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Pioneer Investcorp (BOM:507864) Gross Margin % : 52.93% (As of Dec. 2023)


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What is Pioneer Investcorp Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pioneer Investcorp's Gross Profit for the three months ended in Dec. 2023 was ₹46.1 Mil. Pioneer Investcorp's Revenue for the three months ended in Dec. 2023 was ₹87.2 Mil. Therefore, Pioneer Investcorp's Gross Margin % for the quarter that ended in Dec. 2023 was 52.93%.


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

BOM:507864' s Gross Margin % Range Over the Past 10 Years
Min: 48.45   Med: 62.54   Max: 78.63
Current: 55.04


During the past 13 years, the highest Gross Margin % of Pioneer Investcorp was 78.63%. The lowest was 48.45%. And the median was 62.54%.

BOM:507864's Gross Margin % is ranked better than
56.18% of 607 companies
in the Capital Markets industry
Industry Median: 48.7 vs BOM:507864: 55.04

Pioneer Investcorp had a gross margin of 52.93% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pioneer Investcorp was 3.70% per year.


Pioneer Investcorp Gross Margin % Historical Data

The historical data trend for Pioneer Investcorp'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.

Pioneer Investcorp Gross Margin % Chart

Pioneer Investcorp 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 50.19 62.54 64.91 63.24 53.79

Pioneer Investcorp 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 32.42 69.27 46.55 46.31 52.93

Competitive Comparison of Pioneer Investcorp's Gross Margin %

For the Capital Markets subindustry, Pioneer Investcorp'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.


Pioneer Investcorp's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pioneer Investcorp's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pioneer Investcorp's Gross Margin % falls into.



Pioneer Investcorp Gross Margin % Calculation

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

Pioneer Investcorp'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 )
=173.1 / 321.889
=(Revenue - Cost of Goods Sold) / Revenue
=(321.889 - 148.742) / 321.889
=53.79 %

Pioneer Investcorp'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 )
=46.1 / 87.179
=(Revenue - Cost of Goods Sold) / Revenue
=(87.179 - 41.036) / 87.179
=52.93 %

* 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.


Pioneer Investcorp  (BOM:507864) 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

Pioneer Investcorp had a gross margin of 52.93% 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.


Pioneer Investcorp Gross Margin % Related Terms

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


Pioneer Investcorp (BOM:507864) Business Description

Traded in Other Exchanges
N/A
Address
1218, Maker Chambers V, 12th Floor, Nariman Point, Mumbai, MH, IND, 400021
Pioneer Investcorp Ltd is a financial services company specializing in investment banking and advisory services. The company is a SEBI registered category I Merchant Banker. Its investment banking services include private equity advisory, merchant banking, corporate finance advisory, and strategic alliances, debt syndication, structured transactions, and mergers and acquisitions. The company also deals in products like Treasury Bills, Government securities, State Development Loans, Non-SLR Bonds, Corporate Bonds, and money market instruments like Certificates of Deposit, Commercial Paper, Inter-Corporate Deposits, and Call and notice Money Deposits. It also provides underwriting, claims, reinsurance, and risk management for a diverse set of clients.

Pioneer Investcorp (BOM:507864) Headlines

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