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Grasim Industries (Grasim Industries) Gross Margin % : 54.31% (As of Dec. 2023)


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What is Grasim Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grasim Industries's Gross Profit for the three months ended in Dec. 2023 was $2,085 Mil. Grasim Industries's Revenue for the three months ended in Dec. 2023 was $3,840 Mil. Therefore, Grasim Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 54.31%.


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

GRSXY' s Gross Margin % Range Over the Past 10 Years
Min: 45.18   Med: 49.06   Max: 53.55
Current: 48.85


During the past 13 years, the highest Gross Margin % of Grasim Industries was 53.55%. The lowest was 45.18%. And the median was 49.06%.

GRSXY's Gross Margin % is ranked better than
87.9% of 372 companies
in the Building Materials industry
Industry Median: 24.765 vs GRSXY: 48.85

Grasim Industries had a gross margin of 54.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grasim Industries was 1.10% per year.


Grasim Industries Gross Margin % Historical Data

The historical data trend for Grasim Industries'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.

Grasim Industries Gross Margin % Chart

Grasim Industries 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 45.18 47.54 53.55 50.94 48.81

Grasim Industries 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 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 Premium Member Only Premium Member Only 51.90 39.27 51.81 50.43 54.31

Competitive Comparison of Grasim Industries's Gross Margin %

For the Building Materials subindustry, Grasim Industries'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.


Grasim Industries's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grasim Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grasim Industries's Gross Margin % falls into.



Grasim Industries Gross Margin % Calculation

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

Grasim Industries'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 )
=6935 / 14209.388
=(Revenue - Cost of Goods Sold) / Revenue
=(14209.388 - 7274.345) / 14209.388
=48.81 %

Grasim Industries'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 )
=2085.4 / 3839.513
=(Revenue - Cost of Goods Sold) / Revenue
=(3839.513 - 1754.151) / 3839.513
=54.31 %

* 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.


Grasim Industries  (OTCPK:GRSXY) 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

Grasim Industries had a gross margin of 54.31% for the quarter that ended in Dec. 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.


Grasim Industries Gross Margin % Related Terms

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Grasim Industries (Grasim Industries) Business Description

Traded in Other Exchanges
Address
Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (Grasim Industries) Headlines

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