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Orosil Smiths India (BOM:531626) Gross Margin % : 88.02% (As of Sep. 2024)


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What is Orosil Smiths India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Orosil Smiths India's Gross Profit for the three months ended in Sep. 2024 was ₹0.49 Mil. Orosil Smiths India's Revenue for the three months ended in Sep. 2024 was ₹0.55 Mil. Therefore, Orosil Smiths India's Gross Margin % for the quarter that ended in Sep. 2024 was 88.02%.


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

BOM:531626' s Gross Margin % Range Over the Past 10 Years
Min: 11.31   Med: 18.67   Max: 59.09
Current: 59.09


During the past 13 years, the highest Gross Margin % of Orosil Smiths India was 59.09%. The lowest was 11.31%. And the median was 18.67%.

BOM:531626's Gross Margin % is ranked better than
83.77% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 36.89 vs BOM:531626: 59.09

Orosil Smiths India had a gross margin of 88.02% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Orosil Smiths India was 24.50% per year.


Orosil Smiths India Gross Margin % Historical Data

The historical data trend for Orosil Smiths India'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.

Orosil Smiths India Gross Margin % Chart

Orosil Smiths India 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 21.71 42.22 20.50 33.50 46.78

Orosil Smiths India 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 33.81 52.88 61.96 42.73 88.02

Competitive Comparison of Orosil Smiths India's Gross Margin %

For the Luxury Goods subindustry, Orosil Smiths India'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.


Orosil Smiths India's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Orosil Smiths India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Orosil Smiths India's Gross Margin % falls into.



Orosil Smiths India Gross Margin % Calculation

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

Orosil Smiths India'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 )
=2.4 / 5.049
=(Revenue - Cost of Goods Sold) / Revenue
=(5.049 - 2.687) / 5.049
=46.78 %

Orosil Smiths India'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 )
=0.5 / 0.551
=(Revenue - Cost of Goods Sold) / Revenue
=(0.551 - 0.066) / 0.551
=88.02 %

* 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.


Orosil Smiths India  (BOM:531626) 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

Orosil Smiths India had a gross margin of 88.02% for the quarter that ended in Sep. 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.


Orosil Smiths India Gross Margin % Related Terms

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Orosil Smiths India Business Description

Traded in Other Exchanges
N/A
Address
A-89, Sector-2, Noida, UP, IND, 201301
Orosil Smiths India Ltd is engaged in operating in the Gems and Jewellery sector. Principally, it is engaged in the manufacturing and sale of silver jewelry, gems, and gold jewelry as well as plain and trading of silver articles. The company's brand includes Kuhjohl and Sincere for semiprecious. It offers jewelry in various categories, such as rings, earrings, pendants, anklets, bracelets, bangles, chains, necklaces, and pendant sets.

Orosil Smiths India Headlines

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