Sylvan Plyboard (India) (NSE:SYLVANPLY) Gross Margin % : 27.04% (As of Mar. 2023)

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What is Sylvan Plyboard (India) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sylvan Plyboard (India)'s Gross Profit for the six months ended in Mar. 2023 was ₹536 Mil. Sylvan Plyboard (India)'s Revenue for the six months ended in Mar. 2023 was ₹1,981 Mil. Therefore, Sylvan Plyboard (India)'s Gross Margin % for the quarter that ended in Mar. 2023 was 27.04%.

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

NSE:SYLVANPLY' s Gross Margin % Range Over the Past 10 Years
Min: 23.83 Med: 24.64 Max: 27.04
Current: 27.04

During the past 3 years, the highest Gross Margin % of Sylvan Plyboard (India) was 27.04%. The lowest was 23.83%. And the median was 24.64%.

NSE:SYLVANPLY's Gross Margin % is ranked better than
63.67% of 278 companies
in the Forest Products industry
Industry Median: 19.04 vs NSE:SYLVANPLY: 27.04

Sylvan Plyboard (India) had a gross margin of 27.04% for the quarter that ended in Mar. 2023 => Competition eroding margins

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

Sylvan Plyboard (India) Gross Margin % Historical Data

The historical data trend for Sylvan Plyboard (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.

Sylvan Plyboard (India) Gross Margin % Chart

Sylvan Plyboard (India) Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

24.64

23.83

27.04

Sylvan Plyboard (India) Semi-Annual Data
	Mar21	Mar22	Mar23
Gross Margin %	24.64	23.83	27.04

Competitive Comparison of Sylvan Plyboard (India)'s Gross Margin %

For the Lumber & Wood Production subindustry, Sylvan Plyboard (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.

Sylvan Plyboard (India)'s Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sylvan Plyboard (India)'s Gross Margin % distribution charts can be found below:

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

Sylvan Plyboard (India) Gross Margin % Calculation

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

Sylvan Plyboard (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 )
	=	535.5	/	1980.726
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1980.726 - 1445.204)	/	1980.726
	=	27.04 %

Sylvan Plyboard (India)'s Gross Margin for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )	=	Gross Profit (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	535.5	/	1980.726
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1980.726 - 1445.204)	/	1980.726
	=	27.04 %

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.

Sylvan Plyboard (India) (NSE:SYLVANPLY) 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

Sylvan Plyboard (India) had a gross margin of 27.04% for the quarter that ended in Mar. 2023 => 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.

Sylvan Plyboard (India) Gross Margin % Related Terms

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Sylvan Plyboard (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sylvan Plyboard (India) Ltd (NSE:SYLVANPLY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector-V, Block-BN5, Adventz Infinity 5, Office No. 802, Salt Lake, Kolkata, WB, IND, 700091

Website

https://www.sylvanply.com

Sylvan Plyboard (India) Ltd is engaged in the manufacturing of various wood products such as plywood, block board, flush door, veneer, and sawn timber across various grades and thicknesses. The company's business segments are; Manufacturing which generates the majority of its revenue, and Trading.

Sylvan Plyboard (India) Headlines

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