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Kemistar (BOM:531163) Gross Margin % : 36.59% (As of Dec. 2023)


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What is Kemistar Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kemistar's Gross Profit for the three months ended in Dec. 2023 was ₹6.3 Mil. Kemistar's Revenue for the three months ended in Dec. 2023 was ₹17.2 Mil. Therefore, Kemistar's Gross Margin % for the quarter that ended in Dec. 2023 was 36.59%.


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

BOM:531163' s Gross Margin % Range Over the Past 10 Years
Min: 7.8   Med: 24.28   Max: 45.72
Current: 33.25


During the past 13 years, the highest Gross Margin % of Kemistar was 45.72%. The lowest was 7.80%. And the median was 24.28%.

BOM:531163's Gross Margin % is ranked better than
73.92% of 1507 companies
in the Chemicals industry
Industry Median: 22.25 vs BOM:531163: 33.25

Kemistar had a gross margin of 36.59% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kemistar was 20.10% per year.


Kemistar Gross Margin % Historical Data

The historical data trend for Kemistar'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.

Kemistar Gross Margin % Chart

Kemistar Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.28 13.65 16.78 16.78 29.28

Kemistar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.26 33.28 39.01 27.44 36.59

Competitive Comparison of Kemistar's Gross Margin %

For the Specialty Chemicals subindustry, Kemistar'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.


Kemistar's Gross Margin % Distribution in the Chemicals Industry

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

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



Kemistar Gross Margin % Calculation

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

Kemistar's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=53.2 / 181.702
=(Revenue - Cost of Goods Sold) / Revenue
=(181.702 - 128.494) / 181.702
=29.28 %

Kemistar's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=6.3 / 17.16
=(Revenue - Cost of Goods Sold) / Revenue
=(17.16 - 10.881) / 17.16
=36.59 %

* 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.


Kemistar  (BOM:531163) 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

Kemistar had a gross margin of 36.59% for the quarter that ended in Dec. 2023 => 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.


Kemistar Gross Margin % Related Terms

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


Kemistar (BOM:531163) Business Description

Traded in Other Exchanges
N/A
Address
Near Jodhpur Cross Road, 604, Manas Complex, Satellite, Ahmedabad, GJ, IND, 380015
Kemistar Corp Ltd is an Indian firm engaged in the business of Chemicals. It operates in a single segment that deals with various products of chemical and allied products. The company's products include Pigment Applications used in the manufacture of paints, printing ink, textile, plastic, rubber, crayons, leather, ceramic, and cement. Business facilities are located in (Dahej, Gujarat) India. The firm generates substantial revenue from the sale of chemical products.

Kemistar (BOM:531163) Headlines

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