Silkflex Polymers (India) (NSE:SILKFLEX) Gross Margin % : 27.66% (As of Sep. 2024)

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What is Silkflex Polymers (India) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Silkflex Polymers (India)'s Gross Profit for the six months ended in Sep. 2024 was ₹97.2 Mil. Silkflex Polymers (India)'s Revenue for the six months ended in Sep. 2024 was ₹351.5 Mil. Therefore, Silkflex Polymers (India)'s Gross Margin % for the quarter that ended in Sep. 2024 was 27.66%.

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

NSE:SILKFLEX' s Gross Margin % Range Over the Past 10 Years
Min: 25.81 Med: 27.04 Max: 31.28
Current: 27.67

During the past 3 years, the highest Gross Margin % of Silkflex Polymers (India) was 31.28%. The lowest was 25.81%. And the median was 27.04%.

NSE:SILKFLEX's Gross Margin % is ranked better than
63.39% of 1524 companies
in the Chemicals industry
Industry Median: 22.24 vs NSE:SILKFLEX: 27.67

Silkflex Polymers (India) had a gross margin of 27.66% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Silkflex Polymers (India) was 0.00% per year.

Silkflex Polymers (India) Gross Margin % Historical Data

The historical data trend for Silkflex Polymers (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.

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Silkflex Polymers (India) Gross Margin % Chart

Silkflex Polymers (India) Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

25.81

31.28

27.04

Silkflex Polymers (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Gross Margin %	-	-	-	28.13	27.66

Competitive Comparison of Silkflex Polymers (India)'s Gross Margin %

For the Specialty Chemicals subindustry, Silkflex Polymers (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.

Silkflex Polymers (India)'s Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Silkflex Polymers (India)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Silkflex Polymers (India)'s Gross Margin % falls into.

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Silkflex Polymers (India) Gross Margin % Calculation

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

Silkflex Polymers (India)'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 )
	=	92.5	/	342.133
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(342.133 - 249.609)	/	342.133
	=	27.04 %

Silkflex Polymers (India)'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 )
	=	97.2	/	351.495
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(351.495 - 254.254)	/	351.495
	=	27.66 %

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.

Silkflex Polymers (India) (NSE:SILKFLEX) 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

Silkflex Polymers (India) had a gross margin of 27.66% for the quarter that ended in Sep. 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.

Silkflex Polymers (India) Gross Margin % Related Terms

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Silkflex Polymers (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Silkflex Polymers (India) Ltd (NSE:SILKFLEX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Daga Complex, Sulati Jaladhulagori, Sankrail, Howrah, WB, IND, 711302

Website

https://www.silkflexindia.in

Silkflex Polymers (India) Ltd is engaged in the trading of textile printing inks and water-based wood coating polymer products of a Malaysian brand- "Silkflex" produced by Silkflex Polymers SDN BHD. The business is divided into two categories i.e., textile printing ink products and wood coating products. Textile printing ink products include screen coating, Glue, Machine grade non-pvc inks, Additives, and Specialty water-based non-pvc inks. Wood coating products include Base coat, Top coat, Stains, and Sealer.

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