Fenoplast (BOM:526689) Gross Margin %: -74.29% (As of Mar. 2020)

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BOM:526689 Fenoplast Ltd BOM:526689
4 GF Score
Price ₹13.04
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What is Fenoplast Gross Margin %?

Fenoplast BOM:526689 4 Gross Margin % is -74.29% as of Mar. 2020. GuruFocus rates BOM:526689 with a GF Score™ of 4/100.

Gross Margin % is calculated as gross profit divided by its revenue. Fenoplast's Gross Profit for the three months ended in Mar. 2020 was ₹-185 Mil. Fenoplast's Revenue for the three months ended in Mar. 2020 was ₹249 Mil. Therefore, Fenoplast's Gross Margin % for the quarter that ended in Mar. 2020 was -74.29%.


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


BOM:526689's Gross Margin % is not ranked *
in the Chemicals industry.
Industry Median: 23.49
* Ranked among companies with meaningful Gross Margin % only.

Fenoplast had a gross margin of -74.29% for the quarter that ended in Mar. 2020 => No sustainable competitive advantage

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


Fenoplast  (BOM:526689) 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

Fenoplast had a gross margin of -74.29% for the quarter that ended in Mar. 2020 => 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.


Fenoplast Gross Margin % Related Terms


Fenoplast Gross Margin % Historical Data

* Premium members only.

The historical data trend for Fenoplast'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.

Fenoplast Gross Margin % Chart

Fenoplast Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.92 21.77 18.80 21.97 15.27

Fenoplast Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 -9.42 42.15 40.80 40.90 -74.29

BOM:526689 vs LIN, ECL, SHW: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Fenoplast'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.


Fenoplast Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fenoplast's Gross Margin % distribution charts can be found below:

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


BOM:526689
4GF Score
Fenoplast Ltd BOM:526689
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fenoplast Gross Margin % Calculation

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

Fenoplast's Gross Margin for the fiscal year that ended in Mar. 2020 is calculated as

Gross Margin % (A: Mar. 2020 )=Gross Profit (A: Mar. 2020 ) / Revenue (A: Mar. 2020 )
=169.4 / 1109.072
=(Revenue - Cost of Goods Sold) / Revenue
=(1109.072 - 939.674) / 1109.072
=15.27 %

Fenoplast's Gross Margin for the quarter that ended in Mar. 2020 is calculated as


Gross Margin % (Q: Mar. 2020 )=Gross Profit (Q: Mar. 2020 ) / Revenue (Q: Mar. 2020 )
=-185.3 / 249.432
=(Revenue - Cost of Goods Sold) / Revenue
=(249.432 - 434.729) / 249.432
=-74.29 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -74.29% mean?
Fenoplast (BOM:526689) has a Gross Margin % of -74.29% as of Mar. 2020. Gross margin is the ratio of total gross profit to net sales. View historical data on Fenoplast and its competitors.
Is Fenoplast's Gross Margin % too high?
Fenoplast's current Gross Margin % is -74.29%. Overall, Fenoplast has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fenoplast's Gross Margin % compare to LIN and ECL?
Fenoplast's Gross Margin % of -74.29% can be compared against companies in the Chemicals industry. The industry median Gross Margin % is 23.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.49, based on 1,557 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Fenoplast and its competitors. For the Chemicals industry, the median Gross Margin % is 23.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fenoplast's current Gross Margin % is -74.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenoplast stock overvalued right now?
Fenoplast (BOM:526689) has a current Gross Margin % of -74.29%. The current Gross Margin % is -74.29%. Fenoplast's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Fenoplast (BOM:526689), the current Gross Margin % is -74.29% as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fenoplast Business Description

Address 306-308, Chenoy Trade Centre, Parklane, Secunderabad, TG, IND, 500003
Fenoplast Ltd manufactures PVC Film and PVC Leather Cloth. PVC Film is used in the pharma industry for tablets packaging, healthcare products packaging and in the packaging of consumer goods like shaving products, tooth brushes, batteries, tools, and toys, among others. PVC Leather Cloth is used for car upholstery, motor cycle seat covers, auto rickshaw hoods and seats, tractors, trucks, and buses. It is also used for making ladies bags and footwear. The company's segments include PVC Leather Cloth and PVC Film. Majority of the revenue is derived from PVC Film segment. Its operations are spread in India and outside India.
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