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Saianand Commercial (BOM:512097) Gross Margin % : -1.96% (As of Dec. 2023)


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What is Saianand Commercial Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Saianand Commercial's Gross Profit for the three months ended in Dec. 2023 was ₹-0.23 Mil. Saianand Commercial's Revenue for the three months ended in Dec. 2023 was ₹11.97 Mil. Therefore, Saianand Commercial's Gross Margin % for the quarter that ended in Dec. 2023 was -1.96%.


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

BOM:512097' s Gross Margin % Range Over the Past 10 Years
Min: -10.71   Med: 3.92   Max: 6.35
Current: -10.71


During the past 13 years, the highest Gross Margin % of Saianand Commercial was 6.35%. The lowest was -10.71%. And the median was 3.92%.

BOM:512097's Gross Margin % is ranked worse than
91.94% of 608 companies
in the Capital Markets industry
Industry Median: 48.805 vs BOM:512097: -10.71

Saianand Commercial had a gross margin of -1.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Saianand Commercial Gross Margin % Historical Data

The historical data trend for Saianand Commercial'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.

Saianand Commercial Gross Margin % Chart

Saianand Commercial 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 3.92 - 4.45 - 6.35

Saianand Commercial 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 9.39 -33.02 1.40 -2.32 -1.96

Competitive Comparison of Saianand Commercial's Gross Margin %

For the Capital Markets subindustry, Saianand Commercial'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.


Saianand Commercial's Gross Margin % Distribution in the Capital Markets Industry

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

* The bar in red indicates where Saianand Commercial's Gross Margin % falls into.



Saianand Commercial Gross Margin % Calculation

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

Saianand Commercial'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 )
=5.9 / 93.135
=(Revenue - Cost of Goods Sold) / Revenue
=(93.135 - 87.221) / 93.135
=6.35 %

Saianand Commercial'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 )
=-0.2 / 11.965
=(Revenue - Cost of Goods Sold) / Revenue
=(11.965 - 12.199) / 11.965
=-1.96 %

* 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.


Saianand Commercial  (BOM:512097) 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

Saianand Commercial had a gross margin of -1.96% 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.


Saianand Commercial Gross Margin % Related Terms

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Saianand Commercial (BOM:512097) Business Description

Traded in Other Exchanges
N/A
Address
Sai Janak Classic, Devidas Lane, Office No. 701/1, Borivali (West), Mumbai, MH, IND, 400103
Saianand Commercial Ltd is engaged in providing financial services. It generates revenue from the sale of shares.

Saianand Commercial (BOM:512097) Headlines

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