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Crompton Greaves Consumer Electricals (BOM:539876) Gross Margin % : 32.49% (As of Dec. 2023)


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What is Crompton Greaves Consumer Electricals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Crompton Greaves Consumer Electricals's Gross Profit for the three months ended in Dec. 2023 was ₹5,499 Mil. Crompton Greaves Consumer Electricals's Revenue for the three months ended in Dec. 2023 was ₹16,927 Mil. Therefore, Crompton Greaves Consumer Electricals's Gross Margin % for the quarter that ended in Dec. 2023 was 32.49%.


The historical rank and industry rank for Crompton Greaves Consumer Electricals's Gross Margin % or its related term are showing as below:

BOM:539876' s Gross Margin % Range Over the Past 10 Years
Min: 29.31   Med: 30.82   Max: 31.62
Current: 30.97


During the past 9 years, the highest Gross Margin % of Crompton Greaves Consumer Electricals was 31.62%. The lowest was 29.31%. And the median was 30.82%.

BOM:539876's Gross Margin % is ranked better than
55.75% of 409 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.42 vs BOM:539876: 30.97

Crompton Greaves Consumer Electricals had a gross margin of 32.49% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Crompton Greaves Consumer Electricals was 0.40% per year.


Crompton Greaves Consumer Electricals Gross Margin % Historical Data

The historical data trend for Crompton Greaves Consumer Electricals'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.

Crompton Greaves Consumer Electricals Gross Margin % Chart

Crompton Greaves Consumer Electricals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 30.35 31.62 31.58 30.82 31.29

Crompton Greaves Consumer Electricals 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 32.53 29.30 30.83 31.32 32.49

Competitive Comparison of Crompton Greaves Consumer Electricals's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Crompton Greaves Consumer Electricals'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.


Crompton Greaves Consumer Electricals's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Crompton Greaves Consumer Electricals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Crompton Greaves Consumer Electricals's Gross Margin % falls into.



Crompton Greaves Consumer Electricals Gross Margin % Calculation

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

Crompton Greaves Consumer Electricals'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 )
=21382.3 / 68325.5
=(Revenue - Cost of Goods Sold) / Revenue
=(68325.5 - 46943.2) / 68325.5
=31.29 %

Crompton Greaves Consumer Electricals'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 )
=5498.9 / 16926.9
=(Revenue - Cost of Goods Sold) / Revenue
=(16926.9 - 11428) / 16926.9
=32.49 %

* 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.


Crompton Greaves Consumer Electricals  (BOM:539876) 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

Crompton Greaves Consumer Electricals had a gross margin of 32.49% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Crompton Greaves Consumer Electricals Gross Margin % Related Terms

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Crompton Greaves Consumer Electricals (BOM:539876) Business Description

Traded in Other Exchanges
Address
Equinox Business Park, Lal Bahadur Shastri Marg, Tower 3, 1st Floor, East Wing, Kurla (West), Mumbai, MH, IND, 400 070
Crompton Greaves Consumer Electricals Ltd manufactures and markets consumer products in India. Its operating segments are Electric Consumer Durables; Lighting Products and Butterfly. The company offers fans comprising ceiling, table, pedestal, wall-mounted, domestic exhaust, special, and personal fans; professional LED and conventional lighting, solar, and lighting automation products, as well as lamps and consumer luminaires; and surface and submersible pumps, pumping systems, and accessories. The company operates predominantly in the domestic market, in India.

Crompton Greaves Consumer Electricals (BOM:539876) Headlines

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