Pincon Spirit (NSE:PINCON) Gross Margin %: 10.20% (As of Sep. 2017)


What is Pincon Spirit Gross Margin %?

Pincon Spirit NSE:PINCON Gross Margin % is 10.20% as of Sep. 2017.

Gross Margin % is calculated as gross profit divided by its revenue. Pincon Spirit's Gross Profit for the six months ended in Sep. 2017 was ₹910 Mil. Pincon Spirit's Revenue for the six months ended in Sep. 2017 was ₹8,926 Mil. Therefore, Pincon Spirit's Gross Margin % for the quarter that ended in Sep. 2017 was 10.20%.


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


NSE:PINCON's Gross Margin % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 42.29
* Ranked among companies with meaningful Gross Margin % only.

Pincon Spirit had a gross margin of 10.20% for the quarter that ended in Sep. 2017 => No sustainable competitive advantage

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


Pincon Spirit  (NSE:PINCON) 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

Pincon Spirit had a gross margin of 10.20% for the quarter that ended in Sep. 2017 => 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.


Pincon Spirit Gross Margin % Related Terms


Pincon Spirit Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pincon Spirit'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.

Pincon Spirit Gross Margin % Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Gross Margin %
7.89 7.38 8.04 8.13

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Gross Margin % Get a 7-Day Free Trial 0.00 0.00 10.69 6.42 10.20

NSE:PINCON vs THST, JCTG, VDKB: Gross Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Pincon Spirit'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.


Pincon Spirit Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Pincon Spirit's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pincon Spirit's Gross Margin % falls into.



Pincon Spirit Gross Margin % Calculation

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

Pincon Spirit's Gross Margin for the fiscal year that ended in Mar. 2017 is calculated as

Gross Margin % (A: Mar. 2017 )=Gross Profit (A: Mar. 2017 ) / Revenue (A: Mar. 2017 )
=1270 / 15617.238
=(Revenue - Cost of Goods Sold) / Revenue
=(15617.238 - 14347.219) / 15617.238
=8.13 %

Pincon Spirit's Gross Margin for the quarter that ended in Sep. 2017 is calculated as


Gross Margin % (Q: Sep. 2017 )=Gross Profit (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=910.3 / 8925.656
=(Revenue - Cost of Goods Sold) / Revenue
=(8925.656 - 8015.36) / 8925.656
=10.20 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 10.20% mean?
Pincon Spirit (NSE:PINCON) has a Gross Margin % of 10.20% as of Sep. 2017. Gross margin is the ratio of total gross profit to net sales. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Gross Margin % too high?
Pincon Spirit's current Gross Margin % is 10.20%. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Pincon Spirit's value of 10.20% is 75.9% below this industry median.
How does Pincon Spirit's Gross Margin % compare to THST and JCTG?
Pincon Spirit's Gross Margin % of 10.20% can be compared against companies in the Beverages - Alcoholic industry. The industry median Gross Margin % is 42.29. Pincon Spirit's value of 10.20% is 75.9% 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 205 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. Pincon Spirit's current Gross Margin % of 10.20% is 75.9% 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 Pincon Spirit and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pincon Spirit's current Gross Margin % is 10.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Gross Margin % of 10.20%. The current Gross Margin % is 10.20% and 75.9% below the Beverages - Alcoholic industry median of 42.29. 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 Pincon Spirit (NSE:PINCON), the current Gross Margin % is 10.20% as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.