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Indian Energy Exchange (BOM:540750) Gross Margin % : 91.50% (As of Mar. 2024)


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What is Indian Energy Exchange Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Indian Energy Exchange's Gross Profit for the three months ended in Mar. 2024 was ₹1,110 Mil. Indian Energy Exchange's Revenue for the three months ended in Mar. 2024 was ₹1,213 Mil. Therefore, Indian Energy Exchange's Gross Margin % for the quarter that ended in Mar. 2024 was 91.50%.


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

BOM:540750' s Gross Margin % Range Over the Past 10 Years
Min: 80.19   Med: 90.1   Max: 91.66
Current: 91.31


During the past 12 years, the highest Gross Margin % of Indian Energy Exchange was 91.66%. The lowest was 80.19%. And the median was 90.10%.

BOM:540750's Gross Margin % is ranked better than
89.11% of 597 companies
in the Capital Markets industry
Industry Median: 49.02 vs BOM:540750: 91.31

Indian Energy Exchange had a gross margin of 91.50% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indian Energy Exchange was 0.70% per year.


Indian Energy Exchange Gross Margin % Historical Data

The historical data trend for Indian Energy Exchange'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 Energy Exchange Gross Margin % Chart

Indian Energy Exchange 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 87.29 86.07 90.09 91.36 91.31

Indian Energy Exchange 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 91.58 90.52 91.24 91.91 91.50

Competitive Comparison of Indian Energy Exchange's Gross Margin %

For the Capital Markets subindustry, Indian Energy Exchange'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 Energy Exchange's Gross Margin % Distribution in the Capital Markets Industry

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

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



Indian Energy Exchange Gross Margin % Calculation

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

Indian Energy Exchange'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 )
=4101.4 / 4491.532
=(Revenue - Cost of Goods Sold) / Revenue
=(4491.532 - 390.114) / 4491.532
=91.31 %

Indian Energy Exchange'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 )
=1109.7 / 1212.838
=(Revenue - Cost of Goods Sold) / Revenue
=(1212.838 - 103.145) / 1212.838
=91.50 %

* 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 Energy Exchange  (BOM:540750) 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 Energy Exchange had a gross margin of 91.50% 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 Energy Exchange Gross Margin % Related Terms

Thank you for viewing the detailed overview of Indian Energy Exchange's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Indian Energy Exchange (BOM:540750) Business Description

Traded in Other Exchanges
Address
Gautam Buddha Nagar, 9th Floor, Plot No. C-001/A/1, Max Towers, Sector 16B, Noida, UP, IND, 201 301
Indian Energy Exchange Ltd is an India-based power trading platform provider. It offers an automated platform for physical delivery of electricity, IEX enables efficient price discovery and offers participants the opportunity to trade in a variety of energy products. It offers an electronic platform for the trading of electricity products in India. The Company has determined reportable segments by the nature of its products and services, which are Power exchange, Carbon exchange, and Gas exchange.

Indian Energy Exchange (BOM:540750) Headlines

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