Morarjee Textiles (BOM:532621) Gross Margin %: 0.77% (As of Dec. 2023)

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BOM:532621 Morarjee Textiles Ltd BOM:532621
4 GF Score
Price ₹10.26
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What is Morarjee Textiles Gross Margin %?

Morarjee Textiles BOM:532621 4 Gross Margin % is 0.77% as of Dec. 2023. GuruFocus rates BOM:532621 with a GF Score™ of 4/100.

Gross Margin % is calculated as gross profit divided by its revenue. Morarjee Textiles's Gross Profit for the three months ended in Dec. 2023 was ₹0.7 Mil. Morarjee Textiles's Revenue for the three months ended in Dec. 2023 was ₹90.7 Mil. Therefore, Morarjee Textiles's Gross Margin % for the quarter that ended in Dec. 2023 was 0.77%.


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


BOM:532621's Gross Margin % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 28.53
* Ranked among companies with meaningful Gross Margin % only.

Morarjee Textiles had a gross margin of 0.77% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Morarjee Textiles  (BOM:532621) 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

Morarjee Textiles had a gross margin of 0.77% for the quarter that ended in Dec. 2023 => 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.


Morarjee Textiles Gross Margin % Related Terms


Morarjee Textiles Gross Margin % Historical Data

* Premium members only.

The historical data trend for Morarjee Textiles'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.

Morarjee Textiles Gross Margin % Chart

Morarjee Textiles 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 27.34 23.48 21.62 15.68 -3.62

Morarjee Textiles 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 16.29 -66.78 -33.87 0.00 0.77

Morarjee Textiles Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Morarjee Textiles'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.


Morarjee Textiles Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Morarjee Textiles's Gross Margin % distribution charts can be found below:

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


BOM:532621
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Morarjee Textiles Ltd BOM:532621
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Morarjee Textiles Gross Margin % Calculation

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

Morarjee Textiles'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 )
=-72.4 / 1999.174
=(Revenue - Cost of Goods Sold) / Revenue
=(1999.174 - 2071.599) / 1999.174
=-3.62 %

Morarjee Textiles'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 )
=0.7 / 90.7
=(Revenue - Cost of Goods Sold) / Revenue
=(90.7 - 90) / 90.7
=0.77 %

* 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 0.77% mean?
Morarjee Textiles (BOM:532621) has a Gross Margin % of 0.77% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Morarjee Textiles and its competitors.
Is Morarjee Textiles' Gross Margin % too high?
Morarjee Textiles' current Gross Margin % is 0.77%. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.53. Morarjee Textiles' value of 0.77% is 97.3% below this industry median. Overall, Morarjee Textiles has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Morarjee Textiles' Gross Margin % compare to competitors?
Morarjee Textiles' Gross Margin % of 0.77% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Gross Margin % is 28.53. Morarjee Textiles' value of 0.77% is 97.3% below this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.53, based on 1,027 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. Morarjee Textiles's current Gross Margin % of 0.77% is 97.3% below the industry median. 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 Morarjee Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morarjee Textiles's current Gross Margin % is 0.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morarjee Textiles stock overvalued right now?
Morarjee Textiles (BOM:532621) has a current Gross Margin % of 0.77%. The current Gross Margin % is 0.77% and 97.3% below the Manufacturing - Apparel & Accessories industry median of 28.53. Morarjee Textiles' 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 Morarjee Textiles (BOM:532621), the current Gross Margin % is 0.77% as of Dec. 2023. 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.

Morarjee Textiles Business Description

Address Ganpatrao Kadam Marg, Unit 5, Ground Floor, Wing B, Peninsula Corporate Park, Peninsula Tower - 1, Lower Parel West, Mumbai, MH, IND, 400013
Morarjee Textiles Ltd is involved in the textile manufacturing business sector. The firm deals in the manufacture of yarn and fabrics. Its products include white fabric, voiles, yarn, and fashion prints among others.
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