Proventus Agrocom (NSE:PROV) Gross Margin % : 8.67% (As of Mar. 2024)

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What is Proventus Agrocom Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Proventus Agrocom's Gross Profit for the six months ended in Mar. 2024 was ₹257 Mil. Proventus Agrocom's Revenue for the six months ended in Mar. 2024 was ₹2,965 Mil. Therefore, Proventus Agrocom's Gross Margin % for the quarter that ended in Mar. 2024 was 8.67%.

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

NSE:PROV' s Gross Margin % Range Over the Past 10 Years
Min: 0.91 Med: 4.96 Max: 9.63
Current: 8.46

During the past 5 years, the highest Gross Margin % of Proventus Agrocom was 9.63%. The lowest was 0.91%. And the median was 4.96%.

NSE:PROV's Gross Margin % is ranked worse than
86.59% of 1805 companies
in the Consumer Packaged Goods industry
Industry Median: 25.34 vs NSE:PROV: 8.46

Proventus Agrocom had a gross margin of 8.67% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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

Proventus Agrocom Gross Margin % Historical Data

The historical data trend for Proventus Agrocom'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.

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Proventus Agrocom Gross Margin % Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Margin %

0.91

4.96

4.31

9.63

8.46

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Gross Margin %	Get a 7-Day Free Trial			-	-	-	8.15	8.67

Competitive Comparison of Proventus Agrocom's Gross Margin %

For the Packaged Foods subindustry, Proventus Agrocom'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.

Proventus Agrocom's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Proventus Agrocom's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Proventus Agrocom's Gross Margin % falls into.

Proventus Agrocom Gross Margin % Calculation

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

Proventus Agrocom'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 )
	=	420.6	/	4970.266
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4970.266 - 4549.683)	/	4970.266
	=	8.46 %

Proventus Agrocom's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	257.1	/	2964.793
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2964.793 - 2707.692)	/	2964.793
	=	8.67 %

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.

Proventus Agrocom (NSE:PROV) 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

Proventus Agrocom had a gross margin of 8.67% for the quarter that ended in Mar. 2024 => 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.

Proventus Agrocom Gross Margin % Related Terms

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Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.