Shahi Shipping (BOM:526508) Gross Margin % : 19.80% (As of Dec. 2023)

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What is Shahi Shipping Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shahi Shipping's Gross Profit for the three months ended in Dec. 2023 was ₹6.0 Mil. Shahi Shipping's Revenue for the three months ended in Dec. 2023 was ₹30.1 Mil. Therefore, Shahi Shipping's Gross Margin % for the quarter that ended in Dec. 2023 was 19.80%.

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

BOM:526508' s Gross Margin % Range Over the Past 10 Years
Min: 26.16 Med: 36.35 Max: 56.72
Current: 56.72

During the past 13 years, the highest Gross Margin % of Shahi Shipping was 56.72%. The lowest was 26.16%. And the median was 36.35%.

BOM:526508's Gross Margin % is ranked better than
92.06% of 945 companies
in the Transportation industry
Industry Median: 20.03 vs BOM:526508: 56.72

Shahi Shipping had a gross margin of 19.80% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shahi Shipping was 4.90% per year.

Shahi Shipping Gross Margin % Historical Data

The historical data trend for Shahi Shipping'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.

Shahi Shipping Gross Margin % Chart

Shahi Shipping Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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31.55

29.52

45.73

36.20

42.89

Shahi Shipping Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															11.92	159.80	-1.88	15.44	19.80

Competitive Comparison of Shahi Shipping's Gross Margin %

For the Marine Shipping subindustry, Shahi Shipping'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.

Shahi Shipping's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shahi Shipping's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shahi Shipping's Gross Margin % falls into.

Shahi Shipping Gross Margin % Calculation

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

Shahi Shipping'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 )
	=	46.7	/	108.947
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(108.947 - 62.218)	/	108.947
	=	42.89 %

Shahi Shipping's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6	/	30.103
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(30.103 - 24.142)	/	30.103
	=	19.80 %

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.

Shahi Shipping (BOM:526508) 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

Shahi Shipping had a gross margin of 19.80% for the quarter that ended in Dec. 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.

Shahi Shipping Gross Margin % Related Terms

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Shahi Shipping (BOM:526508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shahi Shipping Ltd (BOM:526508) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Shahi Marine House, Plot No. 11 & 11/1, Sector-26, Near Dana Bazar, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.shahilogistics.com

Shahi Shipping Ltd is in the shipping business. It provides service in the areas of container liquid cargo lighter age operations of petroleum and chemical products, lighter age operations of bulk cargo, tug services for port related activities, supply of bunkers to vessels and container feeder service on Indian coasts through its fleet of vessels.

Shahi Shipping (BOM:526508) Headlines

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