Automotive Stampings & Assemblies's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Automotive Stampings & Assemblies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Automotive Stampings & Assemblies's Gross Margin % falls into.



Automotive Stampings & Assemblies Gross Margin % Calculation

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

Automotive Stampings & Assemblies'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 )
=1885.3 / 8803.269
=(Revenue - Cost of Goods Sold) / Revenue
=(8803.269 - 6917.998) / 8803.269
=21.42 %

Automotive Stampings & Assemblies'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 )
=525.2 / 1971.078
=(Revenue - Cost of Goods Sold) / Revenue
=(1971.078 - 1445.876) / 1971.078
=26.65 %

* 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.


Automotive Stampings & Assemblies  (BOM:520119) 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

Automotive Stampings & Assemblies had a gross margin of 26.65% for the quarter that ended in Sep. 2024 => 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.


Automotive Stampings & Assemblies Gross Margin % Related Terms

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Automotive Stampings & Assemblies Business Description

Traded in Other Exchanges
Address
TACO House, Off Law College Road, Plot No- 20/B FPN085, V.G. Damle Path, Erandwane, Pune, MH, IND, 411004
Automotive Stampings & Assemblies Ltd a TACO group company manufactures and supplies sheet metal components, welded assemblies, and modules for automobiles. The company operates only in the Automobile Component Segment in the Domestic Market. geographical the majority of its revenue comes from Components.

Automotive Stampings & Assemblies Headlines

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