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Indian Metals & Ferro Alloys (BOM:533047) Gross Margin % : 48.88% (As of Jun. 2024)


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What is Indian Metals & Ferro Alloys Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Indian Metals & Ferro Alloys's Gross Profit for the three months ended in Jun. 2024 was ₹3,237 Mil. Indian Metals & Ferro Alloys's Revenue for the three months ended in Jun. 2024 was ₹6,623 Mil. Therefore, Indian Metals & Ferro Alloys's Gross Margin % for the quarter that ended in Jun. 2024 was 48.88%.


The historical rank and industry rank for Indian Metals & Ferro Alloys's Gross Margin % or its related term are showing as below:

BOM:533047' s Gross Margin % Range Over the Past 10 Years
Min: 37.62   Med: 44.13   Max: 55.74
Current: 44.92


During the past 13 years, the highest Gross Margin % of Indian Metals & Ferro Alloys was 55.74%. The lowest was 37.62%. And the median was 44.13%.

BOM:533047's Gross Margin % is ranked better than
94.68% of 602 companies
in the Steel industry
Industry Median: 12.35 vs BOM:533047: 44.92

Indian Metals & Ferro Alloys had a gross margin of 48.88% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indian Metals & Ferro Alloys was 0.70% per year.


Indian Metals & Ferro Alloys Gross Margin % Historical Data

The historical data trend for Indian Metals & Ferro Alloys'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.

Indian Metals & Ferro Alloys Gross Margin % Chart

Indian Metals & Ferro Alloys 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 37.62 43.46 54.29 42.12 44.73

Indian Metals & Ferro Alloys Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 47.90 46.65 47.42 36.59 48.88

Competitive Comparison of Indian Metals & Ferro Alloys's Gross Margin %

For the Steel subindustry, Indian Metals & Ferro Alloys'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.


Indian Metals & Ferro Alloys's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Indian Metals & Ferro Alloys's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indian Metals & Ferro Alloys's Gross Margin % falls into.



Indian Metals & Ferro Alloys Gross Margin % Calculation

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

Indian Metals & Ferro Alloys'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 )
=12270.9 / 27433.5
=(Revenue - Cost of Goods Sold) / Revenue
=(27433.5 - 15162.6) / 27433.5
=44.73 %

Indian Metals & Ferro Alloys's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=3237.4 / 6622.8
=(Revenue - Cost of Goods Sold) / Revenue
=(6622.8 - 3385.4) / 6622.8
=48.88 %

* 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.


Indian Metals & Ferro Alloys  (BOM:533047) 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

Indian Metals & Ferro Alloys had a gross margin of 48.88% for the quarter that ended in Jun. 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.


Indian Metals & Ferro Alloys Gross Margin % Related Terms

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Indian Metals & Ferro Alloys Business Description

Traded in Other Exchanges
Address
IMFA Building, Bomikhal, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010
Indian Metals & Ferro Alloys Ltd operates in the ferroalloys business. Its business activity primarily functions through Ferro Alloys, Power, Mining, and Other segments. The company generates maximum revenue from Ferro Alloys segment. Its Ferro Alloys segment focuses on ferro chrome, which imparts the non-corrosive property to stainless steel. Geographically, it derives a majority of revenue from Outside India.

Indian Metals & Ferro Alloys Headlines

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