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Utssav CZ Gold Jewels (NSE:UTSSAV) Gross Margin % : 7.63% (As of Mar. 2024)


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What is Utssav CZ Gold Jewels Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Utssav CZ Gold Jewels's Gross Profit for the six months ended in Mar. 2024 was ₹259 Mil. Utssav CZ Gold Jewels's Revenue for the six months ended in Mar. 2024 was ₹3,402 Mil. Therefore, Utssav CZ Gold Jewels's Gross Margin % for the quarter that ended in Mar. 2024 was 7.63%.


The historical rank and industry rank for Utssav CZ Gold Jewels's Gross Margin % or its related term are showing as below:

NSE:UTSSAV' s Gross Margin % Range Over the Past 10 Years
Min: 4.1   Med: 7   Max: 7.63
Current: 7.63


During the past 4 years, the highest Gross Margin % of Utssav CZ Gold Jewels was 7.63%. The lowest was 4.10%. And the median was 7.00%.

NSE:UTSSAV's Gross Margin % is ranked worse than
92.61% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 36.82 vs NSE:UTSSAV: 7.63

Utssav CZ Gold Jewels had a gross margin of 7.63% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Utssav CZ Gold Jewels was 0.00% per year.


Utssav CZ Gold Jewels Gross Margin % Historical Data

The historical data trend for Utssav CZ Gold Jewels'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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Utssav CZ Gold Jewels Gross Margin % Chart

Utssav CZ Gold Jewels Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Margin %
4.10 7.27 6.72 7.63

Utssav CZ Gold Jewels Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Gross Margin % 4.10 7.27 6.72 7.63

Competitive Comparison of Utssav CZ Gold Jewels's Gross Margin %

For the Luxury Goods subindustry, Utssav CZ Gold Jewels'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.


Utssav CZ Gold Jewels's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Utssav CZ Gold Jewels's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Utssav CZ Gold Jewels's Gross Margin % falls into.


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Utssav CZ Gold Jewels Gross Margin % Calculation

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

Utssav CZ Gold Jewels's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=259.5 / 3401.956
=(Revenue - Cost of Goods Sold) / Revenue
=(3401.956 - 3142.468) / 3401.956
=7.63 %

Utssav CZ Gold Jewels'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 )
=259.5 / 3401.956
=(Revenue - Cost of Goods Sold) / Revenue
=(3401.956 - 3142.468) / 3401.956
=7.63 %

* 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.


Utssav CZ Gold Jewels  (NSE:UTSSAV) 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

Utssav CZ Gold Jewels had a gross margin of 7.63% for the quarter that ended in Mar. 2024 => 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.


Utssav CZ Gold Jewels Gross Margin % Related Terms

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Utssav CZ Gold Jewels Business Description

Traded in Other Exchanges
N/A
Address
Mahakali Caves Road, Plot No. 4 and 5, 2nd Floor, Hitech Plaza, Giriraj Industrial Estate, Andheri (East), Mumbai, MH, IND, 400093
Utssav CZ Gold Jewels Ltd is in the business of designing, manufacturing, wholesaling and exporting of 18Karat 20Karat and 22Karat CZ Gold jewellery. The Company specializes in the lightweight production of cubic zirconia (CZ) gold and rose gold casting jewellery. It manufactures and offers a wide collection of products such as Rings, Earrings, Pendants, Bracelets Necklaces, Watches, and Broaches, etc.

Utssav CZ Gold Jewels Headlines

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