Techknowgreen Solutions (BOM:543991) Gross Margin % : 84.52% (As of Sep. 2023)

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What is Techknowgreen Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Techknowgreen Solutions's Gross Profit for the six months ended in Sep. 2023 was ₹77.97 Mil. Techknowgreen Solutions's Revenue for the six months ended in Sep. 2023 was ₹92.24 Mil. Therefore, Techknowgreen Solutions's Gross Margin % for the quarter that ended in Sep. 2023 was 84.52%.

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

BOM:543991' s Gross Margin % Range Over the Past 10 Years
Min: 35.61 Med: 42.65 Max: 86.4
Current: 84.52

During the past 3 years, the highest Gross Margin % of Techknowgreen Solutions was 86.40%. The lowest was 35.61%. And the median was 42.65%.

BOM:543991's Gross Margin % is ranked better than
90.98% of 987 companies
in the Business Services industry
Industry Median: 34.38 vs BOM:543991: 84.52

Techknowgreen Solutions had a gross margin of 84.52% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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

Techknowgreen Solutions Gross Margin % Historical Data

The historical data trend for Techknowgreen Solutions'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.

Techknowgreen Solutions Gross Margin % Chart

Techknowgreen Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

42.65

35.61

86.40

Techknowgreen Solutions Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Gross Margin %	-	-	-	84.52

Competitive Comparison of Techknowgreen Solutions's Gross Margin %

For the Consulting Services subindustry, Techknowgreen Solutions'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.

Techknowgreen Solutions's Gross Margin % Distribution in the Business Services Industry

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

* The bar in red indicates where Techknowgreen Solutions's Gross Margin % falls into.

Techknowgreen Solutions Gross Margin % Calculation

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

Techknowgreen Solutions'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 )
	=	128.2	/	148.385
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(148.385 - 20.181)	/	148.385
	=	86.40 %

Techknowgreen Solutions's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	78	/	92.243
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(92.243 - 14.276)	/	92.243
	=	84.52 %

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.

Techknowgreen Solutions (BOM:543991) 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

Techknowgreen Solutions had a gross margin of 84.52% for the quarter that ended in Sep. 2023 => 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.

Techknowgreen Solutions Gross Margin % Related Terms

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Techknowgreen Solutions (BOM:543991) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Techknowgreen Solutions Ltd (BOM:543991) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flat-202, Hem Opal Apartment, Plot No. 26, Ekta Park Society, Wakdewadi, Pune, MH, IND, 411003

Website

http://www.techknowgreen.com

Techknowgreen Solutions Ltd is an environmental consulting company. It is engaged in the business of 'providing consulting services in almost every realm of environment & infrastructure planning, solutions to every problem of environment & climate change, which are both environmentally as well as economically feasible. It is one of the first companies in India to provide environmental IT solutions through cutting-edge software applications and compliance solutions. The company has diverse experience in handling complex projects across various industries like infrastructure, chemical, automobile, healthcare, manufacturing, real estate and national/state governments. Its client base includes government, semi-government organizations, MNCs, large companies, mid-size companies and MSMEs.

Techknowgreen Solutions (BOM:543991) Headlines

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