Ankit Metal & Power (NSE:ANKITMETAL) Gross Margin %: -12.57% (As of Dec. 2023)

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NSE:ANKITMETAL Ankit Metal & Power Ltd NSE:ANKITMETAL
4 GF Score
Price ₹1.45
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What is Ankit Metal & Power Gross Margin %?

Ankit Metal & Power NSE:ANKITMETAL -2.68% 4 Gross Margin % is -12.57% as of Dec. 2023. GuruFocus rates NSE:ANKITMETAL with a GF Score™ of 4/100.

Gross Margin % is calculated as gross profit divided by its revenue. Ankit Metal & Power's Gross Profit for the three months ended in Dec. 2023 was ₹-183 Mil. Ankit Metal & Power's Revenue for the three months ended in Dec. 2023 was ₹1,458 Mil. Therefore, Ankit Metal & Power's Gross Margin % for the quarter that ended in Dec. 2023 was -12.57%.


The historical rank and industry rank for Ankit Metal & Power's Gross Margin % or its related term are showing as below:


NSE:ANKITMETAL's Gross Margin % is not ranked *
in the Steel industry.
Industry Median: 12.6
* Ranked among companies with meaningful Gross Margin % only.

Ankit Metal & Power had a gross margin of -12.57% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ankit Metal & Power was 0.00% per year.

Ankit Metal & Power  (NSE:ANKITMETAL) 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

Ankit Metal & Power had a gross margin of -12.57% for the quarter that ended in Dec. 2023 => 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.

Ankit Metal & Power Gross Margin % Related Terms

Ankit Metal & Power Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ankit Metal & Power'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.

Ankit Metal & Power Gross Margin % Chart

Ankit Metal & Power Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.12 4.24 -22.39 -10.25 -18.69

Ankit Metal & Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.82 -58.94 7.37 -22.57 -12.57

NSE:ANKITMETAL vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, Ankit Metal & Power'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.

Ankit Metal & Power Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Ankit Metal & Power's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ankit Metal & Power's Gross Margin % falls into.


NSE:ANKITMETAL
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Ankit Metal & Power Ltd NSE:ANKITMETAL
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Ankit Metal & Power Gross Margin % Calculation

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

Ankit Metal & Power's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=-1415.8 / 7575.032
=(Revenue - Cost of Goods Sold) / Revenue
=(7575.032 - 8990.791) / 7575.032
=-18.69 %

Ankit Metal & Power's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-183.3 / 1457.63
=(Revenue - Cost of Goods Sold) / Revenue
=(1457.63 - 1640.918) / 1457.63
=-12.57 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -12.57% mean?
Ankit Metal & Power (NSE:ANKITMETAL) has a Gross Margin % of -12.57% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Ankit Metal & Power and its competitors.
Is Ankit Metal & Power's Gross Margin % too high?
Ankit Metal & Power's current Gross Margin % is -12.57%. Overall, Ankit Metal & Power has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ankit Metal & Power's Gross Margin % compare to NUE and STLD?
Ankit Metal & Power's Gross Margin % of -12.57% can be compared against companies in the Steel industry. The industry median Gross Margin % is 12.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Ankit Metal & Power and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ankit Metal & Power's current Gross Margin % is -12.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ankit Metal & Power stock overvalued right now?
Ankit Metal & Power (NSE:ANKITMETAL) has a current Gross Margin % of -12.57%. The current Gross Margin % is -12.57%. Ankit Metal & Power's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Ankit Metal & Power (NSE:ANKITMETAL), the current Gross Margin % is -12.57% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ankit Metal & Power Business Description

Address 132A, S. P. Mukherjee Road, SKP House, Kolkata, WB, IND, 700 026
Ankit Metal & Power Ltd manufactures and sells iron and steel products. Its product portfolio includes Sponge Iron, M.S. Billets, Pig Iron, Ferro Silicon, and others.
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