GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Share India Securities Ltd (BOM:540725) » Definitions » Gross Margin %

Share India Securities (BOM:540725) Gross Margin % : 41.53% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Share India Securities Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Share India Securities's Gross Profit for the three months ended in Mar. 2024 was ₹559 Mil. Share India Securities's Revenue for the three months ended in Mar. 2024 was ₹1,347 Mil. Therefore, Share India Securities's Gross Margin % for the quarter that ended in Mar. 2024 was 41.53%.

Warning Sign:

Share India Securities Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.3%.


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

BOM:540725' s Gross Margin % Range Over the Past 10 Years
Min: 9.43   Med: 34.81   Max: 59.99
Current: 13.54


During the past 9 years, the highest Gross Margin % of Share India Securities was 59.99%. The lowest was 9.43%. And the median was 34.81%.

BOM:540725's Gross Margin % is ranked worse than
77.33% of 600 companies
in the Capital Markets industry
Industry Median: 48.965 vs BOM:540725: 13.54

Share India Securities had a gross margin of 41.53% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Share India Securities was -11.30% per year.


Share India Securities Gross Margin % Historical Data

The historical data trend for Share India 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.

Share India Securities Gross Margin % Chart

Share India Securities Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 39.94 41.90 48.21 59.99 9.43

Share India 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 83.54 15.30 11.08 -24.41 41.53

Competitive Comparison of Share India Securities's Gross Margin %

For the Capital Markets subindustry, Share India 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.


Share India Securities's Gross Margin % Distribution in the Capital Markets Industry

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

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



Share India Securities Gross Margin % Calculation

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

Share India 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 )
=390.1 / 4135.513
=(Revenue - Cost of Goods Sold) / Revenue
=(4135.513 - 3745.458) / 4135.513
=9.43 %

Share India 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 )
=559.3 / 1346.695
=(Revenue - Cost of Goods Sold) / Revenue
=(1346.695 - 787.427) / 1346.695
=41.53 %

* 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.


Share India Securities  (BOM:540725) 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

Share India Securities had a gross margin of 41.53% 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.


Share India Securities Gross Margin % Related Terms

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


Share India Securities (BOM:540725) Business Description

Traded in Other Exchanges
Address
A-15, Sector-64, District Gautam Buddha Nagar, Noida, UP, IND, 201301
Share India Securities Ltd is a stockbroking firm in India. The company provides equity trading, derivatives, commodity and currency trading options as well as depository services. Its operating segments include Share Broking/Trading; Insurance; Merchant Banking; NBFC and Technology Services. The company generates maximum revenue from Share Broking/Trading segment.

Share India Securities (BOM:540725) Headlines

No Headlines