Swashthik Plascon (BOM:544035) Gross Margin % : 32.46% (As of Sep. 2024)

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What is Swashthik Plascon Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Swashthik Plascon's Gross Profit for the six months ended in Sep. 2024 was ₹232 Mil. Swashthik Plascon's Revenue for the six months ended in Sep. 2024 was ₹715 Mil. Therefore, Swashthik Plascon's Gross Margin % for the quarter that ended in Sep. 2024 was 32.46%.

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

BOM:544035' s Gross Margin % Range Over the Past 10 Years
Min: 20.64 Med: 27.87 Max: 30.55
Current: 30.18

During the past 4 years, the highest Gross Margin % of Swashthik Plascon was 30.55%. The lowest was 20.64%. And the median was 27.87%.

BOM:544035's Gross Margin % is ranked better than
76.84% of 380 companies
in the Packaging & Containers industry
Industry Median: 21.03 vs BOM:544035: 30.18

Swashthik Plascon had a gross margin of 32.46% for the quarter that ended in Sep. 2024 => Competition eroding margins

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

Swashthik Plascon Gross Margin % Historical Data

The historical data trend for Swashthik Plascon'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.

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Swashthik Plascon Gross Margin % Chart

Swashthik Plascon Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Gross Margin %

28.02

20.64

30.55

27.71

Swashthik Plascon Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Gross Margin %	Get a 7-Day Free Trial			-	-	27.92	27.47	32.46

Competitive Comparison of Swashthik Plascon's Gross Margin %

For the Packaging & Containers subindustry, Swashthik Plascon'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.

Swashthik Plascon's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Swashthik Plascon's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Swashthik Plascon's Gross Margin % falls into.

Swashthik Plascon Gross Margin % Calculation

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

Swashthik Plascon'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 )
	=	349.9	/	1262.74
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1262.74 - 912.859)	/	1262.74
	=	27.71 %

Swashthik Plascon'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 )
	=	232.2	/	715.406
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(715.406 - 483.173)	/	715.406
	=	32.46 %

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.

Swashthik Plascon (BOM:544035) 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

Swashthik Plascon had a gross margin of 32.46% for the quarter that ended in Sep. 2024 => 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.

Swashthik Plascon Gross Margin % Related Terms

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Swashthik Plascon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Swashthik Plascon Ltd (BOM:544035) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. A75 - A76, PIPDIC Electronic Park, Thirubuvanai, Mannadipet Commune, Puducherry, KL, IND, 605107

Website

https://www.swashthikplascon.com

Swashthik Plascon Ltd is mainly engaged in the business of manufacturing a wide range of PET bottles and PET preforms which includes PET bottles for pharmaceutical applications, liquor applications, FMCG packaging, household applications, dish wash liquid packaging, repellent dispensers etc and PET preforms for soft drinks bottles, packaged drinking water bottle and juice bottles.

Swashthik Plascon Headlines

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