Getalong Enterprise (BOM:543372) Gross Margin % : 22.94% (As of Mar. 2023)

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What is Getalong Enterprise Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Getalong Enterprise's Gross Profit for the six months ended in Mar. 2023 was ₹71.1 Mil. Getalong Enterprise's Revenue for the six months ended in Mar. 2023 was ₹310.0 Mil. Therefore, Getalong Enterprise's Gross Margin % for the quarter that ended in Mar. 2023 was 22.94%.

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

BOM:543372' s Gross Margin % Range Over the Past 10 Years
Min: 2.52 Med: 4.72 Max: 13.38
Current: 13.38

During the past 3 years, the highest Gross Margin % of Getalong Enterprise was 13.38%. The lowest was 2.52%. And the median was 4.72%.

BOM:543372's Gross Margin % is ranked worse than
96.08% of 102 companies
in the Personal Services industry
Industry Median: 45.165 vs BOM:543372: 13.38

Getalong Enterprise had a gross margin of 22.94% for the quarter that ended in Mar. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Getalong Enterprise was 0.00% per year.

Getalong Enterprise Gross Margin % Historical Data

The historical data trend for Getalong Enterprise'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.

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Getalong Enterprise Gross Margin % Chart

Getalong Enterprise Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

2.52

4.72

13.38

Getalong Enterprise Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23
Gross Margin %	-	1.80	7.01	5.80	22.94

Competitive Comparison of Getalong Enterprise's Gross Margin %

For the Personal Services subindustry, Getalong Enterprise'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.

Getalong Enterprise's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Getalong Enterprise's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Getalong Enterprise's Gross Margin % falls into.

Getalong Enterprise Gross Margin % Calculation

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

Getalong Enterprise'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 )
	=	93.7	/	700.171
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(700.171 - 606.461)	/	700.171
	=	13.38 %

Getalong Enterprise's Gross Margin for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )	=	Gross Profit (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	71.1	/	309.97
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(309.97 - 238.874)	/	309.97
	=	22.94 %

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.

Getalong Enterprise (BOM:543372) 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

Getalong Enterprise had a gross margin of 22.94% for the quarter that ended in Mar. 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.

Getalong Enterprise Gross Margin % Related Terms

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Getalong Enterprise (BOM:543372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Getalong Enterprise Ltd (BOM:543372) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Damji Shamji Corporate Square, Office No. 402, B-Wing, Laxmi Nagar, Ghatkopar (East), Mumbai, MH, IND, 400 075

Website

https://www.getalongenterprise.com

Getalong Enterprise Ltd is engaged in the business of providing Tax Advisory and compliance Filing Services on a standalone basis and trading Garments in its subsidiary. The firm's service offering comprises Tax Advisory, Tax Compliance, Legal Services, Business Formation, Financial services, and Allied services.

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