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Secmark Consultancy (BOM:543234) Gross Margin % : 74.85% (As of Mar. 2024)


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What is Secmark Consultancy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Secmark Consultancy's Gross Profit for the six months ended in Mar. 2024 was ₹103.0 Mil. Secmark Consultancy's Revenue for the six months ended in Mar. 2024 was ₹137.6 Mil. Therefore, Secmark Consultancy's Gross Margin % for the quarter that ended in Mar. 2024 was 74.85%.


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

BOM:543234' s Gross Margin % Range Over the Past 10 Years
Min: 51.36   Med: 62.44   Max: 73.83
Current: 72.96


During the past 7 years, the highest Gross Margin % of Secmark Consultancy was 73.83%. The lowest was 51.36%. And the median was 62.44%.

BOM:543234's Gross Margin % is ranked better than
86.6% of 985 companies
in the Business Services industry
Industry Median: 34.43 vs BOM:543234: 72.96

Secmark Consultancy had a gross margin of 74.85% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Secmark Consultancy was 7.30% per year.


Secmark Consultancy Gross Margin % Historical Data

The historical data trend for Secmark Consultancy'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.

Secmark Consultancy Gross Margin % Chart

Secmark Consultancy Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 51.36 62.44 73.83 71.06 72.96

Secmark Consultancy Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 78.80 72.39 70.84 70.56 74.85

Competitive Comparison of Secmark Consultancy's Gross Margin %

For the Consulting Services subindustry, Secmark Consultancy'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.


Secmark Consultancy's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Secmark Consultancy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Secmark Consultancy's Gross Margin % falls into.



Secmark Consultancy Gross Margin % Calculation

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

Secmark Consultancy'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 )
=179.4 / 245.917
=(Revenue - Cost of Goods Sold) / Revenue
=(245.917 - 66.489) / 245.917
=72.96 %

Secmark Consultancy'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 )
=103 / 137.593
=(Revenue - Cost of Goods Sold) / Revenue
=(137.593 - 34.6) / 137.593
=74.85 %

* 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.


Secmark Consultancy  (BOM:543234) 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

Secmark Consultancy had a gross margin of 74.85% 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.


Secmark Consultancy Gross Margin % Related Terms

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


Secmark Consultancy (BOM:543234) Business Description

Traded in Other Exchanges
Address
Near Ambamata Mandir, Plot No 36/ 227, RDP-10, CTS-1C/1/640, Sector-6, Charkop, Kandivali (West), Mumbai, MH, IND, 400067
Secmark Consultancy Ltd offers services in the areas of compliance, operations, risk management, outsourcing, software development, and legal matters to financial market participants and others. The company's products include Order Instruction Management System; Compliancesutra; and E-learning product suite. Its clients include stock and commodity brokers, depository participants, stock exchanges, wealth managers, alternative investment funds, research analysts, insurance companies, insurance brokers, corporate agents, portfolio managers, investment advisors, NBFCs, etc.

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