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Galaxy Bearings (BOM:526073) Gross Margin % : 82.00% (As of Dec. 2024)


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What is Galaxy Bearings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Galaxy Bearings's Gross Profit for the three months ended in Dec. 2024 was ₹128 Mil. Galaxy Bearings's Revenue for the three months ended in Dec. 2024 was ₹156 Mil. Therefore, Galaxy Bearings's Gross Margin % for the quarter that ended in Dec. 2024 was 82.00%.


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

BOM:526073' s Gross Margin % Range Over the Past 10 Years
Min: 39.78   Med: 41.58   Max: 46.02
Current: 42.63


During the past 13 years, the highest Gross Margin % of Galaxy Bearings was 46.02%. The lowest was 39.78%. And the median was 41.58%.

BOM:526073's Gross Margin % is ranked better than
83.59% of 2950 companies
in the Industrial Products industry
Industry Median: 26.805 vs BOM:526073: 42.63

Galaxy Bearings had a gross margin of 82.00% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Galaxy Bearings was -0.60% per year.


Galaxy Bearings Gross Margin % Historical Data

The historical data trend for Galaxy Bearings'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.

Galaxy Bearings Gross Margin % Chart

Galaxy Bearings 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 46.02 42.72 41.58 40.52 41.58

Galaxy Bearings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 68.83 8.19 61.57 47.94 82.00

Competitive Comparison of Galaxy Bearings's Gross Margin %

For the Metal Fabrication subindustry, Galaxy Bearings'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.


Galaxy Bearings's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Galaxy Bearings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Galaxy Bearings's Gross Margin % falls into.


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Galaxy Bearings Gross Margin % Calculation

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

Galaxy Bearings'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 )
=515.6 / 1240.057
=(Revenue - Cost of Goods Sold) / Revenue
=(1240.057 - 724.409) / 1240.057
=41.58 %

Galaxy Bearings's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=127.7 / 155.771
=(Revenue - Cost of Goods Sold) / Revenue
=(155.771 - 28.031) / 155.771
=82.00 %

* 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.


Galaxy Bearings  (BOM:526073) 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

Galaxy Bearings had a gross margin of 82.00% for the quarter that ended in Dec. 2024 => 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.


Galaxy Bearings Gross Margin % Related Terms

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


Galaxy Bearings Business Description

Traded in Other Exchanges
N/A
Address
C.G. Road, Ellisbridge, A-53/54, 5th Floor, Pariseema Complex, Ahmedabad, GJ, IND, 380006
Galaxy Bearings Ltd is engaged in manufacturing of bearings. It operates in a single segment, namely in ball and roller bearings. The company's product offering includes Tapered Roller Bearings, Cylindrical Roller Bearings and Wheel Hub Bearings.

Galaxy Bearings Headlines

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