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Bright Solar (NSE:BRIGHT) Gross Margin % : 13.48% (As of Sep. 2022)


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What is Bright Solar Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bright Solar's Gross Profit for the six months ended in Sep. 2022 was ₹6.1 Mil. Bright Solar's Revenue for the six months ended in Sep. 2022 was ₹45.2 Mil. Therefore, Bright Solar's Gross Margin % for the quarter that ended in Sep. 2022 was 13.48%.


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


NSE:BRIGHT's Gross Margin % is not ranked *
in the Semiconductors industry.
Industry Median: 28.06
* Ranked among companies with meaningful Gross Margin % only.

Bright Solar had a gross margin of 13.48% for the quarter that ended in Sep. 2022 => No sustainable competitive advantage

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


Bright Solar Gross Margin % Historical Data

The historical data trend for Bright Solar'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.

Bright Solar Gross Margin % Chart

Bright Solar Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.15 12.76 23.66 14.13 -79.79

Bright Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 14.01 14.29 -128.87 -66.98 13.48

Competitive Comparison of Bright Solar's Gross Margin %

For the Solar subindustry, Bright Solar'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.


Bright Solar's Gross Margin % Distribution in the Semiconductors Industry

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

* The bar in red indicates where Bright Solar's Gross Margin % falls into.



Bright Solar Gross Margin % Calculation

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

Bright Solar's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )=Gross Profit (A: Mar. 2022 ) / Revenue (A: Mar. 2022 )
=-57.3 / 71.868
=(Revenue - Cost of Goods Sold) / Revenue
=(71.868 - 129.212) / 71.868
=-79.79 %

Bright Solar's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=6.1 / 45.198
=(Revenue - Cost of Goods Sold) / Revenue
=(45.198 - 39.106) / 45.198
=13.48 %

* 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.


Bright Solar  (NSE:BRIGHT) 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

Bright Solar had a gross margin of 13.48% for the quarter that ended in Sep. 2022 => 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.


Bright Solar Gross Margin % Related Terms

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


Bright Solar (NSE:BRIGHT) Business Description

Traded in Other Exchanges
N/A
Address
Thaltej Cross Road, S.G. Highway, C-602, Titanium Square, Thaltej, Ahmedabad, GJ, IND, 380059
Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

Bright Solar (NSE:BRIGHT) Headlines

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