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Continental Securities (BOM:538868) Gross Margin % : 77.24% (As of Mar. 2024)


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What is Continental Securities Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Continental Securities's Gross Profit for the three months ended in Mar. 2024 was ₹3.30 Mil. Continental Securities's Revenue for the three months ended in Mar. 2024 was ₹4.28 Mil. Therefore, Continental Securities's Gross Margin % for the quarter that ended in Mar. 2024 was 77.24%.


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

BOM:538868' s Gross Margin % Range Over the Past 10 Years
Min: 72.31   Med: 85.93   Max: 93.8
Current: 85.86


During the past 11 years, the highest Gross Margin % of Continental Securities was 93.80%. The lowest was 72.31%. And the median was 85.93%.

BOM:538868's Gross Margin % is ranked better than
85.99% of 357 companies
in the Credit Services industry
Industry Median: 53.08 vs BOM:538868: 85.86

Continental Securities had a gross margin of 77.24% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Continental Securities was 1.20% per year.


Continental Securities Gross Margin % Historical Data

The historical data trend for Continental Securities'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.

Continental Securities Gross Margin % Chart

Continental Securities 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 89.44 92.16 93.80 86.02 85.84

Continental Securities 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 83.16 89.29 88.01 89.83 77.24

Competitive Comparison of Continental Securities's Gross Margin %

For the Credit Services subindustry, Continental Securities'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.


Continental Securities's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Continental Securities's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Continental Securities's Gross Margin % falls into.



Continental Securities Gross Margin % Calculation

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

Continental Securities'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 )
=13.6 / 15.807
=(Revenue - Cost of Goods Sold) / Revenue
=(15.807 - 2.239) / 15.807
=85.84 %

Continental Securities'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 )
=3.3 / 4.275
=(Revenue - Cost of Goods Sold) / Revenue
=(4.275 - 0.973) / 4.275
=77.24 %

* 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.


Continental Securities  (BOM:538868) 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

Continental Securities had a gross margin of 77.24% 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.


Continental Securities Gross Margin % Related Terms

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


Continental Securities (BOM:538868) Business Description

Traded in Other Exchanges
N/A
Address
Parivahan Marg, Gopalbari, Flat No. 301, Metro Plaza, Jaipur, RJ, IND, 302001
Continental Securities Ltd is a non-banking financial company. The company is engaged in the business of Gold loan, Personal loans, inter corporate loans, Loan against property Loans to SMEs and such fund based activities. The company is operating in one segment which is making loans to the small borrowers.

Continental Securities (BOM:538868) Headlines

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