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Raj Oil Mills (LUX:189979) Gross Margin % : 14.00% (As of Mar. 2024)


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What is Raj Oil Mills Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Raj Oil Mills's Gross Profit for the three months ended in Mar. 2024 was $0.51 Mil. Raj Oil Mills's Revenue for the three months ended in Mar. 2024 was $3.64 Mil. Therefore, Raj Oil Mills's Gross Margin % for the quarter that ended in Mar. 2024 was 14.00%.

Warning Sign:

Raj Oil Mills Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.9%.


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

LUX:189979' s Gross Margin % Range Over the Past 10 Years
Min: 14.53   Med: 19.28   Max: 25.16
Current: 15.24


During the past 13 years, the highest Gross Margin % of Raj Oil Mills was 25.16%. The lowest was 14.53%. And the median was 19.28%.

LUX:189979's Gross Margin % is ranked worse than
72.92% of 1813 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs LUX:189979: 15.24

Raj Oil Mills had a gross margin of 14.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Raj Oil Mills was -10.90% per year.


Raj Oil Mills Gross Margin % Historical Data

The historical data trend for Raj Oil 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.

Raj Oil Mills Gross Margin % Chart

Raj Oil Mills 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 22.89 17.44 14.90 14.53 15.24

Raj Oil Mills 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 14.72 15.35 13.66 17.61 14.00

Competitive Comparison of Raj Oil Mills's Gross Margin %

For the Packaged Foods subindustry, Raj Oil 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.


Raj Oil Mills's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Raj Oil Mills's Gross Margin % distribution charts can be found below:

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



Raj Oil Mills Gross Margin % Calculation

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

Raj Oil Mills'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 )
=2.3 / 15.022
=(Revenue - Cost of Goods Sold) / Revenue
=(15.022 - 12.732) / 15.022
=15.24 %

Raj Oil Mills'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 )
=0.5 / 3.643
=(Revenue - Cost of Goods Sold) / Revenue
=(3.643 - 3.133) / 3.643
=14.00 %

* 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.


Raj Oil Mills  (LUX:189979) 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

Raj Oil Mills had a gross margin of 14.00% 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.


Raj Oil Mills Gross Margin % Related Terms

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Raj Oil Mills (LUX:189979) Business Description

Traded in Other Exchanges
Address
214, Free Press Journal Marg, 205, Raheja Centre, Nariman Point, Mumbai, MH, IND, 400 021
Raj Oil Mills Ltd is engaged in the business of manufacturing and trading edible oils. The company offers brands including Cocoraj Coconut Oil, Tilraj Til Oil, Guinea Lite Refined Soyabean Oil and many more. The operating business segment of the company is Edible Oil and Cakes.

Raj Oil Mills (LUX:189979) Headlines

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