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Prism Johnson (NSE:PRSMJOHNSN) Gross Margin % : 41.61% (As of Dec. 2023)


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What is Prism Johnson Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Prism Johnson's Gross Profit for the three months ended in Dec. 2023 was ₹7,134 Mil. Prism Johnson's Revenue for the three months ended in Dec. 2023 was ₹17,145 Mil. Therefore, Prism Johnson's Gross Margin % for the quarter that ended in Dec. 2023 was 41.61%.


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

NSE:PRSMJOHNSN' s Gross Margin % Range Over the Past 10 Years
Min: 32.75   Med: 40.08   Max: 62.79
Current: 62.79


During the past 13 years, the highest Gross Margin % of Prism Johnson was 62.79%. The lowest was 32.75%. And the median was 40.08%.

NSE:PRSMJOHNSN's Gross Margin % is ranked better than
91.44% of 374 companies
in the Building Materials industry
Industry Median: 24.685 vs NSE:PRSMJOHNSN: 62.79

Prism Johnson had a gross margin of 41.61% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Prism Johnson was 10.60% per year.


Prism Johnson Gross Margin % Historical Data

The historical data trend for Prism Johnson'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.

Prism Johnson Gross Margin % Chart

Prism Johnson Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.56 42.14 43.78 60.86 61.44

Prism Johnson Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.63 119.10 41.35 38.76 41.61

Competitive Comparison of Prism Johnson's Gross Margin %

For the Building Materials subindustry, Prism Johnson'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.


Prism Johnson's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Prism Johnson's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Prism Johnson's Gross Margin % falls into.



Prism Johnson Gross Margin % Calculation

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

Prism Johnson's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=44611.4 / 72614.9
=(Revenue - Cost of Goods Sold) / Revenue
=(72614.9 - 28003.5) / 72614.9
=61.44 %

Prism Johnson's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=7133.9 / 17145.3
=(Revenue - Cost of Goods Sold) / Revenue
=(17145.3 - 10011.4) / 17145.3
=41.61 %

* 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.


Prism Johnson  (NSE:PRSMJOHNSN) 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

Prism Johnson had a gross margin of 41.61% for the quarter that ended in Dec. 2023 => 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.


Prism Johnson Gross Margin % Related Terms

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Prism Johnson (NSE:PRSMJOHNSN) Business Description

Traded in Other Exchanges
Address
Vallabhai Patel Road, 2nd Floor, Rahejas, Main Avenue, Santacruz (West), Mumbai, MH, IND, 400 054
Prism Johnson Ltd is an integrated building materials company that makes cement products. Prism creates Portland pozzolana cement and sells it under multiple brand names that include Champion, Hi-Tech, and DuraTech. Prism operates two subsidiaries that supplement its core cement offerings: H&R Johnson and RMC Readymix. H&R Johnson builds sanitary products and ceramic tiles for kitchens and bathrooms. RMC Readymix sells ready-mixed concrete under brand names that include Enviroprotectcrete, Thermocrete, and Dycrete. It has three business segments Cement; Tile and Bath (HRJ) and Ready Mixed Concrete (RMC). The company generates the vast majority of its revenue in India.

Prism Johnson (NSE:PRSMJOHNSN) Headlines

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