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V-Marc India (NSE:VMARCIND) Gross Margin % : 21.85% (As of Sep. 2024)


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What is V-Marc India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. V-Marc India's Gross Profit for the six months ended in Sep. 2024 was ₹754 Mil. V-Marc India's Revenue for the six months ended in Sep. 2024 was ₹3,452 Mil. Therefore, V-Marc India's Gross Margin % for the quarter that ended in Sep. 2024 was 21.85%.


The historical rank and industry rank for V-Marc India's Gross Margin % or its related term are showing as below:

NSE:VMARCIND' s Gross Margin % Range Over the Past 10 Years
Min: 12.89   Med: 18.77   Max: 19.56
Current: 19.56


During the past 7 years, the highest Gross Margin % of V-Marc India was 19.56%. The lowest was 12.89%. And the median was 18.77%.

NSE:VMARCIND's Gross Margin % is ranked worse than
69.83% of 2933 companies
in the Industrial Products industry
Industry Median: 26.8 vs NSE:VMARCIND: 19.56

V-Marc India had a gross margin of 21.85% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for V-Marc India was 6.60% per year.


V-Marc India Gross Margin % Historical Data

The historical data trend for V-Marc 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.

V-Marc India Gross Margin % Chart

V-Marc India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 17.36 18.77 18.97 19.43 18.79

V-Marc India Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.15 19.68 21.59 17.53 21.85

Competitive Comparison of V-Marc India's Gross Margin %

For the Electrical Equipment & Parts subindustry, V-Marc 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.


V-Marc India's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, V-Marc India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where V-Marc India's Gross Margin % falls into.



V-Marc India Gross Margin % Calculation

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

V-Marc India'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 )
=1061 / 5647.293
=(Revenue - Cost of Goods Sold) / Revenue
=(5647.293 - 4586.299) / 5647.293
=18.79 %

V-Marc 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 )
=754.2 / 3452.114
=(Revenue - Cost of Goods Sold) / Revenue
=(3452.114 - 2697.878) / 3452.114
=21.85 %

* 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.


V-Marc India  (NSE:VMARCIND) 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

V-Marc India had a gross margin of 21.85% 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.


V-Marc India Gross Margin % Related Terms

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V-Marc India Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 3, 4, 18, 20A, Sector IIDC, SIDCUL, Haridwar, UT, IND, 249403
V-Marc India Ltd is engaged in the business of manufacturing and marketing wires and cables under the brand name of V-Marc. The company manufactures and sells a diversified range of wires and cables such as single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, aerial bunched cables, and others. It is a Specialised Control and instrumentation cable company offering a wide range of cable products to multiple industries. Geographically, it operates in India.

V-Marc India Headlines

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