Prime Securities Ltd gross margin has been in long-term decline. The average rate of decline per year is -4%.
The historical rank and industry rank for Prime Securities's Gross Margin % or its related term are showing as below:
NSE:PRIMESECU'
s Gross Margin % Range Over the Past 10 Years
Min: 5.82 Med: 53.5 Max: 92.46
Current: 43.89
During the past 13 years, the highestGross Margin % of Prime Securities was 92.46%. The lowest was 5.82%. And the median was 53.50%.
NSE:PRIMESECU's Gross Margin % is ranked worse than 54.94% of 597
companies
in the Capital Markets industry
Industry Median: 49.66
vs NSE:PRIMESECU: 43.89
Prime Securities had a gross margin of 24.12% for the quarter that ended in Mar. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Prime Securities was -4.00% per year.
Prime Securities Gross Margin % Historical Data
The historical data trend for Prime Securities'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.
Competitive Comparison of Prime Securities's Gross Margin %
For the Capital Markets subindustry, Prime Securities'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.
Prime Securities's Gross Margin % Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Prime Securities's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Prime Securities's Gross Margin % falls into.
* 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.
Prime Securities (NSE:PRIMESECU) 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
Prime Securities had a gross margin of 24.12% for the quarter that ended in Mar. 2024 => 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.
Prime Securities Gross Margin % Related Terms
Thank you for viewing the detailed overview of Prime Securities's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Prime Securities (NSE:PRIMESECU) Business Description
Prime Securities Ltd is engaged in the provision of investment banking and corporate advisory services. The business activity of the group is operated through - Financial Advisory & Intermediation services and Brokerage from Mutual Fund distribution. The company is in providing value-added advice and services to clients on complex strategic and financial decisions and transactions focused on fundraising, mergers and acquisitions, equity and debt private placements, initial public offerings, corporate advisory, and capital restructuring. The company's business segment is providing merchant banking and advisory services. Geographically, all the activities function throughout the region of India.
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