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Cochin Shipyard (NSE:COCHINSHIP) Gross Margin % : 22.05% (As of Sep. 2024)


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What is Cochin Shipyard Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cochin Shipyard's Gross Profit for the three months ended in Sep. 2024 was ₹2,521 Mil. Cochin Shipyard's Revenue for the three months ended in Sep. 2024 was ₹11,432 Mil. Therefore, Cochin Shipyard's Gross Margin % for the quarter that ended in Sep. 2024 was 22.05%.

Warning Sign:

Cochin Shipyard Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.9%.


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

NSE:COCHINSHIP' s Gross Margin % Range Over the Past 10 Years
Min: -3.12   Med: 24.35   Max: 31.25
Current: 26.17


During the past 13 years, the highest Gross Margin % of Cochin Shipyard was 31.25%. The lowest was -3.12%. And the median was 24.35%.

NSE:COCHINSHIP's Gross Margin % is ranked better than
51.17% of 299 companies
in the Aerospace & Defense industry
Industry Median: 26.01 vs NSE:COCHINSHIP: 26.17

Cochin Shipyard had a gross margin of 22.05% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cochin Shipyard was -4.90% per year.


Cochin Shipyard Gross Margin % Historical Data

The historical data trend for Cochin Shipyard'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.

Cochin Shipyard Gross Margin % Chart

Cochin Shipyard 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 26.03 31.25 22.93 15.07 26.05

Cochin Shipyard Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.44 34.05 21.43 28.88 22.05

Competitive Comparison of Cochin Shipyard's Gross Margin %

For the Aerospace & Defense subindustry, Cochin Shipyard'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.


Cochin Shipyard's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cochin Shipyard's Gross Margin % falls into.



Cochin Shipyard Gross Margin % Calculation

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

Cochin Shipyard'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 )
=9771.9 / 37510.069
=(Revenue - Cost of Goods Sold) / Revenue
=(37510.069 - 27738.13) / 37510.069
=26.05 %

Cochin Shipyard's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2520.7 / 11431.977
=(Revenue - Cost of Goods Sold) / Revenue
=(11431.977 - 8911.327) / 11431.977
=22.05 %

* 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.


Cochin Shipyard  (NSE:COCHINSHIP) 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

Cochin Shipyard had a gross margin of 22.05% for the quarter that ended in Sep. 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.


Cochin Shipyard Gross Margin % Related Terms

Thank you for viewing the detailed overview of Cochin Shipyard's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cochin Shipyard Business Description

Traded in Other Exchanges
Address
Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.

Cochin Shipyard Headlines

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