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Greenpanel Industries (BOM:542857) Gross Margin % : 48.09% (As of Mar. 2024)


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What is Greenpanel Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Greenpanel Industries's Gross Profit for the three months ended in Mar. 2024 was ₹1,891 Mil. Greenpanel Industries's Revenue for the three months ended in Mar. 2024 was ₹3,933 Mil. Therefore, Greenpanel Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 48.09%.


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

BOM:542857' s Gross Margin % Range Over the Past 10 Years
Min: 52.35   Med: 54.52   Max: 58.71
Current: 53.28


During the past 7 years, the highest Gross Margin % of Greenpanel Industries was 58.71%. The lowest was 52.35%. And the median was 54.52%.

BOM:542857's Gross Margin % is ranked better than
91.52% of 283 companies
in the Forest Products industry
Industry Median: 20.09 vs BOM:542857: 53.28

Greenpanel Industries had a gross margin of 48.09% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Greenpanel Industries was 1.00% per year.


Greenpanel Industries Gross Margin % Historical Data

The historical data trend for Greenpanel Industries'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.

Greenpanel Industries Gross Margin % Chart

Greenpanel Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 52.35 52.61 58.71 56.72 54.51

Greenpanel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 58.29 47.85 55.61 56.15 48.09

Competitive Comparison of Greenpanel Industries's Gross Margin %

For the Lumber & Wood Production subindustry, Greenpanel Industries'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.


Greenpanel Industries's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenpanel Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Greenpanel Industries's Gross Margin % falls into.



Greenpanel Industries Gross Margin % Calculation

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

Greenpanel Industries'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 )
=8524.6 / 15639.281
=(Revenue - Cost of Goods Sold) / Revenue
=(15639.281 - 7114.683) / 15639.281
=54.51 %

Greenpanel Industries'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 )
=1891.4 / 3932.76
=(Revenue - Cost of Goods Sold) / Revenue
=(3932.76 - 2041.352) / 3932.76
=48.09 %

* 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.


Greenpanel Industries  (BOM:542857) 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

Greenpanel Industries had a gross margin of 48.09% 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.


Greenpanel Industries Gross Margin % Related Terms

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


Greenpanel Industries (BOM:542857) Business Description

Traded in Other Exchanges
Address
163, S.P. Mukherjee Road, Thapar House, 2nd Floor, Kolkata, WB, IND, 700 026
Greenpanel Industries Ltd is a manufacturer of wood panels. It offers products such as Medium Density Fibre Boards, Plywood, Block Boards, Veneers, Wood Floors, and Doors. The operating segment of the company includes Plywood and allied products and Medium density fibreboards and allied products. The company generates maximum revenue from Medium density fibreboards and allied products segment. Geographically, it derives a majority of its revenue from India.

Greenpanel Industries (BOM:542857) Headlines

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