GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sparc Electrex Ltd (BOM:531370) » Definitions » Gross Margin %

Sparc Electrex (BOM:531370) Gross Margin % : 15.84% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sparc Electrex Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sparc Electrex's Gross Profit for the three months ended in Mar. 2024 was ₹6.61 Mil. Sparc Electrex's Revenue for the three months ended in Mar. 2024 was ₹41.70 Mil. Therefore, Sparc Electrex's Gross Margin % for the quarter that ended in Mar. 2024 was 15.84%.


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

BOM:531370' s Gross Margin % Range Over the Past 10 Years
Min: -3.26   Med: 19.13   Max: 89.23
Current: 19.13


During the past 13 years, the highest Gross Margin % of Sparc Electrex was 89.23%. The lowest was -3.26%. And the median was 19.13%.

BOM:531370's Gross Margin % is ranked worse than
78.44% of 988 companies
in the Business Services industry
Industry Median: 34.67 vs BOM:531370: 19.13

Sparc Electrex had a gross margin of 15.84% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Sparc Electrex Gross Margin % Historical Data

The historical data trend for Sparc Electrex'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.

Sparc Electrex Gross Margin % Chart

Sparc Electrex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.70 - 4.74 15.25 19.13

Sparc Electrex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 49.54 24.70 28.63 19.10 15.84

Competitive Comparison of Sparc Electrex's Gross Margin %

For the Security & Protection Services subindustry, Sparc Electrex'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.


Sparc Electrex's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sparc Electrex's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sparc Electrex's Gross Margin % falls into.



Sparc Electrex Gross Margin % Calculation

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

Sparc Electrex'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 )
=14.1 / 73.897
=(Revenue - Cost of Goods Sold) / Revenue
=(73.897 - 59.764) / 73.897
=19.13 %

Sparc Electrex's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=6.6 / 41.704
=(Revenue - Cost of Goods Sold) / Revenue
=(41.704 - 35.098) / 41.704
=15.84 %

* 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.


Sparc Electrex  (BOM:531370) 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

Sparc Electrex had a gross margin of 15.84% for the quarter that ended in Mar. 2024 => 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.


Sparc Electrex Gross Margin % Related Terms

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


Sparc Electrex (BOM:531370) Business Description

Traded in Other Exchanges
N/A
Address
198, Linking Road, 1202, 12th Floor, Esperanza Building, Next to Bank of Baroda, Bandra (West), Mumbai, MH, IND, 400 050
Sparc Electrex Ltd is an Indian company which is engaged in providing software and hardware electronic security solutions. The company's products include video conference solutions, mobile ATMs, GPS tracking, GSM/GPRS/SMS solutions, security systems, fire and intrusion detection systems, access control systems, home security systems, building management systems, and other.

Sparc Electrex (BOM:531370) Headlines

No Headlines