GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nivaka Fashions Ltd (BOM:542206) » Definitions » Gross Margin %

Nivaka Fashions (BOM:542206) Gross Margin % : -177.88% (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Nivaka Fashions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nivaka Fashions's Gross Profit for the three months ended in Sep. 2024 was ₹-0.97 Mil. Nivaka Fashions's Revenue for the three months ended in Sep. 2024 was ₹0.55 Mil. Therefore, Nivaka Fashions's Gross Margin % for the quarter that ended in Sep. 2024 was -177.88%.


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

BOM:542206' s Gross Margin % Range Over the Past 10 Years
Min: 1.33   Med: 9.55   Max: 85.79
Current: 69.59


During the past 13 years, the highest Gross Margin % of Nivaka Fashions was 85.79%. The lowest was 1.33%. And the median was 9.55%.

BOM:542206's Gross Margin % is ranked better than
96.69% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.67 vs BOM:542206: 69.59

Nivaka Fashions had a gross margin of -177.88% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nivaka Fashions was 84.30% per year.


Nivaka Fashions Gross Margin % Historical Data

The historical data trend for Nivaka Fashions'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.

Nivaka Fashions Gross Margin % Chart

Nivaka Fashions 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 4.19 12.52 51.24 80.80 85.79

Nivaka Fashions 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 78.73 65.43 97.43 74.06 -177.88

Competitive Comparison of Nivaka Fashions's Gross Margin %

For the Apparel Manufacturing subindustry, Nivaka Fashions'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.


Nivaka Fashions's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nivaka Fashions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nivaka Fashions's Gross Margin % falls into.



Nivaka Fashions Gross Margin % Calculation

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

Nivaka Fashions'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 )
=13.7 / 16
=(Revenue - Cost of Goods Sold) / Revenue
=(16 - 2.273) / 16
=85.79 %

Nivaka Fashions'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 )
=-1 / 0.547
=(Revenue - Cost of Goods Sold) / Revenue
=(0.547 - 1.52) / 0.547
=-177.88 %

* 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.


Nivaka Fashions  (BOM:542206) 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

Nivaka Fashions had a gross margin of -177.88% 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.


Nivaka Fashions Gross Margin % Related Terms

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


Nivaka Fashions Business Description

Traded in Other Exchanges
N/A
Address
Mankoli Road, Harihar Corporation, A-12, Gala No. 10/11, Dapoda, Bhiwandi, Thane, MH, IND, 421302
Nivaka Fashions Ltd is an Indian company engaged in retailing Indian ethnic wear through omni channels like offline retail stores and online e-commerce websites. The company owns the brand 'Ninecolours'. The company manufactures certain products in its own brand in the name of 'Ninecolours West', 'Nine colours Quirk' and 'Ninecolours Luxe'. The company offers products like sarees, lehengas, kurtis, suits and gowns for women; kurtas, sherwanis, jackets and kurta pyjamas for men and ethnic wear collections for children. The company also offers a range of jewellery and Home decors products like Bed sheets, Table tops, Wall art and Dewan sets. The company generates the majority of its revenue from the sale of products.

Nivaka Fashions Headlines

No Headlines