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Indo Count Industries (NSE:ICIL) Gross Margin % : 52.10% (As of Dec. 2024)


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What is Indo Count Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Indo Count Industries's Gross Profit for the three months ended in Dec. 2024 was ₹6,000 Mil. Indo Count Industries's Revenue for the three months ended in Dec. 2024 was ₹11,515 Mil. Therefore, Indo Count Industries's Gross Margin % for the quarter that ended in Dec. 2024 was 52.10%.


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

NSE:ICIL' s Gross Margin % Range Over the Past 10 Years
Min: 29.62   Med: 35.74   Max: 52.39
Current: 46.89


During the past 13 years, the highest Gross Margin % of Indo Count Industries was 52.39%. The lowest was 29.62%. And the median was 35.74%.

NSE:ICIL's Gross Margin % is ranked better than
76.61% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.015 vs NSE:ICIL: 46.89

Indo Count Industries had a gross margin of 52.10% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indo Count Industries was 7.80% per year.


Indo Count Industries Gross Margin % Historical Data

The historical data trend for Indo Count Industries'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.

Indo Count Industries Gross Margin % Chart

Indo Count Industries 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 32.42 38.09 52.39 43.11 45.88

Indo Count Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 63.46 7.53 59.77 60.07 52.10

Competitive Comparison of Indo Count Industries's Gross Margin %

For the Textile Manufacturing subindustry, Indo Count Industries'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.


Indo Count Industries's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indo Count Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indo Count Industries's Gross Margin % falls into.


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Indo Count Industries Gross Margin % Calculation

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

Indo Count Industries'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 )
=15008.1 / 32714.535
=(Revenue - Cost of Goods Sold) / Revenue
=(32714.535 - 17706.427) / 32714.535
=45.88 %

Indo Count Industries's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=5999.9 / 11515.465
=(Revenue - Cost of Goods Sold) / Revenue
=(11515.465 - 5515.562) / 11515.465
=52.10 %

* 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.


Indo Count Industries  (NSE:ICIL) 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

Indo Count Industries had a gross margin of 52.10% for the quarter that ended in Dec. 2024 => Durable 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.


Indo Count Industries Gross Margin % Related Terms

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Indo Count Industries Business Description

Traded in Other Exchanges
Address
NCPA Marg, 301, 3rd Floor, Arcadia, Nariman Point, Mumbai, MH, IND, 400021
Indo Count Industries Ltd is an India-based company principally engaged in the manufacturing and sale of textile products. The company manufactures and exports bed sheets, bed linen, utility bedding, pillowcases, fashion bedding, institutional bedding, comforters, quilts, decorative pillows, etc. Its products are marketed through brands like Pure Earth, Boutique Living, Atlas, Simply Put, Linen Closet, The Pure Collection, and Heirlooms of India. The company operates in a single segment and derives a majority of its revenue by exporting its products to countries like the United States of America, UAE, the United Kingdom, and others.

Indo Count Industries Headlines

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