Shipping of India Land and Assets (NSE:SCILAL) Gross Margin % : -84.29% (As of Jun. 2023)

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What is Shipping of India Land and Assets Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shipping of India Land and Assets's Gross Profit for the three months ended in Jun. 2023 was ₹-27.90 Mil. Shipping of India Land and Assets's Revenue for the three months ended in Jun. 2023 was ₹33.10 Mil. Therefore, Shipping of India Land and Assets's Gross Margin % for the quarter that ended in Jun. 2023 was -84.29%.

The historical rank and industry rank for Shipping of India Land and Assets's Gross Margin % or its related term are showing as below:

NSE:SCILAL' s Gross Margin % Range Over the Past 10 Years
Min: -84.29 Med: -50.58 Max: -31.75
Current: -84.29

During the past 3 years, the highest Gross Margin % of Shipping of India Land and Assets was -31.75%. The lowest was -84.29%. And the median was -50.58%.

NSE:SCILAL's Gross Margin % is ranked worse than
99.37% of 945 companies
in the Transportation industry
Industry Median: 20.08 vs NSE:SCILAL: -84.29

Shipping of India Land and Assets had a gross margin of -84.29% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shipping of India Land and Assets was 0.00% per year.

Shipping of India Land and Assets Gross Margin % Historical Data

The historical data trend for Shipping of India Land and Assets'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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Shipping of India Land and Assets Gross Margin % Chart

Shipping of India Land and Assets Annual Data

Trend

Mar22

Mar23

Mar24

Gross Margin %

-31.75

-65.52

-50.58

Shipping of India Land and Assets Quarterly Data
	Mar22	Jun22	Mar23	Jun23	Mar24
Gross Margin %	-	-74.73	-	-84.29	-

Competitive Comparison of Shipping of India Land and Assets's Gross Margin %

For the Marine Shipping subindustry, Shipping of India Land and Assets'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.

Shipping of India Land and Assets's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shipping of India Land and Assets's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shipping of India Land and Assets's Gross Margin % falls into.

Shipping of India Land and Assets Gross Margin % Calculation

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

Shipping of India Land and Assets'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 )
	=	-87.1	/	172.2
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(172.2 - 259.3)	/	172.2
	=	-50.58 %

Shipping of India Land and Assets's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	-27.9	/	33.1
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(33.1 - 61)	/	33.1
	=	-84.29 %

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.

Shipping of India Land and Assets (NSE:SCILAL) 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

Shipping of India Land and Assets had a gross margin of -84.29% for the quarter that ended in Jun. 2023 => No sustainable 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.

Shipping of India Land and Assets Gross Margin % Related Terms

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Shipping of India Land and Assets (NSE:SCILAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shipping Corp of India Land and Assets Ltd (NSE:SCILAL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

544142:India

Address

Madame Cama Road, 245, Shipping House, Mumbai, MH, IND, 400021

Website

https://www.scilal.com

Shipping Corp of India Land and Assets Ltd is a wholly owned subsidiary of The Shipping Corporation of India (sci). The SCI has today evolved into the largest Indian shipping Company. SCI's owned fleet includes Bulk carriers, Crude oil tankers, Product tankers, Container vessels, Passenger-cum-Cargo vessels, LPG and Offshore Supply Vessels. Sailing through for six decades, SCI today has a significant presence on the global maritime map. The SCI owns and operates around one-third of the Indian tonnage, and has operating interests in practically all areas of the shipping business; servicing both national and international trades.

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