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Foce India (NSE:FOCE) Gross Margin % : 28.71% (As of Mar. 2024)


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What is Foce India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Foce India's Gross Profit for the six months ended in Mar. 2024 was ₹215.3 Mil. Foce India's Revenue for the six months ended in Mar. 2024 was ₹749.9 Mil. Therefore, Foce India's Gross Margin % for the quarter that ended in Mar. 2024 was 28.71%.


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

NSE:FOCE' s Gross Margin % Range Over the Past 10 Years
Min: 5   Med: 6.86   Max: 27.87
Current: 27.87


During the past 6 years, the highest Gross Margin % of Foce India was 27.87%. The lowest was 5.00%. And the median was 6.86%.

NSE:FOCE's Gross Margin % is ranked worse than
67.45% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 36.89 vs NSE:FOCE: 27.87

Foce India had a gross margin of 28.71% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Foce India was 44.80% per year.


Foce India Gross Margin % Historical Data

The historical data trend for Foce India'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.

Foce India Gross Margin % Chart

Foce India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 6.22 5.24 7.50 23.72 27.87

Foce India Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only 10.81 17.08 24.98 15.79 28.71

Competitive Comparison of Foce India's Gross Margin %

For the Luxury Goods subindustry, Foce India'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.


Foce India's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Foce India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Foce India's Gross Margin % falls into.


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Foce India Gross Margin % Calculation

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

Foce India'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 )
=223.6 / 802.502
=(Revenue - Cost of Goods Sold) / Revenue
=(802.502 - 578.878) / 802.502
=27.87 %

Foce India'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 )
=215.3 / 749.891
=(Revenue - Cost of Goods Sold) / Revenue
=(749.891 - 534.573) / 749.891
=28.71 %

* 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.


Foce India  (NSE:FOCE) 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

Foce India had a gross margin of 28.71% 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.


Foce India Gross Margin % Related Terms

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Foce India Business Description

Traded in Other Exchanges
N/A
Address
4, Kingston, Shastri Nagar, Lokhandwala Complex, Andheri (West), Mumbai, MH, IND, 400053
Foce India Ltd is engaged in the business of supply, distribution, and retailing of various types of wristwatches such as Analog, Digital, Chronograph, Designer and Man's accessories. The company geographically operates within India.

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