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Lambodhara Textiles (BOM:590075) Gross Margin % : 24.04% (As of Mar. 2024)


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What is Lambodhara Textiles Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lambodhara Textiles's Gross Profit for the three months ended in Mar. 2024 was ₹101 Mil. Lambodhara Textiles's Revenue for the three months ended in Mar. 2024 was ₹421 Mil. Therefore, Lambodhara Textiles's Gross Margin % for the quarter that ended in Mar. 2024 was 24.04%.


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

BOM:590075' s Gross Margin % Range Over the Past 10 Years
Min: 19.34   Med: 21.76   Max: 27.69
Current: 21.87


During the past 13 years, the highest Gross Margin % of Lambodhara Textiles was 27.69%. The lowest was 19.34%. And the median was 21.76%.

BOM:590075's Gross Margin % is ranked worse than
59.94% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 27.135 vs BOM:590075: 21.87

Lambodhara Textiles had a gross margin of 24.04% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lambodhara Textiles was 3.50% per year.


Lambodhara Textiles Gross Margin % Historical Data

The historical data trend for Lambodhara Textiles'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.

Lambodhara Textiles Gross Margin % Chart

Lambodhara Textiles Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.31 27.69 22.89 26.45 21.87

Lambodhara Textiles Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.91 20.63 23.23 19.94 24.04

Competitive Comparison of Lambodhara Textiles's Gross Margin %

For the Textile Manufacturing subindustry, Lambodhara Textiles'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.


Lambodhara Textiles's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lambodhara Textiles's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lambodhara Textiles's Gross Margin % falls into.



Lambodhara Textiles Gross Margin % Calculation

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

Lambodhara Textiles'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 )
=425.9 / 1946.902
=(Revenue - Cost of Goods Sold) / Revenue
=(1946.902 - 1521.047) / 1946.902
=21.87 %

Lambodhara Textiles'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 )
=101.2 / 421.059
=(Revenue - Cost of Goods Sold) / Revenue
=(421.059 - 319.854) / 421.059
=24.04 %

* 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.


Lambodhara Textiles  (BOM:590075) 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

Lambodhara Textiles had a gross margin of 24.04% for the quarter that ended in Mar. 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.


Lambodhara Textiles Gross Margin % Related Terms

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Lambodhara Textiles (BOM:590075) Business Description

Traded in Other Exchanges
Address
1075-B, Avinashi Road, 3A, 3rd Floor, B Block, Pioneer Apartment, Coimbatore, TN, IND, 641018
Lambodhara Textiles Ltd is an India-based operates in the textile division. The business activity of the group includes manufacturing of synthetic yarn. It operates through Textile, Power Generation, and Real Estate segment. It offers products related to yarn such as Slub yarns, Multicount and multi-twist yarns, Siro yarns and Neppy yarns, among others. The company derives revenues from the sale of manufactured goods and stock in trade. The company derives the majority of its revenue from Textiles segment.

Lambodhara Textiles (BOM:590075) Headlines

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