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GNA Axles (BOM:540124) Gross Margin % : 34.92% (As of Sep. 2024)


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What is GNA Axles Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. GNA Axles's Gross Profit for the three months ended in Sep. 2024 was ₹1,353 Mil. GNA Axles's Revenue for the three months ended in Sep. 2024 was ₹3,876 Mil. Therefore, GNA Axles's Gross Margin % for the quarter that ended in Sep. 2024 was 34.92%.


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

BOM:540124' s Gross Margin % Range Over the Past 10 Years
Min: 23.86   Med: 25.73   Max: 28.29
Current: 24.59


During the past 10 years, the highest Gross Margin % of GNA Axles was 28.29%. The lowest was 23.86%. And the median was 25.73%.

BOM:540124's Gross Margin % is ranked better than
63.96% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 20.04 vs BOM:540124: 24.59

GNA Axles had a gross margin of 34.92% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for GNA Axles was -0.40% per year.


GNA Axles Gross Margin % Historical Data

The historical data trend for GNA Axles'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.

GNA Axles Gross Margin % Chart

GNA Axles 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 23.86 28.29 26.60 25.64 24.43

GNA Axles Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 34.08 35.52 -7.53 33.37 34.92

Competitive Comparison of GNA Axles's Gross Margin %

For the Auto Parts subindustry, GNA Axles'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.


GNA Axles's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GNA Axles's Gross Margin % distribution charts can be found below:

* The bar in red indicates where GNA Axles's Gross Margin % falls into.



GNA Axles Gross Margin % Calculation

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

GNA Axles'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 )
=3642 / 14905.388
=(Revenue - Cost of Goods Sold) / Revenue
=(14905.388 - 11263.393) / 14905.388
=24.43 %

GNA Axles's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1353.3 / 3875.511
=(Revenue - Cost of Goods Sold) / Revenue
=(3875.511 - 2522.235) / 3875.511
=34.92 %

* 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.


GNA Axles  (BOM:540124) 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

GNA Axles had a gross margin of 34.92% for the quarter that ended in Sep. 2024 => 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.


GNA Axles Gross Margin % Related Terms

Thank you for viewing the detailed overview of GNA Axles's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


GNA Axles Business Description

Traded in Other Exchanges
Address
Phagwara - Hoshiarpur Road, VPO Mehtiana, District Hoshiarpur, Hoshiarpur, PB, IND, 146001
GNA Axles Ltd is engaged in manufacturing automobile components. The product portfolio includes Rear axle shafts, Spindles, and Drive Shafts, of which rear axle shafts contribute majorly to the company's revenue. The product segments of the group are Off-Highway and Commercial Vehicles. The company operates in India and also exports its products to other countries.

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