GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cospower Engineering Ltd (BOM:543172) » Definitions » Gross Margin %

Cospower Engineering (BOM:543172) Gross Margin % : 37.33% (As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Cospower Engineering Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cospower Engineering's Gross Profit for the six months ended in Sep. 2023 was ₹26.3 Mil. Cospower Engineering's Revenue for the six months ended in Sep. 2023 was ₹70.5 Mil. Therefore, Cospower Engineering's Gross Margin % for the quarter that ended in Sep. 2023 was 37.33%.


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

BOM:543172' s Gross Margin % Range Over the Past 10 Years
Min: 21.54   Med: 37.62   Max: 46.85
Current: 35.42


During the past 7 years, the highest Gross Margin % of Cospower Engineering was 46.85%. The lowest was 21.54%. And the median was 37.62%.

BOM:543172's Gross Margin % is ranked better than
70.71% of 2438 companies
in the Hardware industry
Industry Median: 24.415 vs BOM:543172: 35.42

Cospower Engineering had a gross margin of 37.33% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cospower Engineering was 8.00% per year.


Cospower Engineering Gross Margin % Historical Data

The historical data trend for Cospower Engineering'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.

Cospower Engineering Gross Margin % Chart

Cospower Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 30.07 40.05 39.72 46.85 37.62

Cospower Engineering Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.34 54.69 47.32 34.11 37.33

Competitive Comparison of Cospower Engineering's Gross Margin %

For the Electronic Components subindustry, Cospower Engineering'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.


Cospower Engineering's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cospower Engineering's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cospower Engineering's Gross Margin % falls into.



Cospower Engineering Gross Margin % Calculation

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

Cospower Engineering'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 )
=52.9 / 140.536
=(Revenue - Cost of Goods Sold) / Revenue
=(140.536 - 87.673) / 140.536
=37.62 %

Cospower Engineering's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=26.3 / 70.479
=(Revenue - Cost of Goods Sold) / Revenue
=(70.479 - 44.17) / 70.479
=37.33 %

* 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.


Cospower Engineering  (BOM:543172) 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

Cospower Engineering had a gross margin of 37.33% for the quarter that ended in Sep. 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.


Cospower Engineering Gross Margin % Related Terms

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


Cospower Engineering (BOM:543172) Business Description

Traded in Other Exchanges
N/A
Address
Chincholi Bunder Road, 403, Chandra-Raj Building, Behind Vivanta Hospital, Malad (West), Mumbai, MH, IND, 400064
Cospower Engineering Ltd is engaged in the business of manufacturing of electrical panels, harmonic filters and substations, and equipment mounting structures. It provides turnkey services which involve supply, installation, commissioning, testing, and comprehensive maintenance of electric products. The company has extended its product range to other power-related products that are needed to complete the electrical system. It offers under one roof a complete package of electrical systems and solutions. Its business comprises of manufacturing and supplying of re-active power compensation systems, harmonic filters, and other engineering goods.

Cospower Engineering (BOM:543172) Headlines

No Headlines