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Purv Flexipack (NSE:PURVFLEXI) Gross Margin % : 12.23% (As of Sep. 2024)


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What is Purv Flexipack Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Purv Flexipack's Gross Profit for the six months ended in Sep. 2024 was ₹216 Mil. Purv Flexipack's Revenue for the six months ended in Sep. 2024 was ₹1,765 Mil. Therefore, Purv Flexipack's Gross Margin % for the quarter that ended in Sep. 2024 was 12.23%.


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

NSE:PURVFLEXI' s Gross Margin % Range Over the Past 10 Years
Min: 10.14   Med: 11.94   Max: 15.77
Current: 11.98


During the past 4 years, the highest Gross Margin % of Purv Flexipack was 15.77%. The lowest was 10.14%. And the median was 11.94%.

NSE:PURVFLEXI's Gross Margin % is ranked worse than
85.04% of 381 companies
in the Packaging & Containers industry
Industry Median: 21.32 vs NSE:PURVFLEXI: 11.98

Purv Flexipack had a gross margin of 12.23% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


Purv Flexipack Gross Margin % Historical Data

The historical data trend for Purv Flexipack'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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Purv Flexipack Gross Margin % Chart

Purv Flexipack Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Margin %
15.77 11.05 10.14 12.82

Purv Flexipack Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Gross Margin % Get a 7-Day Free Trial - - 13.95 11.65 12.23

Competitive Comparison of Purv Flexipack's Gross Margin %

For the Packaging & Containers subindustry, Purv Flexipack'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.


Purv Flexipack's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Purv Flexipack's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Purv Flexipack's Gross Margin % falls into.


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Purv Flexipack Gross Margin % Calculation

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

Purv Flexipack'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 )
=337.3 / 2630.801
=(Revenue - Cost of Goods Sold) / Revenue
=(2630.801 - 2293.474) / 2630.801
=12.82 %

Purv Flexipack's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=215.8 / 1765.404
=(Revenue - Cost of Goods Sold) / Revenue
=(1765.404 - 1549.582) / 1765.404
=12.23 %

* 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.


Purv Flexipack  (NSE:PURVFLEXI) 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

Purv Flexipack had a gross margin of 12.23% for the quarter that ended in Sep. 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.


Purv Flexipack Gross Margin % Related Terms

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Purv Flexipack Business Description

Traded in Other Exchanges
N/A
Address
23 Sarat Bose Road, Annapurna Apartment, Suit 1C, 1st Floor, Kolkata, WB, IND, 700020
Purv Flexipack Ltd is a company mainly engaged in the distribution of various plastic-based products such as Biaxially Oriented Polypropylene (BOPP) film, Polyester Films, Cast Polypropylene (CPP) films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide. The company is a dealer of various companies for distribution of plastic based products.

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