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Gokul Refoils & Solvent (NSE:GOKUL) Gross Margin % : 4.67% (As of Mar. 2024)


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What is Gokul Refoils & Solvent Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gokul Refoils & Solvent's Gross Profit for the three months ended in Mar. 2024 was ₹325 Mil. Gokul Refoils & Solvent's Revenue for the three months ended in Mar. 2024 was ₹6,968 Mil. Therefore, Gokul Refoils & Solvent's Gross Margin % for the quarter that ended in Mar. 2024 was 4.67%.


The historical rank and industry rank for Gokul Refoils & Solvent's Gross Margin % or its related term are showing as below:

NSE:GOKUL' s Gross Margin % Range Over the Past 10 Years
Min: 3.3   Med: 4.24   Max: 7.6
Current: 4.83


During the past 13 years, the highest Gross Margin % of Gokul Refoils & Solvent was 7.60%. The lowest was 3.30%. And the median was 4.24%.

NSE:GOKUL's Gross Margin % is ranked worse than
92.18% of 1815 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs NSE:GOKUL: 4.83

Gokul Refoils & Solvent had a gross margin of 4.67% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gokul Refoils & Solvent was 6.60% per year.


Gokul Refoils & Solvent Gross Margin % Historical Data

The historical data trend for Gokul Refoils & Solvent'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.

Gokul Refoils & Solvent Gross Margin % Chart

Gokul Refoils & Solvent 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 3.32 4.16 3.30 5.27 4.83

Gokul Refoils & Solvent 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 4.10 5.59 4.55 4.74 4.67

Competitive Comparison of Gokul Refoils & Solvent's Gross Margin %

For the Packaged Foods subindustry, Gokul Refoils & Solvent'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.


Gokul Refoils & Solvent's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gokul Refoils & Solvent's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gokul Refoils & Solvent's Gross Margin % falls into.



Gokul Refoils & Solvent Gross Margin % Calculation

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

Gokul Refoils & Solvent'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 )
=1459.3 / 30198.657
=(Revenue - Cost of Goods Sold) / Revenue
=(30198.657 - 28739.341) / 30198.657
=4.83 %

Gokul Refoils & Solvent'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 )
=325.5 / 6968.452
=(Revenue - Cost of Goods Sold) / Revenue
=(6968.452 - 6642.991) / 6968.452
=4.67 %

* 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.


Gokul Refoils & Solvent  (NSE:GOKUL) 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

Gokul Refoils & Solvent had a gross margin of 4.67% for the quarter that ended in Mar. 2024 => 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.


Gokul Refoils & Solvent Gross Margin % Related Terms

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Gokul Refoils & Solvent (NSE:GOKUL) Business Description

Traded in Other Exchanges
Address
Near Tapovan Circle, Gandhinagar Highway, Office No. 501, Fifth Floor, Block A, Gokul Pratham, Ahmedabad, GJ, IND, 382424
Gokul Refoils & Solvent Ltd is an India-based company engaged in agro-based commodities. It is engaged in the business of seed processing, solvent extraction, and refining of edible oils such as soya bean oil, cottonseed oil, palm oil (palm olein), sunflower oil, mustard oil, groundnut oil, vanaspati, and industrial oil such as castor oil. The company has one operating segment, which is dealing in edible-non-edible oils and related activities.

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