Grill Splendour Services (NSE:BIRDYS) Gross Margin % : 69.57% (As of Sep. 2023)

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What is Grill Splendour Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grill Splendour Services's Gross Profit for the six months ended in Sep. 2023 was ₹46.66 Mil. Grill Splendour Services's Revenue for the six months ended in Sep. 2023 was ₹67.06 Mil. Therefore, Grill Splendour Services's Gross Margin % for the quarter that ended in Sep. 2023 was 69.57%.

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

NSE:BIRDYS' s Gross Margin % Range Over the Past 10 Years
Min: 69.11 Med: 69.45 Max: 73.1
Current: 69.57

During the past 3 years, the highest Gross Margin % of Grill Splendour Services was 73.10%. The lowest was 69.11%. And the median was 69.45%.

NSE:BIRDYS's Gross Margin % is ranked better than
93.91% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 25.825 vs NSE:BIRDYS: 69.57

Grill Splendour Services had a gross margin of 69.57% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grill Splendour Services was 0.00% per year.

Grill Splendour Services Gross Margin % Historical Data

The historical data trend for Grill Splendour Services'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.

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Grill Splendour Services Gross Margin % Chart

Grill Splendour Services Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

69.45

69.11

73.10

Grill Splendour Services Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Gross Margin %	-	-	-	69.57

Competitive Comparison of Grill Splendour Services's Gross Margin %

For the Packaged Foods subindustry, Grill Splendour Services'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.

Grill Splendour Services's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grill Splendour Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grill Splendour Services's Gross Margin % falls into.

Grill Splendour Services Gross Margin % Calculation

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

Grill Splendour Services'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 )
	=	111.8	/	152.935
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(152.935 - 41.143)	/	152.935
	=	73.10 %

Grill Splendour Services's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	46.7	/	67.062
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(67.062 - 20.406)	/	67.062
	=	69.57 %

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.

Grill Splendour Services (NSE:BIRDYS) 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

Grill Splendour Services had a gross margin of 69.57% for the quarter that ended in Sep. 2023 => Durable 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.

Grill Splendour Services Gross Margin % Related Terms

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Grill Splendour Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grill Splendour Services Ltd (NSE:BIRDYS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wadala Truck Terminal Road, 1st Floor, Plot - 8, J1, C105, Shram Siddhi Vinayak Premises Co-Op Soc Ltd, Antop Hill, Mumbai, MH, IND, 400037

Website

https://www.birdys.in

Grill Splendour Services Ltd operates through a chain of gourmet Bakery and Patisserie in Mumbai. It has 20 retail stores, a centralized production facility, and multiple corporate clients. Out of the 20 retail stores, 5 stores are running under the franchisee model (franchisee owned, and company operated) and the rest 15 stores are owned by the company. Its product categories include Cakes & Pastries, Food Sales, Beverages, and Desert Sales.

Grill Splendour Services Headlines

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