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Ganesh Green Bharat (NSE:GGBL) Gross Margin % : 24.06% (As of Sep. 2024)


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What is Ganesh Green Bharat Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ganesh Green Bharat's Gross Profit for the six months ended in Sep. 2024 was ₹332 Mil. Ganesh Green Bharat's Revenue for the six months ended in Sep. 2024 was ₹1,378 Mil. Therefore, Ganesh Green Bharat's Gross Margin % for the quarter that ended in Sep. 2024 was 24.06%.


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

NSE:GGBL' s Gross Margin % Range Over the Past 10 Years
Min: 17.09   Med: 18.57   Max: 25.15
Current: 21.28


During the past 3 years, the highest Gross Margin % of Ganesh Green Bharat was 25.15%. The lowest was 17.09%. And the median was 18.57%.

NSE:GGBL's Gross Margin % is ranked worse than
65.23% of 995 companies
in the Semiconductors industry
Industry Median: 29.47 vs NSE:GGBL: 21.28

Ganesh Green Bharat had a gross margin of 24.06% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ganesh Green Bharat was 0.00% per year.


Ganesh Green Bharat Gross Margin % Historical Data

The historical data trend for Ganesh Green Bharat'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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Ganesh Green Bharat Gross Margin % Chart

Ganesh Green Bharat Annual Data
Trend Mar22 Mar23 Mar24
Gross Margin %
17.09 18.57 25.15

Ganesh Green Bharat Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Gross Margin % - - 38.94 17.79 24.06

Competitive Comparison of Ganesh Green Bharat's Gross Margin %

For the Solar subindustry, Ganesh Green Bharat'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.


Ganesh Green Bharat's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ganesh Green Bharat's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ganesh Green Bharat's Gross Margin % falls into.


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Ganesh Green Bharat Gross Margin % Calculation

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

Ganesh Green Bharat'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 )
=424.7 / 1688.785
=(Revenue - Cost of Goods Sold) / Revenue
=(1688.785 - 1264.095) / 1688.785
=25.15 %

Ganesh Green Bharat'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 )
=331.7 / 1378.273
=(Revenue - Cost of Goods Sold) / Revenue
=(1378.273 - 1046.605) / 1378.273
=24.06 %

* 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.


Ganesh Green Bharat  (NSE:GGBL) 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

Ganesh Green Bharat had a gross margin of 24.06% 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.


Ganesh Green Bharat Gross Margin % Related Terms

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Ganesh Green Bharat Business Description

Traded in Other Exchanges
N/A
Address
S.G. Highway, G-201 & F-202, S.G. Business Hub, Near Gota Flyover, Gota, Ahmedabad, GJ, IND, 382470
Ganesh Green Bharat Ltd are providing comprehensive portfolios in the field of supply, installation, testing and commissioning (SITC) of solar and electrical goods and services to various government bodies. It has projects under various schemes of Central and State Government like - Saubhagya Scheme, KUSUM Scheme, Saur Sujla Yojna. The company also forayed into the business of designing, construction, installation and operation and maintenance of Water Supply Scheme Projects like the Mukhya Mantri Nishchay Quality Affected Yojna, Har Ghar Jal (Jal Jeevan Mission) etc.

Ganesh Green Bharat Headlines