Milton Industries (NSE:MILTON) Gross Margin % : 30.99% (As of Mar. 2022)

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What is Milton Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Milton Industries's Gross Profit for the six months ended in Mar. 2022 was ₹182.9 Mil. Milton Industries's Revenue for the six months ended in Mar. 2022 was ₹590.1 Mil. Therefore, Milton Industries's Gross Margin % for the quarter that ended in Mar. 2022 was 30.99%.

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

NSE:MILTON's Gross Margin % is not ranked ^*
in the Forest Products industry.
Industry Median: 19.9
* Ranked among companies with meaningful Gross Margin % only.

Milton Industries had a gross margin of 30.99% for the quarter that ended in Mar. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Milton Industries was 0.00% per year.

Milton Industries Gross Margin % Historical Data

The historical data trend for Milton 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.

Milton Industries Gross Margin % Chart

Milton Industries Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Gross Margin %

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32.51

27.24

33.28

41.93

30.99

Milton Industries Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22
Gross Margin %	Get a 7-Day Free Trial					32.51	27.24	33.28	41.93	30.99

Competitive Comparison of Milton Industries's Gross Margin %

For the Lumber & Wood Production subindustry, Milton 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.

Milton Industries's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Milton Industries's Gross Margin % distribution charts can be found below:

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

Milton Industries Gross Margin % Calculation

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

Milton Industries's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )	=	Gross Profit (A: Mar. 2022 )	/	Revenue (A: Mar. 2022 )
	=	182.9	/	590.07
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(590.07 - 407.182)	/	590.07
	=	30.99 %

Milton Industries's Gross Margin for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )	=	Gross Profit (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	182.9	/	590.07
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(590.07 - 407.182)	/	590.07
	=	30.99 %

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.

Milton Industries (NSE:MILTON) 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

Milton Industries had a gross margin of 30.99% for the quarter that ended in Mar. 2022 => 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.

Milton Industries Gross Margin % Related Terms

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Milton Industries (NSE:MILTON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Milton Industries Ltd (NSE:MILTON) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009

Website

https://www.miltonindustries.in

Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens. The majority of the revenue comes from the Indian market.

Milton Industries (NSE:MILTON) Headlines

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