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Tantia Constructions (BOM:532738) Gross Margin % : 61.34% (As of Mar. 2024)


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What is Tantia Constructions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tantia Constructions's Gross Profit for the three months ended in Mar. 2024 was ₹139.0 Mil. Tantia Constructions's Revenue for the three months ended in Mar. 2024 was ₹226.6 Mil. Therefore, Tantia Constructions's Gross Margin % for the quarter that ended in Mar. 2024 was 61.34%.


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

BOM:532738' s Gross Margin % Range Over the Past 10 Years
Min: -37.15   Med: 17.75   Max: 64.03
Current: 64.03


During the past 13 years, the highest Gross Margin % of Tantia Constructions was 64.03%. The lowest was -37.15%. And the median was 17.75%.

BOM:532738's Gross Margin % is ranked better than
93.98% of 1610 companies
in the Construction industry
Industry Median: 19.215 vs BOM:532738: 64.03

Tantia Constructions had a gross margin of 61.34% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Tantia Constructions Gross Margin % Historical Data

The historical data trend for Tantia Constructions'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.

Tantia Constructions Gross Margin % Chart

Tantia Constructions 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 -1.55 18.90 13.05 9.67 33.89

Tantia Constructions Quarterly Data
Jun18 Dec18 Mar19 Jun19 Dec19 Mar20 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 6.79 29.66 151.86 36.59 61.34

Competitive Comparison of Tantia Constructions's Gross Margin %

For the Engineering & Construction subindustry, Tantia Constructions'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.


Tantia Constructions's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tantia Constructions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tantia Constructions's Gross Margin % falls into.



Tantia Constructions Gross Margin % Calculation

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

Tantia Constructions'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 )
=179.8 / 530.5
=(Revenue - Cost of Goods Sold) / Revenue
=(530.5 - 350.7) / 530.5
=33.89 %

Tantia Constructions'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 )
=139 / 226.6
=(Revenue - Cost of Goods Sold) / Revenue
=(226.6 - 87.6) / 226.6
=61.34 %

* 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.


Tantia Constructions  (BOM:532738) 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

Tantia Constructions had a gross margin of 61.34% 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.


Tantia Constructions Gross Margin % Related Terms

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Tantia Constructions (BOM:532738) Business Description

Traded in Other Exchanges
Address
DD-30, Sector-1, 7th Floor, Salt Lake City, Kolkata, WB, IND, 700 064
Tantia Constructions Ltd is a civil infrastructure solutions providers in India. The company's core infrastructure segments are railways, roads, urban development, infrastructure and industrial fabrication, power, marine and aviation. Geographically, it derives a majority of revenue from India.

Tantia Constructions (BOM:532738) Headlines

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