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Airo Lam (NSE:AIROLAM) Gross Margin % : 34.91% (As of Jun. 2024)


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What is Airo Lam Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Airo Lam's Gross Profit for the three months ended in Jun. 2024 was ₹183 Mil. Airo Lam's Revenue for the three months ended in Jun. 2024 was ₹523 Mil. Therefore, Airo Lam's Gross Margin % for the quarter that ended in Jun. 2024 was 34.91%.


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

NSE:AIROLAM' s Gross Margin % Range Over the Past 10 Years
Min: 25.87   Med: 33.51   Max: 35.97
Current: 35.63


During the past 12 years, the highest Gross Margin % of Airo Lam was 35.97%. The lowest was 25.87%. And the median was 33.51%.

NSE:AIROLAM's Gross Margin % is ranked better than
67.55% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.695 vs NSE:AIROLAM: 35.63

Airo Lam had a gross margin of 34.91% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Airo Lam was 2.90% per year.


Airo Lam Gross Margin % Historical Data

The historical data trend for Airo Lam'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.

Airo Lam Gross Margin % Chart

Airo Lam 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 33.64 31.24 33.43 33.59 35.97

Airo Lam Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 36.28 39.01 34.13 34.71 34.91

Competitive Comparison of Airo Lam's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Airo Lam'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.


Airo Lam's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Airo Lam's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Airo Lam's Gross Margin % falls into.



Airo Lam Gross Margin % Calculation

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

Airo Lam'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 )
=740.6 / 2059.245
=(Revenue - Cost of Goods Sold) / Revenue
=(2059.245 - 1318.614) / 2059.245
=35.97 %

Airo Lam's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=182.5 / 522.835
=(Revenue - Cost of Goods Sold) / Revenue
=(522.835 - 340.318) / 522.835
=34.91 %

* 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.


Airo Lam  (NSE:AIROLAM) 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

Airo Lam had a gross margin of 34.91% for the quarter that ended in Jun. 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.


Airo Lam Gross Margin % Related Terms

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Airo Lam Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 355, Nananpur Approach Road, N.H. No.8, Tahsil-Prantij, Himmatnagar, Dalpur, Sabarkantha, GJ, IND, 383120
Airo Lam Ltd is engaged in the manufacturing of High-Pressure decorative laminates. Its products are used in kitchen furniture, workshops, bathroom furniture, interior doors, and interior wall linings. The segments are Manufacturing and Sale of (a) Laminate and Allied products; and (b) Plywood and Allied products.

Airo Lam Headlines

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