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Shree Tirupati Balajee Agro Trading Co (BOM:544249) Gross Margin % : 33.01% (As of Dec. 2024)


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What is Shree Tirupati Balajee Agro Trading Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shree Tirupati Balajee Agro Trading Co's Gross Profit for the three months ended in Dec. 2024 was ₹471 Mil. Shree Tirupati Balajee Agro Trading Co's Revenue for the three months ended in Dec. 2024 was ₹1,427 Mil. Therefore, Shree Tirupati Balajee Agro Trading Co's Gross Margin % for the quarter that ended in Dec. 2024 was 33.01%.


The historical rank and industry rank for Shree Tirupati Balajee Agro Trading Co's Gross Margin % or its related term are showing as below:

BOM:544249' s Gross Margin % Range Over the Past 10 Years
Min: 19.54   Med: 20.41   Max: 22.05
Current: 19.87


During the past 4 years, the highest Gross Margin % of Shree Tirupati Balajee Agro Trading Co was 22.05%. The lowest was 19.54%. And the median was 20.41%.

BOM:544249's Gross Margin % is ranked worse than
54.86% of 381 companies
in the Packaging & Containers industry
Industry Median: 21.29 vs BOM:544249: 19.87

Shree Tirupati Balajee Agro Trading Co had a gross margin of 33.01% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shree Tirupati Balajee Agro Trading Co was 0.00% per year.


Shree Tirupati Balajee Agro Trading Co Gross Margin % Historical Data

The historical data trend for Shree Tirupati Balajee Agro Trading Co'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.

Shree Tirupati Balajee Agro Trading Co Gross Margin % Chart

Shree Tirupati Balajee Agro Trading Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Margin %
19.88 20.93 22.05 19.54

Shree Tirupati Balajee Agro Trading Co Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.67 -10.70 30.34 30.66 33.01

Competitive Comparison of Shree Tirupati Balajee Agro Trading Co's Gross Margin %

For the Packaging & Containers subindustry, Shree Tirupati Balajee Agro Trading Co'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.


Shree Tirupati Balajee Agro Trading Co's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shree Tirupati Balajee Agro Trading Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shree Tirupati Balajee Agro Trading Co's Gross Margin % falls into.


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Shree Tirupati Balajee Agro Trading Co Gross Margin % Calculation

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

Shree Tirupati Balajee Agro Trading Co'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 )
=1022.6 / 5234.12
=(Revenue - Cost of Goods Sold) / Revenue
=(5234.12 - 4211.553) / 5234.12
=19.54 %

Shree Tirupati Balajee Agro Trading Co's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=470.9 / 1426.633
=(Revenue - Cost of Goods Sold) / Revenue
=(1426.633 - 955.768) / 1426.633
=33.01 %

* 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.


Shree Tirupati Balajee Agro Trading Co  (BOM:544249) 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

Shree Tirupati Balajee Agro Trading Co had a gross margin of 33.01% for the quarter that ended in Dec. 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.


Shree Tirupati Balajee Agro Trading Co Gross Margin % Related Terms

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Shree Tirupati Balajee Agro Trading Co Business Description

Traded in Other Exchanges
Address
E-34, H.I.G, RaviShankar Nagar, Near LIG Square, Indore, MP, IND, 452010
Shree Tirupati Balajee Agro Trading Co Ltd is engaged in the business of manufacturing and selling of Flexible Intermediate Bulk Containers (FIBCs) i.e. large flexible bags and other industrial packaging products such as woven sacks, woven fabric and narrow fabric, tapes in the Indian domestic market and overseas. The company offers customized products and caters to the bulk packaging solutions of its clients from diverse industries like chemicals, agrochemicals, food mining, waste disposal industry, agriculture industry, lubricants and edible oil by supplying them its FIBC products for transportation purposes and their packaging requirement.

Shree Tirupati Balajee Agro Trading Co Headlines

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