NSE:SOLARINDS's Gross Margin % is ranked better than 91.36% of 1504
companies
in the Chemicals industry
Industry Median: 22.12
vs NSE:SOLARINDS: 47.08
Solar Industries India had a gross margin of 50.87% for the quarter that ended in Sep. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Solar Industries India was -0.80% per year.
Solar Industries India Gross Margin % Historical Data
The historical data trend for Solar Industries 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.
Competitive Comparison of Solar Industries India's Gross Margin %
For the Specialty Chemicals subindustry, Solar Industries 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.
Solar Industries India's Gross Margin % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Solar Industries India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Solar Industries India's Gross Margin % falls into.
* 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.
Solar Industries India (NSE:SOLARINDS) 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
Solar Industries India had a gross margin of 50.87% 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.
Solar Industries India Gross Margin % Related Terms
Thank you for viewing the detailed overview of Solar Industries India's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company primarily sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:SOLARINDS has been successfully added to your 