Vinyas Innovative Technologies (NSE:VINYAS) Gross Margin % : 18.52% (As of Mar. 2023)

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What is Vinyas Innovative Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vinyas Innovative Technologies's Gross Profit for the six months ended in Mar. 2023 was ₹434 Mil. Vinyas Innovative Technologies's Revenue for the six months ended in Mar. 2023 was ₹2,345 Mil. Therefore, Vinyas Innovative Technologies's Gross Margin % for the quarter that ended in Mar. 2023 was 18.52%.

The historical rank and industry rank for Vinyas Innovative Technologies's Gross Margin % or its related term are showing as below:

NSE:VINYAS' s Gross Margin % Range Over the Past 10 Years
Min: 14.67 Med: 17.11 Max: 18.52
Current: 18.52

During the past 3 years, the highest Gross Margin % of Vinyas Innovative Technologies was 18.52%. The lowest was 14.67%. And the median was 17.11%.

NSE:VINYAS's Gross Margin % is ranked worse than
73.19% of 2924 companies
in the Industrial Products industry
Industry Median: 26.545 vs NSE:VINYAS: 18.52

Vinyas Innovative Technologies had a gross margin of 18.52% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vinyas Innovative Technologies was 0.00% per year.

Vinyas Innovative Technologies Gross Margin % Historical Data

The historical data trend for Vinyas Innovative Technologies'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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Vinyas Innovative Technologies Gross Margin % Chart

Vinyas Innovative Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

14.67

17.11

18.52

Vinyas Innovative Technologies Semi-Annual Data
	Mar21	Mar22	Mar23
Gross Margin %	14.67	17.11	18.52

Competitive Comparison of Vinyas Innovative Technologies's Gross Margin %

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinyas Innovative Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vinyas Innovative Technologies's Gross Margin % falls into.

Vinyas Innovative Technologies Gross Margin % Calculation

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

Vinyas Innovative Technologies'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 )
	=	434.3	/	2345.24
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2345.24 - 1910.957)	/	2345.24
	=	18.52 %

Vinyas Innovative Technologies'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 )
	=	434.3	/	2345.24
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2345.24 - 1910.957)	/	2345.24
	=	18.52 %

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.

Vinyas Innovative Technologies (NSE:VINYAS) 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

Vinyas Innovative Technologies had a gross margin of 18.52% for the quarter that ended in Mar. 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.

Vinyas Innovative Technologies Gross Margin % Related Terms

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Vinyas Innovative Technologies (NSE:VINYAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinyas Innovative Technologies Ltd (NSE:VINYAS) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018

Website

https://www.vinyasit.com

Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

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