GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Schaeffler India Ltd (NSE:SCHAEFFLER) » Definitions » Gross Margin %

Schaeffler India (NSE:SCHAEFFLER) Gross Margin % : 37.86% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Schaeffler India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Schaeffler India's Gross Profit for the three months ended in Mar. 2024 was ₹7,091 Mil. Schaeffler India's Revenue for the three months ended in Mar. 2024 was ₹18,731 Mil. Therefore, Schaeffler India's Gross Margin % for the quarter that ended in Mar. 2024 was 37.86%.


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

NSE:SCHAEFFLER' s Gross Margin % Range Over the Past 10 Years
Min: 32.12   Med: 33.37   Max: 38.87
Current: 33.29


During the past 13 years, the highest Gross Margin % of Schaeffler India was 38.87%. The lowest was 32.12%. And the median was 33.37%.

NSE:SCHAEFFLER's Gross Margin % is ranked better than
80.63% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 19.67 vs NSE:SCHAEFFLER: 33.29

Schaeffler India had a gross margin of 37.86% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Schaeffler India was 0.70% per year.


Schaeffler India Gross Margin % Historical Data

The historical data trend for Schaeffler India'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.

Schaeffler India Gross Margin % Chart

Schaeffler India Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.12 33.34 32.67 33.21 33.39

Schaeffler India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.79 38.61 37.13 18.80 37.86

Competitive Comparison of Schaeffler India's Gross Margin %

For the Auto Parts subindustry, Schaeffler India'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.


Schaeffler India's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Schaeffler India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Schaeffler India's Gross Margin % falls into.



Schaeffler India Gross Margin % Calculation

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

Schaeffler India's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=23815.4 / 71319.3
=(Revenue - Cost of Goods Sold) / Revenue
=(71319.3 - 47503.9) / 71319.3
=33.39 %

Schaeffler India'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 )
=7091 / 18731.3
=(Revenue - Cost of Goods Sold) / Revenue
=(18731.3 - 11640.3) / 18731.3
=37.86 %

* 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.


Schaeffler India  (NSE:SCHAEFFLER) 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

Schaeffler India had a gross margin of 37.86% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Schaeffler India Gross Margin % Related Terms

Thank you for viewing the detailed overview of Schaeffler India's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Schaeffler India (NSE:SCHAEFFLER) Business Description

Traded in Other Exchanges
Address
Amar Sadanand Tech Park, 15th Floor, Plot No 3, Survey 105/3 104/1,Baner, Baner, Pune, MH, IND, 411045
Schaeffler India Ltd is engaged in the manufacturing of rolling bearings spherical plain bearings, plain bearings, and linear products under the product brands INA and FAG. The Company supplies its products to the automotive industry. The Aftermarket business division of the company automotive is responsible for the automotive aftermarket business. Under the LuK, INA and FAG brands, it supplies components for transmissions, engines, and chassis in original equipment manufacturer quality and for all vehicle classes. Comprehensive services for repair shops and automotive distributors round out the product range. It has three segments i.e Industrial, Automotive Technologies, and Automotive Aftermarket.

Schaeffler India (NSE:SCHAEFFLER) Headlines

No Headlines