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BOM:509084's Gross Margin % is ranked better than 66.85% of 552
companies
in the Asset Management industry
Industry Median: 56.735
vs BOM:509084: 77.81
Photon Capital Advisors had a gross margin of 95.05% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Photon Capital Advisors was 0.00% per year.
Photon Capital Advisors (BOM:509084) 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
Photon Capital Advisors had a gross margin of 95.05% for the quarter that ended in Mar. 2026 => 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.
Photon Capital Advisors Gross Margin % Related Terms
Photon Capital Advisors Gross Margin % Historical Data
* 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.
BOM:509084 vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, Photon Capital Advisors'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.
Photon Capital Advisors Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Photon Capital Advisors's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Photon Capital Advisors'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.
Photon Capital Advisors (BOM:509084) has a Gross Margin % of 95.05% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Photon Capital Advisors and its competitors. According to the industry distribution chart, Photon Capital Advisors ranks #183 out of 552 companies in the Asset Management industry, placing it in the top 33.2%.
Is Photon Capital Advisors' Gross Margin % too high?
Photon Capital Advisors' current Gross Margin % is 95.05%. The Asset Management industry median Gross Margin % is 56.74. Photon Capital Advisors' value of 95.05% is 67.5% above this industry median. Based on the distribution chart, Photon Capital Advisors ranks #183 out of 552 companies in the Asset Management industry, which is above the industry midpoint. Overall, Photon Capital Advisors has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Photon Capital Advisors' Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Photon Capital Advisors ranks #183 out of 552 companies for Gross Margin %. This puts Photon Capital Advisors in the upper half of its industry. The industry median Gross Margin % is 56.74. Photon Capital Advisors' value of 95.05% is 67.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.74, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Photon Capital Advisors's current Gross Margin % of 95.05% is 67.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Photon Capital Advisors and its competitors. For the Asset Management industry, the median Gross Margin % is 56.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Photon Capital Advisors's current Gross Margin % is 95.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photon Capital Advisors stock overvalued right now?
Based on GuruFocus' analysis, Photon Capital Advisors (BOM:509084) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹409.15, compared to a current price of ₹334.60 — trading 18.2% below its estimated fair value. The current Gross Margin % is 95.05% and 67.5% above the Asset Management industry median of 56.74. Photon Capital Advisors' overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Photon Capital Advisors (BOM:509084), the current Gross Margin % is 95.05% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Photon Capital Advisors (BOM:509084) Overvalued in 2026?
Based on GuruFocus' analysis, Photon Capital Advisors stock appears to be undervalued.
The current stock price of ₹334.60 is trading 18.2% below its estimated GF Value™ of ₹409.15.
GuruFocus considers Photon Capital Advisors to be Modestly Undervalued.
Key valuation signals for BOM:509084:
Gross Margin %: 95.05%
GF Value™: ₹409.15 vs. price of ₹334.60 (18.2% below fair value)
Industry Position: 67.5% above the Asset Management median (#183 of 552)
No single metric tells the full story. See the BOM:509084 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Photon Capital Advisors Ltd is an adviser to hedge funds, family offices, high net worth individuals, and investment partnerships that invest in India. It aims to generate superior returns by guiding investments across asset classes including equities, equity derivatives, index derivatives, debt, commodities, and real estate. The company also manages proprietary funds which are presently closed to external investors. The company generates maximum revenue from the sale of Investments.
66GF Score
Get the complete analysis for BOM:509084
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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