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Jindal Hotels (BOM:507981) Gross Margin % : 67.14% (As of Mar. 2024)


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What is Jindal Hotels Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jindal Hotels's Gross Profit for the three months ended in Mar. 2024 was ₹85.8 Mil. Jindal Hotels's Revenue for the three months ended in Mar. 2024 was ₹127.8 Mil. Therefore, Jindal Hotels's Gross Margin % for the quarter that ended in Mar. 2024 was 67.14%.


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

BOM:507981' s Gross Margin % Range Over the Past 10 Years
Min: 50.67   Med: 61.55   Max: 63.7
Current: 62.38


During the past 13 years, the highest Gross Margin % of Jindal Hotels was 63.70%. The lowest was 50.67%. And the median was 61.55%.

BOM:507981's Gross Margin % is ranked better than
72.98% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.225 vs BOM:507981: 62.38

Jindal Hotels had a gross margin of 67.14% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Jindal Hotels was 0.80% per year.


Jindal Hotels Gross Margin % Historical Data

The historical data trend for Jindal Hotels'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.

* Premium members only.

Jindal Hotels Gross Margin % Chart

Jindal Hotels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.69 50.67 58.42 63.06 62.38

Jindal Hotels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.99 59.01 53.57 66.06 67.14

Competitive Comparison of Jindal Hotels's Gross Margin %

For the Lodging subindustry, Jindal Hotels'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.


Jindal Hotels's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jindal Hotels's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jindal Hotels's Gross Margin % falls into.



Jindal Hotels Gross Margin % Calculation

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

Jindal Hotels'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 )
=269.3 / 431.732
=(Revenue - Cost of Goods Sold) / Revenue
=(431.732 - 162.431) / 431.732
=62.38 %

Jindal Hotels'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 )
=85.8 / 127.766
=(Revenue - Cost of Goods Sold) / Revenue
=(127.766 - 41.982) / 127.766
=67.14 %

* 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.


Jindal Hotels  (BOM:507981) 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

Jindal Hotels had a gross margin of 67.14% for the quarter that ended in Mar. 2024 => Durable 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.


Jindal Hotels Gross Margin % Related Terms

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Jindal Hotels (BOM:507981) Business Description

Traded in Other Exchanges
N/A
Address
GRAND MERCURE Vadodara Surya Palace, Sayajigunj, Vadodara, GJ, IND, 390020
Jindal Hotels Ltd is engaged in providing food and beverage, wine, and accommodation services. The company operates in a single segment namely Hoteliering. It is in the business of operating a three-star category hotel namely Hotel Surya Palace, and Restaurant which includes the Azure restaurant. The company operates a business hotel in Vadodara city with approximately 143 guest rooms, 6 large and medium banquet halls, a boardroom, a restaurant, a swimming pool, a health club, a liquor shop, and various other amenities.

Jindal Hotels (BOM:507981) Headlines

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