GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shrydus Industries Ltd (BOM:511493) » Definitions » Gross Margin %

Shrydus Industries (BOM:511493) Gross Margin % : 11.98% (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Shrydus Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shrydus Industries's Gross Profit for the three months ended in Dec. 2023 was ₹3.73 Mil. Shrydus Industries's Revenue for the three months ended in Dec. 2023 was ₹31.10 Mil. Therefore, Shrydus Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 11.98%.


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

BOM:511493' s Gross Margin % Range Over the Past 10 Years
Min: -8897.79   Med: 0.9   Max: 58.81
Current: 9.3


During the past 13 years, the highest Gross Margin % of Shrydus Industries was 58.81%. The lowest was -8897.79%. And the median was 0.90%.

BOM:511493's Gross Margin % is ranked worse than
81.24% of 597 companies
in the Capital Markets industry
Industry Median: 49.02 vs BOM:511493: 9.30

Shrydus Industries had a gross margin of 11.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Shrydus Industries Gross Margin % Historical Data

The historical data trend for Shrydus 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.

Shrydus Industries Gross Margin % Chart

Shrydus 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 -1,277.08 0.90 -0.68 3.62 4.77

Shrydus Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.85 6.36 5.23 11.61 11.98

Competitive Comparison of Shrydus Industries's Gross Margin %

For the Capital Markets subindustry, Shrydus 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.


Shrydus Industries's Gross Margin % Distribution in the Capital Markets Industry

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

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



Shrydus Industries Gross Margin % Calculation

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

Shrydus 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 )
=4.4 / 92.893
=(Revenue - Cost of Goods Sold) / Revenue
=(92.893 - 88.46) / 92.893
=4.77 %

Shrydus 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 )
=3.7 / 31.103
=(Revenue - Cost of Goods Sold) / Revenue
=(31.103 - 27.377) / 31.103
=11.98 %

* 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.


Shrydus Industries  (BOM:511493) 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

Shrydus Industries had a gross margin of 11.98% for the quarter that ended in Dec. 2023 => 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.


Shrydus Industries Gross Margin % Related Terms

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


Shrydus Industries (BOM:511493) Business Description

Traded in Other Exchanges
N/A
Address
107, SV Road, Sagar Avenue, Above Bata, Andheri (West), Mumbai, MH, IND, 400058
Shrydus Industries Ltd is engaged in the business of Retail Mobilization Services. Its core business activities include equity trading, commodities, portfolio management services, mutual funds, life insurance, foreign exchange, IPO (initial public offer), foreign exchange, currency derivatives, futures and options, retail mobilization depository services, and investment advisory. It also offers online services including online trading and professional back-office services. The Company has income from one segment only which is Trading.

Shrydus Industries (BOM:511493) Headlines

No Headlines