MITCON Consultancy & Engineering Services (NSE:MITCON) COGS-to-Revenue : 0.28 (As of Dec. 2023)

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What is MITCON Consultancy & Engineering Services COGS-to-Revenue?

MITCON Consultancy & Engineering Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹69 Mil. Its Revenue for the three months ended in Dec. 2023 was ₹241 Mil.

MITCON Consultancy & Engineering Services's COGS to Revenue for the three months ended in Dec. 2023 was 0.28.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MITCON Consultancy & Engineering Services's Gross Margin % for the three months ended in Dec. 2023 was 71.53%.

MITCON Consultancy & Engineering Services COGS-to-Revenue Historical Data

The historical data trend for MITCON Consultancy & Engineering Services's COGS-to-Revenue 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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MITCON Consultancy & Engineering Services COGS-to-Revenue Chart

MITCON Consultancy & Engineering Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.39

0.41

0.29

0.57

0.35

MITCON Consultancy & Engineering Services Quarterly Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.32	0.38	0.39	0.51	0.28

MITCON Consultancy & Engineering Services COGS-to-Revenue Calculation

MITCON Consultancy & Engineering Services's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	290.096	/	836.516
	=	0.35

MITCON Consultancy & Engineering Services's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	68.746	/	241.475
	=	0.28

MITCON Consultancy & Engineering Services (NSE:MITCON) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

MITCON Consultancy & Engineering Services's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	68.746 / 241.475
	=	71.53 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

MITCON Consultancy & Engineering Services COGS-to-Revenue Related Terms

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MITCON Consultancy & Engineering Services (NSE:MITCON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MITCON Consultancy & Engineering Services Ltd (NSE:MITCON) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kubera Chambers, First Floor, Shivajinagar, Pune, MH, IND, 411005

Website

https://www.mitconindia.com

MITCON Consultancy & Engineering Services Ltd is a consultancy company. The company's operating segments include Consultancy and Training, Project Services, and Wind Power Generation. It generates maximum revenue from the Consultancy and Training segment. The company serves various sectors such as Solar Energy, Infrastructure, Power and Energy Conservation, Environment Management and Engineering division, Banking and Financial Solution division, Industrial Infrastructure, and others.

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