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Sarda Energy & Minerals (NSE:SARDAEN) Gross Margin % : 46.26% (As of Sep. 2024)


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What is Sarda Energy & Minerals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sarda Energy & Minerals's Gross Profit for the three months ended in Sep. 2024 was ₹5,326 Mil. Sarda Energy & Minerals's Revenue for the three months ended in Sep. 2024 was ₹11,513 Mil. Therefore, Sarda Energy & Minerals's Gross Margin % for the quarter that ended in Sep. 2024 was 46.26%.


The historical rank and industry rank for Sarda Energy & Minerals's Gross Margin % or its related term are showing as below:

NSE:SARDAEN' s Gross Margin % Range Over the Past 10 Years
Min: 25.67   Med: 30.26   Max: 46.3
Current: 35.92


During the past 13 years, the highest Gross Margin % of Sarda Energy & Minerals was 46.30%. The lowest was 25.67%. And the median was 30.26%.

NSE:SARDAEN's Gross Margin % is ranked better than
91.15% of 599 companies
in the Steel industry
Industry Median: 11.78 vs NSE:SARDAEN: 35.92

Sarda Energy & Minerals had a gross margin of 46.26% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sarda Energy & Minerals was 4.20% per year.


Sarda Energy & Minerals Gross Margin % Historical Data

The historical data trend for Sarda Energy & Minerals'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.

Sarda Energy & Minerals Gross Margin % Chart

Sarda Energy & Minerals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.78 32.27 46.30 35.42 31.30

Sarda Energy & Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 40.37 38.00 9.96 45.74 46.26

Competitive Comparison of Sarda Energy & Minerals's Gross Margin %

For the Steel subindustry, Sarda Energy & Minerals'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.


Sarda Energy & Minerals's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sarda Energy & Minerals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sarda Energy & Minerals's Gross Margin % falls into.



Sarda Energy & Minerals Gross Margin % Calculation

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

Sarda Energy & Minerals'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 )
=11967.3 / 38229.5
=(Revenue - Cost of Goods Sold) / Revenue
=(38229.5 - 26262.2) / 38229.5
=31.30 %

Sarda Energy & Minerals'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 )
=5326.4 / 11513.4
=(Revenue - Cost of Goods Sold) / Revenue
=(11513.4 - 6187) / 11513.4
=46.26 %

* 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.


Sarda Energy & Minerals  (NSE:SARDAEN) 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

Sarda Energy & Minerals had a gross margin of 46.26% for the quarter that ended in Sep. 2024 => 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.


Sarda Energy & Minerals Gross Margin % Related Terms

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Sarda Energy & Minerals Business Description

Traded in Other Exchanges
Address
Industrial Growth Center, Siltara, Raipur, CT, IND, 493 111
Sarda Energy & Minerals Ltd is an Indian based company engaged in producing steel and ferroalloys. Business activity of the firm is functioned through Steel, Ferro Alloys, and Power segments. It generates a majority of its revenue from the Steel segment. The company's products include sponge iron, billets, ingots, TMT bars, ferroalloys, eco-bricks, and pellets, as well as wire rods/HB wires. Geographically all the business activity is functioned through the regions of India.

Sarda Energy & Minerals Headlines

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