The historical rank and industry rank for Lead Reclaim and Rubber Products's Gross Margin % or its related term are showing as below:
NSE:LRRPL's Gross Margin % is not ranked *
in the Chemicals industry.
Industry Median: 23.36 * Ranked among companies with meaningful Gross Margin % only.
Lead Reclaim and Rubber Products had a gross margin of 20.21% for the quarter that ended in Mar. 2024 => Competition eroding margins
Lead Reclaim and Rubber Products (NSE:LRRPL) 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
Lead Reclaim and Rubber Products had a gross margin of 20.21% 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.
Lead Reclaim and Rubber Products Gross Margin % Related Terms
Lead Reclaim and Rubber Products Gross Margin % Historical Data
* 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.
Lead Reclaim and Rubber Products Gross Margin % Chart
NSE:LRRPL vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, Lead Reclaim and Rubber Products'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.
Lead Reclaim and Rubber Products Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Lead Reclaim and Rubber Products's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Lead Reclaim and Rubber Products's Gross Margin % falls into.
* 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.
Lead Reclaim and Rubber Products (NSE:LRRPL) has a Gross Margin % of 20.21% as of Mar. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Lead Reclaim and Rubber Products and its competitors.
Is Lead Reclaim and Rubber Products' Gross Margin % too high?
Lead Reclaim and Rubber Products' current Gross Margin % is 20.21%. The Chemicals industry median Gross Margin % is 23.36. Lead Reclaim and Rubber Products' value of 20.21% is 13.5% below this industry median. Overall, Lead Reclaim and Rubber Products has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Lead Reclaim and Rubber Products' Gross Margin % compare to LIN and SHW?
Lead Reclaim and Rubber Products' Gross Margin % of 20.21% can be compared against companies in the Chemicals industry. The industry median Gross Margin % is 23.36. Lead Reclaim and Rubber Products' value of 20.21% is 13.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.36, based on 1,560 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lead Reclaim and Rubber Products's current Gross Margin % of 20.21% is 13.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Lead Reclaim and Rubber Products and its competitors. For the Chemicals industry, the median Gross Margin % is 23.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lead Reclaim and Rubber Products's current Gross Margin % is 20.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Reclaim and Rubber Products stock overvalued right now?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a current Gross Margin % of 20.21%. The current Gross Margin % is 20.21% and 13.5% below the Chemicals industry median of 23.36. Lead Reclaim and Rubber Products' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Lead Reclaim and Rubber Products (NSE:LRRPL), the current Gross Margin % is 20.21% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Lead Reclaim and Rubber Products Business Description
Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.
14GF Score
Get the complete analysis for NSE:LRRPL
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LRRPL has been successfully added to your 