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Cargosol Logistics (BOM:543621) Gross Margin % : 89.67% (As of Sep. 2023)


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What is Cargosol Logistics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cargosol Logistics's Gross Profit for the six months ended in Sep. 2023 was ₹548 Mil. Cargosol Logistics's Revenue for the six months ended in Sep. 2023 was ₹611 Mil. Therefore, Cargosol Logistics's Gross Margin % for the quarter that ended in Sep. 2023 was 89.67%.


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

BOM:543621' s Gross Margin % Range Over the Past 10 Years
Min: 91.58   Med: 93.63   Max: 96.6
Current: 92.67


During the past 4 years, the highest Gross Margin % of Cargosol Logistics was 96.60%. The lowest was 91.58%. And the median was 93.63%.

BOM:543621's Gross Margin % is ranked better than
99.05% of 948 companies
in the Transportation industry
Industry Median: 20.01 vs BOM:543621: 92.67

Cargosol Logistics had a gross margin of 89.67% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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


Cargosol Logistics Gross Margin % Historical Data

The historical data trend for Cargosol Logistics'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.

Cargosol Logistics Gross Margin % Chart

Cargosol Logistics Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
91.58 92.73 96.60 94.52

Cargosol Logistics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial - - 93.99 95.24 89.67

Competitive Comparison of Cargosol Logistics's Gross Margin %

For the Integrated Freight & Logistics subindustry, Cargosol Logistics'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.


Cargosol Logistics's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cargosol Logistics's Gross Margin % distribution charts can be found below:

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



Cargosol Logistics Gross Margin % Calculation

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

Cargosol Logistics'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 )
=1606.2 / 1699.396
=(Revenue - Cost of Goods Sold) / Revenue
=(1699.396 - 93.196) / 1699.396
=94.52 %

Cargosol Logistics'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 )
=548 / 611.162
=(Revenue - Cost of Goods Sold) / Revenue
=(611.162 - 63.16) / 611.162
=89.67 %

* 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.


Cargosol Logistics  (BOM:543621) 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

Cargosol Logistics had a gross margin of 89.67% 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.


Cargosol Logistics Gross Margin % Related Terms

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Cargosol Logistics (BOM:543621) Business Description

Traded in Other Exchanges
N/A
Address
Sahar Road, 502, Swaroop Arcade, Andheri (East), Mumbai, MH, IND, 400099
Cargosol Logistics Ltd is a complete 3 PL (third-party logistics) service provider, delivering end-to-end solutions in the logistics and supply chain domain involving multimodal transport operations, owning and operating container, sea and air freight, transportation, warehousing, custom clearance services and handling of project cargo.

Cargosol Logistics (BOM:543621) Headlines

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