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Dollex Agrotech (NSE:DOLLEX) Gross Margin % : 18.92% (As of Sep. 2023)


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What is Dollex Agrotech Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dollex Agrotech's Gross Profit for the six months ended in Sep. 2023 was ₹106 Mil. Dollex Agrotech's Revenue for the six months ended in Sep. 2023 was ₹561 Mil. Therefore, Dollex Agrotech's Gross Margin % for the quarter that ended in Sep. 2023 was 18.92%.


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

NSE:DOLLEX' s Gross Margin % Range Over the Past 10 Years
Min: 13.98   Med: 14.49   Max: 31.99
Current: 14.88


During the past 4 years, the highest Gross Margin % of Dollex Agrotech was 31.99%. The lowest was 13.98%. And the median was 14.49%.

NSE:DOLLEX's Gross Margin % is ranked worse than
73.3% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.32 vs NSE:DOLLEX: 14.88

Dollex Agrotech had a gross margin of 18.92% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dollex Agrotech was 0.00% per year.


Dollex Agrotech Gross Margin % Historical Data

The historical data trend for Dollex Agrotech'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.

Dollex Agrotech Gross Margin % Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
31.99 13.98 14.07 14.91

Dollex Agrotech Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial - - 38.37 12.62 18.92

Competitive Comparison of Dollex Agrotech's Gross Margin %

For the Confectioners subindustry, Dollex Agrotech'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.


Dollex Agrotech's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Dollex Agrotech's Gross Margin % falls into.



Dollex Agrotech Gross Margin % Calculation

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

Dollex Agrotech'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 )
=164.7 / 1104.497
=(Revenue - Cost of Goods Sold) / Revenue
=(1104.497 - 939.785) / 1104.497
=14.91 %

Dollex Agrotech'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 )
=106.2 / 561.194
=(Revenue - Cost of Goods Sold) / Revenue
=(561.194 - 455.037) / 561.194
=18.92 %

* 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.


Dollex Agrotech  (NSE:DOLLEX) 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

Dollex Agrotech had a gross margin of 18.92% for the quarter that ended in Sep. 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.


Dollex Agrotech Gross Margin % Related Terms

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Dollex Agrotech (NSE:DOLLEX) Business Description

Traded in Other Exchanges
N/A
Address
19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

Dollex Agrotech (NSE:DOLLEX) Headlines

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