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Visagar Financial Services (BOM:531025) Gross Margin % : 2.31% (As of Dec. 2023)


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What is Visagar Financial Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Visagar Financial Services's Gross Profit for the three months ended in Dec. 2023 was ₹16.1 Mil. Visagar Financial Services's Revenue for the three months ended in Dec. 2023 was ₹698.5 Mil. Therefore, Visagar Financial Services's Gross Margin % for the quarter that ended in Dec. 2023 was 2.31%.


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

BOM:531025' s Gross Margin % Range Over the Past 10 Years
Min: -122.66   Med: 3.79   Max: 50.1
Current: -122.66


During the past 13 years, the highest Gross Margin % of Visagar Financial Services was 50.10%. The lowest was -122.66%. And the median was 3.79%.

BOM:531025's Gross Margin % is ranked worse than
96.52% of 604 companies
in the Capital Markets industry
Industry Median: 48.655 vs BOM:531025: -122.66

Visagar Financial Services had a gross margin of 2.31% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Visagar Financial Services was 0.00% per year.


Visagar Financial Services Gross Margin % Historical Data

The historical data trend for Visagar Financial Services'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.

Visagar Financial Services Gross Margin % Chart

Visagar Financial Services 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 16.43 -0.16 -0.28 2.49 4.18

Visagar Financial Services 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 5.35 22.42 -7,317.99 -6,858.90 2.31

Competitive Comparison of Visagar Financial Services's Gross Margin %

For the Capital Markets subindustry, Visagar Financial Services'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.


Visagar Financial Services's Gross Margin % Distribution in the Capital Markets Industry

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

* The bar in red indicates where Visagar Financial Services's Gross Margin % falls into.



Visagar Financial Services Gross Margin % Calculation

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

Visagar Financial Services'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 )
=21.7 / 518.006
=(Revenue - Cost of Goods Sold) / Revenue
=(518.006 - 496.333) / 518.006
=4.18 %

Visagar Financial Services'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 )
=16.1 / 698.541
=(Revenue - Cost of Goods Sold) / Revenue
=(698.541 - 682.418) / 698.541
=2.31 %

* 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.


Visagar Financial Services  (BOM:531025) 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

Visagar Financial Services had a gross margin of 2.31% 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.


Visagar Financial Services Gross Margin % Related Terms

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Visagar Financial Services (BOM:531025) Business Description

Traded in Other Exchanges
N/A
Address
907-908, S.V. Road, 9th Floor, Dev Plaza, Opposite Andheri Fire Station, Andheri (West), Mumbai, MH, IND, 400 058
Visagar Financial Services Ltd is a non-banking financial company. The company is primarily engaged in the business of investing in securities of listed and unlisted companies. It invests in various sectors such as Financial Services, Education, Real Estate, among others. Geographically, it operates only in India. The company generates maximum revenue from the sale of shares.

Visagar Financial Services (BOM:531025) Headlines

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