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Chandrima Mercantiles (BOM:540829) Gross Margin % : 14.92% (As of Sep. 2024)


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What is Chandrima Mercantiles Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chandrima Mercantiles's Gross Profit for the three months ended in Sep. 2024 was ₹12.1 Mil. Chandrima Mercantiles's Revenue for the three months ended in Sep. 2024 was ₹80.9 Mil. Therefore, Chandrima Mercantiles's Gross Margin % for the quarter that ended in Sep. 2024 was 14.92%.


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

BOM:540829' s Gross Margin % Range Over the Past 10 Years
Min: -25.59   Med: 5.09   Max: 18.84
Current: 14.49


During the past 11 years, the highest Gross Margin % of Chandrima Mercantiles was 18.84%. The lowest was -25.59%. And the median was 5.09%.

BOM:540829's Gross Margin % is ranked worse than
74.44% of 313 companies
in the Retail - Defensive industry
Industry Median: 23.21 vs BOM:540829: 14.49

Chandrima Mercantiles had a gross margin of 14.92% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chandrima Mercantiles was 0.00% per year.


Chandrima Mercantiles Gross Margin % Historical Data

The historical data trend for Chandrima Mercantiles'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.

Chandrima Mercantiles Gross Margin % Chart

Chandrima Mercantiles 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 - -25.59 0.89 0.72 9.28

Chandrima Mercantiles 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 -8.14 3.72 16.85 14.71 14.92

Competitive Comparison of Chandrima Mercantiles's Gross Margin %

For the Food Distribution subindustry, Chandrima Mercantiles'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.


Chandrima Mercantiles's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Chandrima Mercantiles's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Chandrima Mercantiles's Gross Margin % falls into.



Chandrima Mercantiles Gross Margin % Calculation

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

Chandrima Mercantiles'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 )
=18 / 193.895
=(Revenue - Cost of Goods Sold) / Revenue
=(193.895 - 175.906) / 193.895
=9.28 %

Chandrima Mercantiles'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 )
=12.1 / 80.932
=(Revenue - Cost of Goods Sold) / Revenue
=(80.932 - 68.858) / 80.932
=14.92 %

* 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.


Chandrima Mercantiles  (BOM:540829) 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

Chandrima Mercantiles had a gross margin of 14.92% for the quarter that ended in Sep. 2024 => No sustainable 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.


Chandrima Mercantiles Gross Margin % Related Terms

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


Chandrima Mercantiles Business Description

Traded in Other Exchanges
N/A
Address
100 Feet Anandnagar Road, B-712 Seven Floor Tiitanium City Center, Near Sachin Tower, Ahmedabad, GJ, IND, 380 015
Chandrima Mercantiles Ltd is engaged in trading in agriculture products.

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