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Indian Hotels Co (BOM:500850) Gross Margin % : 68.13% (As of Mar. 2024)


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What is Indian Hotels Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Indian Hotels Co's Gross Profit for the three months ended in Mar. 2024 was ₹12,981 Mil. Indian Hotels Co's Revenue for the three months ended in Mar. 2024 was ₹19,053 Mil. Therefore, Indian Hotels Co's Gross Margin % for the quarter that ended in Mar. 2024 was 68.13%.


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

BOM:500850' s Gross Margin % Range Over the Past 10 Years
Min: 24.71   Med: 50.34   Max: 66.39
Current: 66.39


During the past 13 years, the highest Gross Margin % of Indian Hotels Co was 66.39%. The lowest was 24.71%. And the median was 50.34%.

BOM:500850's Gross Margin % is ranked better than
77.65% of 765 companies
in the Travel & Leisure industry
Industry Median: 43.19 vs BOM:500850: 66.39

Indian Hotels Co had a gross margin of 68.13% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indian Hotels Co was 4.20% per year.


Indian Hotels Co Gross Margin % Historical Data

The historical data trend for Indian Hotels Co'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.

Indian Hotels Co Gross Margin % Chart

Indian Hotels Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.02 24.71 46.82 64.63 65.64

Indian Hotels Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 66.49 66.33 61.42 68.34 68.13

Competitive Comparison of Indian Hotels Co's Gross Margin %

For the Lodging subindustry, Indian Hotels Co'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.


Indian Hotels Co's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Indian Hotels Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indian Hotels Co's Gross Margin % falls into.



Indian Hotels Co Gross Margin % Calculation

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

Indian Hotels Co'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 )
=44427.1 / 67687.5
=(Revenue - Cost of Goods Sold) / Revenue
=(67687.5 - 23260.4) / 67687.5
=65.64 %

Indian Hotels Co'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 )
=12981.4 / 19053.4
=(Revenue - Cost of Goods Sold) / Revenue
=(19053.4 - 6072) / 19053.4
=68.13 %

* 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.


Indian Hotels Co  (BOM:500850) 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

Indian Hotels Co had a gross margin of 68.13% 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.


Indian Hotels Co Gross Margin % Related Terms

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Indian Hotels Co (BOM:500850) Business Description

Traded in Other Exchanges
Address
Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021
Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

Indian Hotels Co (BOM:500850) Headlines

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