GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Feroze1888 Mills Ltd (KAR:FML) » Definitions » Gross Margin %

Feroze1888 Mills (KAR:FML) Gross Margin % : 13.72% (As of Sep. 2024)


View and export this data going back to 1975. Start your Free Trial

What is Feroze1888 Mills Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Feroze1888 Mills's Gross Profit for the three months ended in Sep. 2024 was ₨2,154 Mil. Feroze1888 Mills's Revenue for the three months ended in Sep. 2024 was ₨15,703 Mil. Therefore, Feroze1888 Mills's Gross Margin % for the quarter that ended in Sep. 2024 was 13.72%.

Warning Sign:

Feroze1888 Mills Ltd gross margin has been in long-term decline. The average rate of decline per year is -8%.


The historical rank and industry rank for Feroze1888 Mills's Gross Margin % or its related term are showing as below:

KAR:FML' s Gross Margin % Range Over the Past 10 Years
Min: 14.06   Med: 21.51   Max: 27.01
Current: 14.06


During the past 13 years, the highest Gross Margin % of Feroze1888 Mills was 27.01%. The lowest was 14.06%. And the median was 21.51%.

KAR:FML's Gross Margin % is ranked worse than
71.83% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.67 vs KAR:FML: 14.06

Feroze1888 Mills had a gross margin of 13.72% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Feroze1888 Mills was -8.00% per year.


Feroze1888 Mills Gross Margin % Historical Data

The historical data trend for Feroze1888 Mills'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.

Feroze1888 Mills Gross Margin % Chart

Feroze1888 Mills Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.12 21.39 14.51 21.63 15.90

Feroze1888 Mills Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.93 14.66 17.59 9.77 13.72

Competitive Comparison of Feroze1888 Mills's Gross Margin %

For the Textile Manufacturing subindustry, Feroze1888 Mills'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.


Feroze1888 Mills's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Feroze1888 Mills's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Feroze1888 Mills's Gross Margin % falls into.



Feroze1888 Mills Gross Margin % Calculation

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

Feroze1888 Mills's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=10954.6 / 68880.031
=(Revenue - Cost of Goods Sold) / Revenue
=(68880.031 - 57925.4) / 68880.031
=15.90 %

Feroze1888 Mills'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 )
=2154.4 / 15702.91
=(Revenue - Cost of Goods Sold) / Revenue
=(15702.91 - 13548.514) / 15702.91
=13.72 %

* 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.


Feroze1888 Mills  (KAR:FML) 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

Feroze1888 Mills had a gross margin of 13.72% for the quarter that ended in Sep. 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.


Feroze1888 Mills Gross Margin % Related Terms

Thank you for viewing the detailed overview of Feroze1888 Mills's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Feroze1888 Mills Business Description

Traded in Other Exchanges
N/A
Address
K&N Centre, 2nd and 3rd Floors, 160 Banglore Town, Shahrah -e-Faisal, Karachi, SD, PAK
Feroze1888 Mills Ltd is a Pakistan-based company manufactures and exports towels. Their product line includes bath towels, beach towels, and a kitchen section. Their bath towel product includes dobby, yarn dyed, and jacquard, while their kitchen section includes scrubber, flour sack, and basic. Geographically, it derives a majority of revenue from America and also has a presence in Europe; Asia; Australia, and Africa.

Feroze1888 Mills Headlines

No Headlines