VL E-Governance & IT Solutions (BOM:543958) Gross Margin % : 0.00% (As of Mar. 2024)

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What is VL E-Governance & IT Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. VL E-Governance & IT Solutions's Gross Profit for the three months ended in Mar. 2024 was ₹-2.3 Mil. VL E-Governance & IT Solutions's Revenue for the three months ended in Mar. 2024 was ₹0.0 Mil. Therefore, VL E-Governance & IT Solutions's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%.

The historical rank and industry rank for VL E-Governance & IT Solutions's Gross Margin % or its related term are showing as below:

BOM:543958' s Gross Margin % Range Over the Past 10 Years
Min: -11.03 Med: -3.26 Max: 4.52
Current: -7.02

During the past 2 years, the highest Gross Margin % of VL E-Governance & IT Solutions was 4.52%. The lowest was -11.03%. And the median was -3.26%.

BOM:543958's Gross Margin % is ranked worse than
97.15% of 948 companies
in the Transportation industry
Industry Median: 20.035 vs BOM:543958: -7.02

VL E-Governance & IT Solutions had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for VL E-Governance & IT Solutions was 0.00% per year.

VL E-Governance & IT Solutions Gross Margin % Historical Data

The historical data trend for VL E-Governance & IT 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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VL E-Governance & IT Solutions Gross Margin % Chart

VL E-Governance & IT Solutions Annual Data

Trend

Mar23

Mar24

Gross Margin %

4.52

-11.03

VL E-Governance & IT Solutions Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial			0.77	11.32	-4.10	-	-

Competitive Comparison of VL E-Governance & IT Solutions's Gross Margin %

For the Integrated Freight & Logistics subindustry, VL E-Governance & IT 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.

VL E-Governance & IT Solutions's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, VL E-Governance & IT Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where VL E-Governance & IT Solutions's Gross Margin % falls into.

VL E-Governance & IT Solutions Gross Margin % Calculation

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

VL E-Governance & IT Solutions'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 )
	=	-24.3	/	220.11
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(220.11 - 244.394)	/	220.11
	=	-11.03 %

VL E-Governance & IT Solutions'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 )
	=	-2.3	/	0
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0 - 2.319)	/	0
	=	%

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.

VL E-Governance & IT Solutions (BOM:543958) 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

VL E-Governance & IT Solutions had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable 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.

VL E-Governance & IT Solutions Gross Margin % Related Terms

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VL E-Governance & IT Solutions (BOM:543958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

VLEGOV:India

Address

Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093

Website

VL E Governance and IT Solutions Pvt Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports.

VL E-Governance & IT Solutions (BOM:543958) Headlines

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