GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MRP Agro Ltd (BOM:543262) » Definitions » Gross Margin %

MRP Agro (BOM:543262) Gross Margin % : 5.29% (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is MRP Agro Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MRP Agro's Gross Profit for the six months ended in Sep. 2023 was ₹7.5 Mil. MRP Agro's Revenue for the six months ended in Sep. 2023 was ₹141.0 Mil. Therefore, MRP Agro's Gross Margin % for the quarter that ended in Sep. 2023 was 5.29%.


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

BOM:543262' s Gross Margin % Range Over the Past 10 Years
Min: 3.74   Med: 4.6   Max: 4.92
Current: 4.91


During the past 4 years, the highest Gross Margin % of MRP Agro was 4.92%. The lowest was 3.74%. And the median was 4.60%.

BOM:543262's Gross Margin % is ranked worse than
96.45% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.835 vs BOM:543262: 4.91

MRP Agro had a gross margin of 5.29% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

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


MRP Agro Gross Margin % Historical Data

The historical data trend for MRP Agro'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.

MRP Agro Gross Margin % Chart

MRP Agro Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
4.90 3.74 4.92 4.30

MRP Agro Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial 4.79 5.03 4.16 4.48 5.29

Competitive Comparison of MRP Agro's Gross Margin %

For the Food Distribution subindustry, MRP Agro'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.


MRP Agro's Gross Margin % Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where MRP Agro's Gross Margin % falls into.



MRP Agro Gross Margin % Calculation

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

MRP Agro'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 )
=12.2 / 283.267
=(Revenue - Cost of Goods Sold) / Revenue
=(283.267 - 271.082) / 283.267
=4.30 %

MRP Agro'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 )
=7.5 / 140.984
=(Revenue - Cost of Goods Sold) / Revenue
=(140.984 - 133.526) / 140.984
=5.29 %

* 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.


MRP Agro  (BOM:543262) 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

MRP Agro had a gross margin of 5.29% for the quarter that ended in Sep. 2023 => 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.


MRP Agro Gross Margin % Related Terms

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


MRP Agro (BOM:543262) Business Description

Traded in Other Exchanges
N/A
Address
Civil Line Road, House No.100, First Floor, Ward No.23, Infront of Thane Ajak, Tikamgarh, MP, IND, 472001
MRP Agro Ltd is engaged in trading and import and export of food grains, fly-ash, and coal products.

MRP Agro (BOM:543262) Headlines

No Headlines