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Vishal Bearings (BOM:539398) Gross Margin % : 50.26% (As of Mar. 2024)


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What is Vishal Bearings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vishal Bearings's Gross Profit for the three months ended in Mar. 2024 was ₹91.2 Mil. Vishal Bearings's Revenue for the three months ended in Mar. 2024 was ₹181.4 Mil. Therefore, Vishal Bearings's Gross Margin % for the quarter that ended in Mar. 2024 was 50.26%.


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

BOM:539398' s Gross Margin % Range Over the Past 10 Years
Min: 25.36   Med: 36.41   Max: 43.98
Current: 41.06


During the past 10 years, the highest Gross Margin % of Vishal Bearings was 43.98%. The lowest was 25.36%. And the median was 36.41%.

BOM:539398's Gross Margin % is ranked better than
81.37% of 2942 companies
in the Industrial Products industry
Industry Median: 26.44 vs BOM:539398: 41.06

Vishal Bearings had a gross margin of 50.26% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vishal Bearings was 8.40% per year.


Vishal Bearings Gross Margin % Historical Data

The historical data trend for Vishal Bearings'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.

Vishal Bearings Gross Margin % Chart

Vishal Bearings 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 27.40 25.36 25.89 42.99 40.57

Vishal Bearings Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 42.77 37.39 37.65 42.45 50.26

Competitive Comparison of Vishal Bearings's Gross Margin %

For the Specialty Industrial Machinery subindustry, Vishal Bearings'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.


Vishal Bearings's Gross Margin % Distribution in the Industrial Products Industry

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

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



Vishal Bearings Gross Margin % Calculation

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

Vishal Bearings'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 )
=392.2 / 966.812
=(Revenue - Cost of Goods Sold) / Revenue
=(966.812 - 574.601) / 966.812
=40.57 %

Vishal Bearings's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=91.2 / 181.449
=(Revenue - Cost of Goods Sold) / Revenue
=(181.449 - 90.257) / 181.449
=50.26 %

* 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.


Vishal Bearings  (BOM:539398) 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

Vishal Bearings had a gross margin of 50.26% for the quarter that ended in Mar. 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.


Vishal Bearings Gross Margin % Related Terms

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Vishal Bearings (BOM:539398) Business Description

Traded in Other Exchanges
N/A
Address
Shapar Village Road, Survey No. 22/1, Plot No.1, Shapar (Veraval), Rajkot, GJ, IND, 360024
Vishal Bearings Ltd engages in the business of manufacturing of bearing rollers, earning job work income and wind power generation. Its products include; Taper rollers, Cylindrical rollers, Spherical rollers and components of taper rollers. Its products are used by end-users in diverse industries, such as rail, light vehicles, off-highway, heavy trucks and auto-aftermarket industries classified as automobile industries and heavy industries, industrial processes, gear drives, energy and industrial distribution. The Company has sole business segment as Manufacturing of Bearing Rollers & Other Allied Activities.

Vishal Bearings (BOM:539398) Headlines

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