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Keynote Financial Services (BOM:512597) Gross Margin % : 82.86% (As of Dec. 2023)


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What is Keynote Financial Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Keynote Financial Services's Gross Profit for the three months ended in Dec. 2023 was ₹70.0 Mil. Keynote Financial Services's Revenue for the three months ended in Dec. 2023 was ₹84.5 Mil. Therefore, Keynote Financial Services's Gross Margin % for the quarter that ended in Dec. 2023 was 82.86%.

Warning Sign:

Keynote Financial Services Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


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

BOM:512597' s Gross Margin % Range Over the Past 10 Years
Min: 52.55   Med: 70.8   Max: 100.67
Current: 73.67


During the past 13 years, the highest Gross Margin % of Keynote Financial Services was 100.67%. The lowest was 52.55%. And the median was 70.80%.

BOM:512597's Gross Margin % is ranked better than
75.29% of 607 companies
in the Capital Markets industry
Industry Median: 48.7 vs BOM:512597: 73.67

Keynote Financial Services had a gross margin of 82.86% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Keynote Financial Services was -1.30% per year.


Keynote Financial Services Gross Margin % Historical Data

The historical data trend for Keynote Financial Services'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.

Keynote Financial Services Gross Margin % Chart

Keynote Financial Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.56 52.55 69.70 70.80 64.06

Keynote Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 68.88 61.94 67.89 68.94 82.86

Competitive Comparison of Keynote Financial Services's Gross Margin %

For the Capital Markets subindustry, Keynote Financial Services'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.


Keynote Financial Services's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Keynote Financial Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Keynote Financial Services's Gross Margin % falls into.



Keynote Financial Services Gross Margin % Calculation

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

Keynote Financial Services'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 )
=88.7 / 138.398
=(Revenue - Cost of Goods Sold) / Revenue
=(138.398 - 49.737) / 138.398
=64.06 %

Keynote Financial Services's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=70 / 84.479
=(Revenue - Cost of Goods Sold) / Revenue
=(84.479 - 14.476) / 84.479
=82.86 %

* 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.


Keynote Financial Services  (BOM:512597) 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

Keynote Financial Services had a gross margin of 82.86% for the quarter that ended in Dec. 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.


Keynote Financial Services Gross Margin % Related Terms

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Keynote Financial Services (BOM:512597) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Corporate Finance segment. Geographically, it generates the majority of the revenue from India.

Keynote Financial Services (BOM:512597) Headlines

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