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PNB Gilts (BOM:532366) Gross Margin % : 98.13% (As of Mar. 2024)


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What is PNB Gilts Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PNB Gilts's Gross Profit for the three months ended in Mar. 2024 was ₹4,650 Mil. PNB Gilts's Revenue for the three months ended in Mar. 2024 was ₹4,739 Mil. Therefore, PNB Gilts's Gross Margin % for the quarter that ended in Mar. 2024 was 98.13%.


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

BOM:532366' s Gross Margin % Range Over the Past 10 Years
Min: 96.93   Med: 97.55   Max: 98.17
Current: 97.51


During the past 13 years, the highest Gross Margin % of PNB Gilts was 98.17%. The lowest was 96.93%. And the median was 97.55%.

BOM:532366's Gross Margin % is ranked better than
93.42% of 608 companies
in the Capital Markets industry
Industry Median: 48.805 vs BOM:532366: 97.51

PNB Gilts had a gross margin of 98.13% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PNB Gilts was -0.10% per year.


PNB Gilts Gross Margin % Historical Data

The historical data trend for PNB Gilts'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.

PNB Gilts Gross Margin % Chart

PNB Gilts 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 97.80 98.14 97.18 96.93 97.51

PNB Gilts 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 97.44 97.76 96.45 97.25 98.13

Competitive Comparison of PNB Gilts's Gross Margin %

For the Capital Markets subindustry, PNB Gilts'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.


PNB Gilts's Gross Margin % Distribution in the Capital Markets Industry

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

* The bar in red indicates where PNB Gilts's Gross Margin % falls into.



PNB Gilts Gross Margin % Calculation

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

PNB Gilts'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 )
=15370.8 / 15763.535
=(Revenue - Cost of Goods Sold) / Revenue
=(15763.535 - 392.776) / 15763.535
=97.51 %

PNB Gilts'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 )
=4650.2 / 4738.805
=(Revenue - Cost of Goods Sold) / Revenue
=(4738.805 - 88.592000000001) / 4738.805
=98.13 %

* 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.


PNB Gilts  (BOM:532366) 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

PNB Gilts had a gross margin of 98.13% 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.


PNB Gilts Gross Margin % Related Terms

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


PNB Gilts (BOM:532366) Business Description

Traded in Other Exchanges
Address
5, Sansad Marg, New Delhi, IND, 110001
PNB Gilts Ltd is engaged in the business of dealing with government securities. The company offers Treasury-Bills/Commercial paper/ Certificates of deposit, Corporate bonds, and debentures, Government securities, Derivatives, Fixed deposits, and Mutual funds. Its primary activities include supporting government borrowing programs through the underwriting of government securities issuances and trading in a gamut of fixed-income instruments, such as government securities, treasury bills, state development loans, corporate bonds, interest rate swaps, and various money market instruments, such as certificates of deposits and commercial papers. In addition, it offers Gilts accounts.

PNB Gilts (BOM:532366) Headlines

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