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Balaji Telefilms (BOM:532382) Gross Margin % : 26.49% (As of Dec. 2023)


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What is Balaji Telefilms Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Balaji Telefilms's Gross Profit for the three months ended in Dec. 2023 was ₹366 Mil. Balaji Telefilms's Revenue for the three months ended in Dec. 2023 was ₹1,383 Mil. Therefore, Balaji Telefilms's Gross Margin % for the quarter that ended in Dec. 2023 was 26.49%.

Warning Sign:

Balaji Telefilms Ltd gross margin has been in long-term decline. The average rate of decline per year is -20.1%.


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

BOM:532382' s Gross Margin % Range Over the Past 10 Years
Min: 2.76   Med: 13.9   Max: 32.03
Current: 24.55


During the past 13 years, the highest Gross Margin % of Balaji Telefilms was 32.03%. The lowest was 2.76%. And the median was 13.90%.

BOM:532382's Gross Margin % is ranked worse than
72.02% of 965 companies
in the Media - Diversified industry
Industry Median: 38.36 vs BOM:532382: 24.55

Balaji Telefilms had a gross margin of 26.49% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Balaji Telefilms was -20.10% per year.


Balaji Telefilms Gross Margin % Historical Data

The historical data trend for Balaji Telefilms'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.

Balaji Telefilms Gross Margin % Chart

Balaji Telefilms 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 11.82 32.03 10.47 2.76 13.38

Balaji Telefilms 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 17.98 21.33 23.77 26.08 26.49

Competitive Comparison of Balaji Telefilms's Gross Margin %

For the Entertainment subindustry, Balaji Telefilms'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.


Balaji Telefilms's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Balaji Telefilms's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Balaji Telefilms's Gross Margin % falls into.



Balaji Telefilms Gross Margin % Calculation

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

Balaji Telefilms'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 )
=789.9 / 5902.965
=(Revenue - Cost of Goods Sold) / Revenue
=(5902.965 - 5113.052) / 5902.965
=13.38 %

Balaji Telefilms'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 )
=366.4 / 1383.284
=(Revenue - Cost of Goods Sold) / Revenue
=(1383.284 - 1016.861) / 1383.284
=26.49 %

* 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.


Balaji Telefilms  (BOM:532382) 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

Balaji Telefilms had a gross margin of 26.49% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Balaji Telefilms Gross Margin % Related Terms

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Balaji Telefilms (BOM:532382) Business Description

Traded in Other Exchanges
Address
New Link Road, Opposite Laxmi Industrial Estate, C13, Balaji House, Dalia Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053
Balaji Telefilms Ltd operates as a television content production company in India. The company operates through three segments: Commissioned Programmes, Digital and Films. The Commissioned Programmes engages in the sale of television serials to channels. The Films segment includes the production and distribution of motion pictures and films. The Digital segment includes subscription-based sales and licencing of digital content. It produces and distributes films primarily in the Hindi language. It is also involved in the B2C and B2B digital content business. The firm generates the majority of its revenue from the Commissioned Programmes segment.

Balaji Telefilms (BOM:532382) Headlines

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