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Shiv Aum Steels (NSE:SHIVAUM) Gross Margin % : 5.72% (As of Sep. 2023)


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What is Shiv Aum Steels Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shiv Aum Steels's Gross Profit for the six months ended in Sep. 2023 was ₹159 Mil. Shiv Aum Steels's Revenue for the six months ended in Sep. 2023 was ₹2,788 Mil. Therefore, Shiv Aum Steels's Gross Margin % for the quarter that ended in Sep. 2023 was 5.72%.


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

NSE:SHIVAUM' s Gross Margin % Range Over the Past 10 Years
Min: 4.82   Med: 7.33   Max: 8.77
Current: 5.49


During the past 7 years, the highest Gross Margin % of Shiv Aum Steels was 8.77%. The lowest was 4.82%. And the median was 7.33%.

NSE:SHIVAUM's Gross Margin % is not ranked
in the Steel industry.
Industry Median: 13.01 vs NSE:SHIVAUM: 5.49

Shiv Aum Steels had a gross margin of 5.72% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shiv Aum Steels was 3.20% per year.


Shiv Aum Steels Gross Margin % Historical Data

The historical data trend for Shiv Aum Steels'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.

Shiv Aum Steels Gross Margin % Chart

Shiv Aum Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 4.82 6.62 7.28 8.77 7.43

Shiv Aum Steels Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.25 8.37 9.85 5.24 5.72

Competitive Comparison of Shiv Aum Steels's Gross Margin %

For the Steel subindustry, Shiv Aum Steels'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.


Shiv Aum Steels's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shiv Aum Steels's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shiv Aum Steels's Gross Margin % falls into.



Shiv Aum Steels Gross Margin % Calculation

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

Shiv Aum Steels'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 )
=368.3 / 4959.27
=(Revenue - Cost of Goods Sold) / Revenue
=(4959.27 - 4590.948) / 4959.27
=7.43 %

Shiv Aum Steels's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=159.4 / 2788.224
=(Revenue - Cost of Goods Sold) / Revenue
=(2788.224 - 2628.798) / 2788.224
=5.72 %

* 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.


Shiv Aum Steels  (NSE:SHIVAUM) 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

Shiv Aum Steels had a gross margin of 5.72% for the quarter that ended in Sep. 2023 => 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.


Shiv Aum Steels Gross Margin % Related Terms

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


Shiv Aum Steels (NSE:SHIVAUM) Business Description

Traded in Other Exchanges
N/A
Address
Western Express Way, A.K. Road, Office No. 515, The Summit Business Bay, Opposite PVR Cinemas, Andheri (East), Mumbai, MH, IND, 400093
Shiv Aum Steels Ltd is engaged in trading mild steel products such as beams, angles, plates, channels, coils, and Thermo mechanically treated (TMT) bars. It operates as a trader, stockist, and distributor of steel products. The product offerings range from different types of Beams, Angles, Channels, TMT Bars, Rails, Sheets, Plates, and Coils including various sub-categories of the said products like I-beam, H-beam, L-shaped angles, T-shaped angles, C-channels and Sheets and Plates of varied thickness and dimensions. The company derives revenue from rendering of the engineering consultancy services.

Shiv Aum Steels (NSE:SHIVAUM) Headlines

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