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Atishay (BOM:538713) Gross Margin % : 22.69% (As of Mar. 2024)


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What is Atishay Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Atishay's Gross Profit for the three months ended in Mar. 2024 was ₹39.6 Mil. Atishay's Revenue for the three months ended in Mar. 2024 was ₹174.7 Mil. Therefore, Atishay's Gross Margin % for the quarter that ended in Mar. 2024 was 22.69%.

Warning Sign:

Atishay Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.8%.


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

BOM:538713' s Gross Margin % Range Over the Past 10 Years
Min: 14.24   Med: 27.88   Max: 36.29
Current: 25.63


During the past 11 years, the highest Gross Margin % of Atishay was 36.29%. The lowest was 14.24%. And the median was 27.88%.

BOM:538713's Gross Margin % is ranked worse than
72.33% of 2638 companies
in the Software industry
Industry Median: 41.84 vs BOM:538713: 25.63

Atishay had a gross margin of 22.69% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Atishay was -9.80% per year.


Atishay Gross Margin % Historical Data

The historical data trend for Atishay'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.

Atishay Gross Margin % Chart

Atishay 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 22.69 23.93 14.65 14.24 25.63

Atishay Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 22.29 10.11 32.86 34.39 22.69

Competitive Comparison of Atishay's Gross Margin %

For the Information Technology Services subindustry, Atishay'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.


Atishay's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Atishay's Gross Margin % distribution charts can be found below:

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



Atishay Gross Margin % Calculation

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

Atishay'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 )
=110.9 / 432.577
=(Revenue - Cost of Goods Sold) / Revenue
=(432.577 - 321.699) / 432.577
=25.63 %

Atishay'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 )
=39.6 / 174.7
=(Revenue - Cost of Goods Sold) / Revenue
=(174.7 - 135.067) / 174.7
=22.69 %

* 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.


Atishay  (BOM:538713) 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

Atishay had a gross margin of 22.69% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Atishay Gross Margin % Related Terms

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Atishay (BOM:538713) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 36, Zone-I, Maharana Pratap Nagar, Bhopal, MP, IND, 462 011
Atishay Ltd is a data management and information technology company. The company's operating segment includes E-Governance and Retail and Others. It generates maximum revenue from the E-Governance segment. E-Governance segment is engaged in the Preparation of Electoral rolls, Electors Photo identity cards, Aadhaar Enrolment Services, and related Services. The Retail and Others segment includes Multi-Recharge/Retail Services, E-Mitra Services, System Integration and Device Supply and related Services.

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