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Manomay Tex India (NSE:MANOMAY) Gross Margin % : 43.26% (As of Dec. 2024)


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What is Manomay Tex India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Manomay Tex India's Gross Profit for the three months ended in Dec. 2024 was ₹804 Mil. Manomay Tex India's Revenue for the three months ended in Dec. 2024 was ₹1,859 Mil. Therefore, Manomay Tex India's Gross Margin % for the quarter that ended in Dec. 2024 was 43.26%.


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

NSE:MANOMAY' s Gross Margin % Range Over the Past 10 Years
Min: 6.99   Med: 10.47   Max: 27.54
Current: 23.09


During the past 13 years, the highest Gross Margin % of Manomay Tex India was 27.54%. The lowest was 6.99%. And the median was 10.47%.

NSE:MANOMAY's Gross Margin % is ranked worse than
53.62% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.015 vs NSE:MANOMAY: 23.09

Manomay Tex India had a gross margin of 43.26% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Manomay Tex India was 4.00% per year.


Manomay Tex India Gross Margin % Historical Data

The historical data trend for Manomay Tex 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.

Manomay Tex India Gross Margin % Chart

Manomay Tex India 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 10.82 11.98 12.65 10.11 13.20

Manomay Tex India Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 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 43.24 -40.03 43.08 43.81 43.26

Competitive Comparison of Manomay Tex India's Gross Margin %

For the Textile Manufacturing subindustry, Manomay Tex 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.


Manomay Tex India's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Manomay Tex India Gross Margin % Calculation

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

Manomay Tex 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 )
=745.5 / 5649.647
=(Revenue - Cost of Goods Sold) / Revenue
=(5649.647 - 4904.145) / 5649.647
=13.20 %

Manomay Tex India'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 )
=804.1 / 1858.884
=(Revenue - Cost of Goods Sold) / Revenue
=(1858.884 - 1054.761) / 1858.884
=43.26 %

* 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.


Manomay Tex India  (NSE:MANOMAY) 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

Manomay Tex India had a gross margin of 43.26% 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.


Manomay Tex India Gross Margin % Related Terms

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Manomay Tex India Business Description

Traded in Other Exchanges
Address
Pur Road, 32, Heera Panna Market, Bhilwara, RJ, IND, 311001
Manomay Tex India Ltd is an Indian company engaged in trading and manufacturing of Denim textile fabrics. The company offers its products under the brand name Manomay within the Indian and international market. It generates a majority of its revenue within India.

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