GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Investment Trust Of India Ltd (BOM:530023) » Definitions » Gross Margin %

The Investment Trust Of India (BOM:530023) Gross Margin % : 59.76% (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is The Investment Trust Of India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. The Investment Trust Of India's Gross Profit for the three months ended in Mar. 2024 was ₹517 Mil. The Investment Trust Of India's Revenue for the three months ended in Mar. 2024 was ₹865 Mil. Therefore, The Investment Trust Of India's Gross Margin % for the quarter that ended in Mar. 2024 was 59.76%.


The historical rank and industry rank for The Investment Trust Of India's Gross Margin % or its related term are showing as below:

BOM:530023' s Gross Margin % Range Over the Past 10 Years
Min: 14.56   Med: 26.76   Max: 53.53
Current: 53.53


During the past 13 years, the highest Gross Margin % of The Investment Trust Of India was 53.53%. The lowest was 14.56%. And the median was 26.76%.

BOM:530023's Gross Margin % is ranked better than
53.1% of 597 companies
in the Capital Markets industry
Industry Median: 50.38 vs BOM:530023: 53.53

The Investment Trust Of India had a gross margin of 59.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for The Investment Trust Of India was 23.10% per year.


The Investment Trust Of India Gross Margin % Historical Data

The historical data trend for The Investment Trust Of India'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.

The Investment Trust Of India Gross Margin % Chart

The Investment Trust Of India 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 20.16 25.06 19.98 36.34 53.53

The Investment Trust Of India 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 47.87 44.40 53.09 53.87 59.76

Competitive Comparison of The Investment Trust Of India's Gross Margin %

For the Capital Markets subindustry, The Investment Trust Of India'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.


The Investment Trust Of India's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Investment Trust Of India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where The Investment Trust Of India's Gross Margin % falls into.



The Investment Trust Of India Gross Margin % Calculation

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

The Investment Trust Of India'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 )
=1540.1 / 2877.277
=(Revenue - Cost of Goods Sold) / Revenue
=(2877.277 - 1337.202) / 2877.277
=53.53 %

The Investment Trust Of India'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 )
=516.9 / 864.876
=(Revenue - Cost of Goods Sold) / Revenue
=(864.876 - 347.985) / 864.876
=59.76 %

* 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.


The Investment Trust Of India  (BOM:530023) 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

The Investment Trust Of India had a gross margin of 59.76% for the quarter that ended in Mar. 2024 => 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.


The Investment Trust Of India Gross Margin % Related Terms

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


The Investment Trust Of India (BOM:530023) Business Description

Traded in Other Exchanges
Address
36 Dr. R. K. Shirodkar Marg, ITI House, Parel, Mumbai, MH, IND, 400012
The Investment Trust Of India Ltd, through its subsidiaries, is in the business of the corporate finance and broking spectrum in India. The company's service portfolio consists of investment banking and corporate finance activities on the capital market side as well as advisory services, broking services in the cash and future and options segments, currency derivatives, commodities, along with offering depository services, loan, portfolio management services and other wealth and distribution related products. The firm operates through the segments of Advisory services and Investment activities and Trading Activities. It generates majority of its revenue from Trading Activities.

The Investment Trust Of India (BOM:530023) Headlines

No Headlines