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Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Gross Margin % : 30.17% (As of Mar. 2024)


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What is Butterfly Gandhimathi Appliances Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Butterfly Gandhimathi Appliances's Gross Profit for the three months ended in Mar. 2024 was ₹502 Mil. Butterfly Gandhimathi Appliances's Revenue for the three months ended in Mar. 2024 was ₹1,664 Mil. Therefore, Butterfly Gandhimathi Appliances's Gross Margin % for the quarter that ended in Mar. 2024 was 30.17%.

Warning Sign:

Butterfly Gandhimathi Appliances Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


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

NSE:BUTTERFLY' s Gross Margin % Range Over the Past 10 Years
Min: 30.97   Med: 39.13   Max: 42.13
Current: 36.24


During the past 13 years, the highest Gross Margin % of Butterfly Gandhimathi Appliances was 42.13%. The lowest was 30.97%. And the median was 39.13%.

NSE:BUTTERFLY's Gross Margin % is ranked better than
68.23% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.29 vs NSE:BUTTERFLY: 36.24

Butterfly Gandhimathi Appliances had a gross margin of 30.17% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Butterfly Gandhimathi Appliances was -3.10% per year.


Butterfly Gandhimathi Appliances Gross Margin % Historical Data

The historical data trend for Butterfly Gandhimathi Appliances'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.

Butterfly Gandhimathi Appliances Gross Margin % Chart

Butterfly Gandhimathi Appliances 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 42.13 41.52 33.29 36.77 36.24

Butterfly Gandhimathi Appliances 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 38.89 41.95 36.95 34.31 30.17

Competitive Comparison of Butterfly Gandhimathi Appliances's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Butterfly Gandhimathi Appliances'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.


Butterfly Gandhimathi Appliances's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Butterfly Gandhimathi Appliances's Gross Margin % falls into.



Butterfly Gandhimathi Appliances Gross Margin % Calculation

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

Butterfly Gandhimathi Appliances'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 )
=3375.2 / 9312.825
=(Revenue - Cost of Goods Sold) / Revenue
=(9312.825 - 5937.578) / 9312.825
=36.24 %

Butterfly Gandhimathi Appliances'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 )
=502 / 1663.82
=(Revenue - Cost of Goods Sold) / Revenue
=(1663.82 - 1161.794) / 1663.82
=30.17 %

* 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.


Butterfly Gandhimathi Appliances  (NSE:BUTTERFLY) 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

Butterfly Gandhimathi Appliances had a gross margin of 30.17% for the quarter that ended in Mar. 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.


Butterfly Gandhimathi Appliances Gross Margin % Related Terms

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Butterfly Gandhimathi Appliances (NSE:BUTTERFLY) Business Description

Traded in Other Exchanges
Address
Rajiv Gandhi Salai, E-34, Second Floor, Egattur Village, Chengalpet District, Navalur, Chennai, TN, IND, 600130
Butterfly Gandhimathi Appliances Ltd is a kitchen appliances company in India. The company is engaged in offering kitchen and electrical appliances, cookware, and other products. The company manufactures LPG Stoves, mixer grinders, tabletop wet grinders, power hobs, electrical rice cookers, chimneys, and stainless steel and aluminum pressure cookers among others.

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