Silicon Rental Solutions (BOM:543615) Gross Margin % : 85.46% (As of Sep. 2023)

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What is Silicon Rental Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Silicon Rental Solutions's Gross Profit for the six months ended in Sep. 2023 was ₹206.3 Mil. Silicon Rental Solutions's Revenue for the six months ended in Sep. 2023 was ₹241.4 Mil. Therefore, Silicon Rental Solutions's Gross Margin % for the quarter that ended in Sep. 2023 was 85.46%.

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

BOM:543615' s Gross Margin % Range Over the Past 10 Years
Min: 72.67 Med: 92.1 Max: 96.83
Current: 85.71

During the past 7 years, the highest Gross Margin % of Silicon Rental Solutions was 96.83%. The lowest was 72.67%. And the median was 92.10%.

BOM:543615's Gross Margin % is ranked better than
91.23% of 2635 companies
in the Software industry
Industry Median: 41.74 vs BOM:543615: 85.71

Silicon Rental Solutions had a gross margin of 85.46% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Silicon Rental Solutions was -0.40% per year.

Silicon Rental Solutions Gross Margin % Historical Data

The historical data trend for Silicon Rental Solutions'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.

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Silicon Rental Solutions Gross Margin % Chart

Silicon Rental Solutions Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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92.98

95.85

96.83

89.30

91.64

Silicon Rental Solutions Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial				-	-	97.59	86.04	85.46

Competitive Comparison of Silicon Rental Solutions's Gross Margin %

For the Information Technology Services subindustry, Silicon Rental Solutions'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.

Silicon Rental Solutions's Gross Margin % Distribution in the Software Industry

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

* The bar in red indicates where Silicon Rental Solutions's Gross Margin % falls into.

Silicon Rental Solutions Gross Margin % Calculation

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

Silicon Rental Solutions'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 )
	=	332.6	/	362.962
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(362.962 - 30.348)	/	362.962
	=	91.64 %

Silicon Rental Solutions's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	206.3	/	241.433
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(241.433 - 35.112)	/	241.433
	=	85.46 %

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.

Silicon Rental Solutions (BOM:543615) 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

Silicon Rental Solutions had a gross margin of 85.46% for the quarter that ended in Sep. 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.

Silicon Rental Solutions Gross Margin % Related Terms

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Silicon Rental Solutions (BOM:543615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silicon Rental Solutions Ltd (BOM:543615) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052

Website

https://www.silicongroup1.com

Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

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