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Gabriel Pet Straps (BOM:544108) Gross Margin % : 17.22% (As of Mar. 2024)


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What is Gabriel Pet Straps Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gabriel Pet Straps's Gross Profit for the six months ended in Mar. 2024 was ₹18.5 Mil. Gabriel Pet Straps's Revenue for the six months ended in Mar. 2024 was ₹107.2 Mil. Therefore, Gabriel Pet Straps's Gross Margin % for the quarter that ended in Mar. 2024 was 17.22%.


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

BOM:544108' s Gross Margin % Range Over the Past 10 Years
Min: 14.29   Med: 19.62   Max: 23.45
Current: 17.22


During the past 4 years, the highest Gross Margin % of Gabriel Pet Straps was 23.45%. The lowest was 14.29%. And the median was 19.62%.

BOM:544108's Gross Margin % is ranked worse than
76.2% of 2933 companies
in the Industrial Products industry
Industry Median: 26.57 vs BOM:544108: 17.22

Gabriel Pet Straps had a gross margin of 17.22% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gabriel Pet Straps was 0.00% per year.


Gabriel Pet Straps Gross Margin % Historical Data

The historical data trend for Gabriel Pet Straps'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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Gabriel Pet Straps Gross Margin % Chart

Gabriel Pet Straps Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Margin %
14.29 22.02 23.45 17.22

Gabriel Pet Straps Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Gross Margin % 14.29 22.02 23.45 17.22

Competitive Comparison of Gabriel Pet Straps's Gross Margin %

For the Tools & Accessories subindustry, Gabriel Pet Straps'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.


Gabriel Pet Straps's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gabriel Pet Straps's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gabriel Pet Straps's Gross Margin % falls into.



Gabriel Pet Straps Gross Margin % Calculation

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

Gabriel Pet Straps'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 )
=18.5 / 107.197
=(Revenue - Cost of Goods Sold) / Revenue
=(107.197 - 88.734) / 107.197
=17.22 %

Gabriel Pet Straps'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 )
=18.5 / 107.197
=(Revenue - Cost of Goods Sold) / Revenue
=(107.197 - 88.734) / 107.197
=17.22 %

* 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.


Gabriel Pet Straps  (BOM:544108) 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

Gabriel Pet Straps had a gross margin of 17.22% for the quarter that ended in Mar. 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.


Gabriel Pet Straps Gross Margin % Related Terms

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Gabriel Pet Straps (BOM:544108) Business Description

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Traded in Other Exchanges
N/A
Address
Gabriel Pet Straps Ltd is is engaged in the manufacturing and selling of Pet Straps under brand name of "Gabriel" widely used in packaging of heavy materials. It produce Pet Strap from 9mm to 32mm width and thickness ranging from 0.70mm to 1.30mm. It also offers customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth etc.

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