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Pritika Auto Industries (BOM:539359) Gross Margin % : 53.40% (As of Dec. 2024)


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What is Pritika Auto Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pritika Auto Industries's Gross Profit for the three months ended in Dec. 2024 was ₹431 Mil. Pritika Auto Industries's Revenue for the three months ended in Dec. 2024 was ₹807 Mil. Therefore, Pritika Auto Industries's Gross Margin % for the quarter that ended in Dec. 2024 was 53.40%.


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

BOM:539359' s Gross Margin % Range Over the Past 10 Years
Min: 21.33   Med: 24.74   Max: 95.53
Current: 34.73


During the past 10 years, the highest Gross Margin % of Pritika Auto Industries was 95.53%. The lowest was 21.33%. And the median was 24.74%.

BOM:539359's Gross Margin % is ranked better than
70.45% of 2951 companies
in the Industrial Products industry
Industry Median: 26.67 vs BOM:539359: 34.73

Pritika Auto Industries had a gross margin of 53.40% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pritika Auto Industries was 1.20% per year.


Pritika Auto Industries Gross Margin % Historical Data

The historical data trend for Pritika Auto Industries'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.

Pritika Auto Industries Gross Margin % Chart

Pritika Auto Industries 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 26.10 21.73 21.99 21.33 30.71

Pritika Auto Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 48.62 -17.16 47.55 53.87 53.40

Competitive Comparison of Pritika Auto Industries's Gross Margin %

For the Specialty Industrial Machinery subindustry, Pritika Auto Industries'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.


Pritika Auto Industries's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pritika Auto Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pritika Auto Industries's Gross Margin % falls into.


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Pritika Auto Industries Gross Margin % Calculation

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

Pritika Auto Industries'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 )
=1050.5 / 3420.934
=(Revenue - Cost of Goods Sold) / Revenue
=(3420.934 - 2370.48) / 3420.934
=30.71 %

Pritika Auto Industries's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=430.7 / 806.508
=(Revenue - Cost of Goods Sold) / Revenue
=(806.508 - 375.858) / 806.508
=53.40 %

* 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.


Pritika Auto Industries  (BOM:539359) 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

Pritika Auto Industries had a gross margin of 53.40% for the quarter that ended in Dec. 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.


Pritika Auto Industries Gross Margin % Related Terms

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Pritika Auto Industries Business Description

Traded in Other Exchanges
Address
Plot No. C-94, SAS Nagar, Phase-VII Industrial Focal Point, Mohali, PB, IND, 160055
Pritika Auto Industries Ltd is an Indian company engaged in the manufacturing of tractor and automobile components. The company is engaged in manufacturing and selling parts and components for the Tractor Industry. The company sells metal, alloys, castings, automobile parts, machine tools, and tractor parts as well as engineering goods and accessories including zigs and fixtures, bolts and nuts, screws of any size and design for motor vehicles, or components parts. The Company is dealing in single segment which is manufacturing of Auto Components/parts.

Pritika Auto Industries Headlines

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