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Taylormade Renewables (BOM:541228) Gross Margin % : 45.02% (As of Sep. 2023)


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What is Taylormade Renewables Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Taylormade Renewables's Gross Profit for the six months ended in Sep. 2023 was ₹117.5 Mil. Taylormade Renewables's Revenue for the six months ended in Sep. 2023 was ₹261.1 Mil. Therefore, Taylormade Renewables's Gross Margin % for the quarter that ended in Sep. 2023 was 45.02%.


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

BOM:541228' s Gross Margin % Range Over the Past 10 Years
Min: -170.11   Med: 22.37   Max: 93.12
Current: 42.3


During the past 11 years, the highest Gross Margin % of Taylormade Renewables was 93.12%. The lowest was -170.11%. And the median was 22.37%.

BOM:541228's Gross Margin % is ranked better than
73.95% of 975 companies
in the Semiconductors industry
Industry Median: 28.54 vs BOM:541228: 42.30

Taylormade Renewables had a gross margin of 45.02% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Taylormade Renewables was 0.00% per year.


Taylormade Renewables Gross Margin % Historical Data

The historical data trend for Taylormade Renewables'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.

Taylormade Renewables Gross Margin % Chart

Taylormade Renewables Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.62 93.12 -170.11 46.66 51.36

Taylormade Renewables Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -259.53 70.41 75.49 36.52 45.02

Competitive Comparison of Taylormade Renewables's Gross Margin %

For the Solar subindustry, Taylormade Renewables'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.


Taylormade Renewables's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taylormade Renewables's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Taylormade Renewables's Gross Margin % falls into.



Taylormade Renewables Gross Margin % Calculation

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

Taylormade Renewables'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 )
=101.6 / 197.881
=(Revenue - Cost of Goods Sold) / Revenue
=(197.881 - 96.249) / 197.881
=51.36 %

Taylormade Renewables's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=117.5 / 261.072
=(Revenue - Cost of Goods Sold) / Revenue
=(261.072 - 143.547) / 261.072
=45.02 %

* 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.


Taylormade Renewables  (BOM:541228) 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

Taylormade Renewables had a gross margin of 45.02% for the quarter that ended in Sep. 2023 => Durable 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.


Taylormade Renewables Gross Margin % Related Terms

Thank you for viewing the detailed overview of Taylormade Renewables's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Taylormade Renewables (BOM:541228) Business Description

Traded in Other Exchanges
N/A
Address
S.G. Road, 705, Shapath - II, Opposite Rajpath Club, Bodakdev, Ahmedabad, GJ, IND, 380015
Taylormade Renewables Ltd is engaged in providing renewable energy solutions. The firm manufactures solar energy equipment. It offers Photovoltaics, Evacuated tubes, Panels, Air source heat pumps, Dish cookers, Dryers, Biomass gasfiers, Cookstoves, and other related products. It serves customers in India. The Company has the product TRL-RAIN developed for evaporation and condensation from Saline, Brackish, Chemical induced water, Waste Water produced from various industries like Oil & Gas, Textiles & Tanneries, Power Generation, Mining & Metals, Refining & Chemicals, etc.

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