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Dhoot Industrial Finance (BOM:526971) Gross Margin % : -2.36% (As of Mar. 2024)


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What is Dhoot Industrial Finance Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dhoot Industrial Finance's Gross Profit for the three months ended in Mar. 2024 was ₹-4.7 Mil. Dhoot Industrial Finance's Revenue for the three months ended in Mar. 2024 was ₹199.5 Mil. Therefore, Dhoot Industrial Finance's Gross Margin % for the quarter that ended in Mar. 2024 was -2.36%.

Warning Sign:

Dhoot Industrial Finance Ltd gross margin has been in long-term decline. The average rate of decline per year is -39.2%.


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

BOM:526971' s Gross Margin % Range Over the Past 10 Years
Min: 1.12   Med: 10.6   Max: 15.42
Current: 1.12


During the past 13 years, the highest Gross Margin % of Dhoot Industrial Finance was 15.42%. The lowest was 1.12%. And the median was 10.60%.

BOM:526971's Gross Margin % is ranked worse than
96.08% of 1507 companies
in the Chemicals industry
Industry Median: 22.7 vs BOM:526971: 1.12

Dhoot Industrial Finance had a gross margin of -2.36% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dhoot Industrial Finance was -39.20% per year.


Dhoot Industrial Finance Gross Margin % Historical Data

The historical data trend for Dhoot Industrial Finance'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.

Dhoot Industrial Finance Gross Margin % Chart

Dhoot Industrial Finance 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 14.24 15.42 6.12 2.81 1.12

Dhoot Industrial Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.13 6.18 5.07 7.14 -2.36

Competitive Comparison of Dhoot Industrial Finance's Gross Margin %

For the Chemicals subindustry, Dhoot Industrial Finance'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.


Dhoot Industrial Finance's Gross Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Dhoot Industrial Finance's Gross Margin % falls into.



Dhoot Industrial Finance Gross Margin % Calculation

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

Dhoot Industrial Finance'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 )
=3.7 / 325.784
=(Revenue - Cost of Goods Sold) / Revenue
=(325.784 - 322.13) / 325.784
=1.12 %

Dhoot Industrial Finance's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-4.7 / 199.518
=(Revenue - Cost of Goods Sold) / Revenue
=(199.518 - 204.228) / 199.518
=-2.36 %

* 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.


Dhoot Industrial Finance  (BOM:526971) 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

Dhoot Industrial Finance had a gross margin of -2.36% for the quarter that ended in Mar. 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.


Dhoot Industrial Finance Gross Margin % Related Terms

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Dhoot Industrial Finance (BOM:526971) Business Description

Traded in Other Exchanges
N/A
Address
1209, Raheja Centre, 214, Nariman Point, Mumbai, MH, IND, 400 021
Dhoot Industrial Finance Ltd is engaged in the trading activities of goods and share stocks and power generation. Its operating segment includes Trading, Power Generation, and Others. Trading segments include all trading activities of Chemicals, Electronics, and Paper. The company generates maximum revenue from the Trading segment. Some of its products include Copper Tubes, Zinc Rods, Copper Rods, Carbon Di Sulphide, Compressed Hydrogen Gas, Chloro Sulphonic Acid, Caustic Soda Lye, and others. Geographically the activities of the company are carried out through India.

Dhoot Industrial Finance (BOM:526971) Headlines

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