Globesecure Technologies (NSE:GSTL) Gross Profit : ₹53.2 Mil (TTM As of Sep. 2023)

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What is Globesecure Technologies Gross Profit?

Globesecure Technologies's gross profit for the six months ended in Sep. 2023 was ₹22.9 Mil. Globesecure Technologies's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₹53.2 Mil.

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%.

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

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%.

Globesecure Technologies Gross Profit Historical Data

The historical data trend for Globesecure Technologies's Gross Profit 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 Profit Chart

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

20.63

20.38

29.05

30.34

43.75

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Profit	Get a 7-Day Free Trial			7.12	23.22	13.50	30.25	22.94

Competitive Comparison of Globesecure Technologies's Gross Profit

For the Software - Infrastructure subindustry, Globesecure Technologies's Gross Profit, along with its competitors' market caps and Gross Profit 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 Profit Distribution in the Software Industry

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

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

Globesecure Technologies Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Globesecure Technologies's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	258.297	-	214.549
	=	43.7

Globesecure Technologies's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	100.517	-	77.573
	=	22.9

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹53.2 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

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 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	22.9	/	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 Profit 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

Globesecure Technologies Gross Profit 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 Profit

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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