MKP Mobility (BOM:521244) Gross Margin % : 0.02% (As of Dec. 2023)

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What is MKP Mobility Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MKP Mobility's Gross Profit for the three months ended in Dec. 2023 was ₹0.0 Mil. MKP Mobility's Revenue for the three months ended in Dec. 2023 was ₹60.6 Mil. Therefore, MKP Mobility's Gross Margin % for the quarter that ended in Dec. 2023 was 0.02%.

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

BOM:521244' s Gross Margin % Range Over the Past 10 Years
Min: -12.2 Med: -12.2 Max: 2.81
Current: 2.81

During the past 13 years, the highest Gross Margin % of MKP Mobility was 2.81%. The lowest was -12.20%. And the median was -12.20%.

BOM:521244's Gross Margin % is ranked worse than
95.89% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 19.68 vs BOM:521244: 2.81

MKP Mobility had a gross margin of 0.02% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

MKP Mobility Gross Margin % Historical Data

The historical data trend for MKP Mobility'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.

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MKP Mobility Gross Margin % Chart

MKP Mobility Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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-12.20

MKP Mobility 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															-	-5.65	15.28	0.01	0.02

Competitive Comparison of MKP Mobility's Gross Margin %

For the Auto Parts subindustry, MKP Mobility'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.

MKP Mobility's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MKP Mobility's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MKP Mobility's Gross Margin % falls into.

MKP Mobility Gross Margin % Calculation

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

MKP Mobility'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 )
	=	-0.1	/	1.221
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.221 - 1.37)	/	1.221
	=	-12.20 %

MKP Mobility'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	/	60.572
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(60.572 - 60.562)	/	60.572
	=	0.02 %

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.

MKP Mobility (BOM:521244) 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

MKP Mobility had a gross margin of 0.02% 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.

MKP Mobility Gross Margin % Related Terms

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MKP Mobility (BOM:521244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKP Mobility Ltd (BOM:521244) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.B. No. 9, Bangalore Roadchallekere, Siddapura Village, Challekere, Chitradurga, KA, IND, 577522

Website

https://www.chitraspinltd.com

MKP Mobility Ltd is involved into the business of distribution and exports- automotive parts, industrial products, mechanical and electronic components, auto care products. lubricants, tyres, batteries, refurbished parts The Company primarily operates in the Distribution of Automobile spare parts and lubricants which is also its single reportable segment. Its business activities include: purchase and sales- 2wheelers, 3 wheelers and cars and commercial vehicles; provide services relating to warehousing and logistics; manufacturing, producing and assembling packaging and operate workshops for repairing, servicing all types of automotive vehicles, industrial equipment, construction equipment.

MKP Mobility (BOM:521244) Headlines

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