Globesecure Technologies (NSE:GSTL) Gross Margin % : 22.83% (As of Sep. 2023)

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What is Globesecure Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Globesecure Technologies's Gross Profit for the six months ended in Sep. 2023 was ₹22.9 Mil. Globesecure Technologies's Revenue for the six months ended in Sep. 2023 was ₹100.5 Mil. Therefore, Globesecure Technologies's Gross Margin % for the quarter that ended in Sep. 2023 was 22.83%.

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

NSE:GSTL' s Gross Margin % Range Over the Past 10 Years
Min: 10.62 Med: 15.38 Max: 20.8
Current: 17.53

During the past 5 years, the highest Gross Margin % of Globesecure Technologies was 20.80%. The lowest was 10.62%. And the median was 15.38%.

NSE:GSTL's Gross Margin % is ranked worse than
85.59% of 2631 companies
in the Software industry
Industry Median: 41.74 vs NSE:GSTL: 17.53

Globesecure Technologies had a gross margin of 22.83% for the quarter that ended in Sep. 2023 => Competition eroding margins

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

Globesecure Technologies Gross Margin % Historical Data

The historical data trend for Globesecure Technologies'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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Globesecure Technologies Gross Margin % Chart

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

20.80

10.62

15.38

11.51

16.94

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial			23.32	9.96	24.35	14.91	22.83

Competitive Comparison of Globesecure Technologies's Gross Margin %

For the Software - Infrastructure subindustry, Globesecure Technologies'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.

Globesecure Technologies's Gross Margin % Distribution in the Software Industry

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

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

Globesecure Technologies Gross Margin % Calculation

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

Globesecure Technologies'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 )
	=	43.7	/	258.297
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(258.297 - 214.549)	/	258.297
	=	16.94 %

Globesecure Technologies'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 )
	=	22.9	/	100.517
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(100.517 - 77.573)	/	100.517
	=	22.83 %

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.

Globesecure Technologies (NSE:GSTL) 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

Globesecure Technologies had a gross margin of 22.83% for the quarter that ended in Sep. 2023 => 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.

Globesecure Technologies Gross Margin % Related Terms

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Globesecure Technologies (NSE:GSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

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