Sarthak Global (BOM:530993) Gross Margin % : -25.03% (As of Dec. 2023)

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What is Sarthak Global Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sarthak Global's Gross Profit for the three months ended in Dec. 2023 was ₹-0.22 Mil. Sarthak Global's Revenue for the three months ended in Dec. 2023 was ₹0.89 Mil. Therefore, Sarthak Global's Gross Margin % for the quarter that ended in Dec. 2023 was -25.03%.

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

BOM:530993' s Gross Margin % Range Over the Past 10 Years
Min: 2.21 Med: 17.72 Max: 58.21
Current: 39.02

During the past 13 years, the highest Gross Margin % of Sarthak Global was 58.21%. The lowest was 2.21%. And the median was 17.72%.

BOM:530993's Gross Margin % is ranked worse than
58.28% of 604 companies
in the Capital Markets industry
Industry Median: 47.545 vs BOM:530993: 39.02

Sarthak Global had a gross margin of -25.03% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sarthak Global was 30.10% per year.

Sarthak Global Gross Margin % Historical Data

The historical data trend for Sarthak Global'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.

Sarthak Global Gross Margin % Chart

Sarthak Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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2.93

2.21

11.47

17.72

38.97

Sarthak Global 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															10.68	42.67	13.54	-16.67	-25.03

Competitive Comparison of Sarthak Global's Gross Margin %

For the Capital Markets subindustry, Sarthak Global'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.

Sarthak Global's Gross Margin % Distribution in the Capital Markets Industry

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

* The bar in red indicates where Sarthak Global's Gross Margin % falls into.

Sarthak Global Gross Margin % Calculation

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

Sarthak Global'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 )
	=	15.6	/	40.129
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(40.129 - 24.49)	/	40.129
	=	38.97 %

Sarthak Global'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 )
	=	-0.2	/	0.887
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.887 - 1.109)	/	0.887
	=	-25.03 %

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.

Sarthak Global (BOM:530993) 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

Sarthak Global had a gross margin of -25.03% for the quarter that ended in Dec. 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.

Sarthak Global Gross Margin % Related Terms

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Sarthak Global (BOM:530993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sarthak Global Ltd (BOM:530993) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

R.N.T. Marg, 170/10, Film Colony, Indore, MP, IND, 452001

Website

http://www.sarthakglobal.com

Sarthak Global Ltd is engaged in fund activities. It operates in two segments including the Trading of Commodities and Share Transfer Agent. The company also operates in the short-term money market and offers inter-corporate deposits and unsecured advances. Its service offering includes registrar and shares transfer agent services and generates the majority of the revenue from Sales of Commodities.

Sarthak Global (BOM:530993) Headlines

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