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Ashirwad Capital (BOM:512247) Gross Margin % : 98.67% (As of Sep. 2024)


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What is Ashirwad Capital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ashirwad Capital's Gross Profit for the three months ended in Sep. 2024 was ₹4.00 Mil. Ashirwad Capital's Revenue for the three months ended in Sep. 2024 was ₹4.05 Mil. Therefore, Ashirwad Capital's Gross Margin % for the quarter that ended in Sep. 2024 was 98.67%.


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

BOM:512247' s Gross Margin % Range Over the Past 10 Years
Min: 86.11   Med: 98.05   Max: 99.23
Current: 99.18


During the past 13 years, the highest Gross Margin % of Ashirwad Capital was 99.23%. The lowest was 86.11%. And the median was 98.05%.

BOM:512247's Gross Margin % is ranked better than
95.55% of 607 companies
in the Capital Markets industry
Industry Median: 49.65 vs BOM:512247: 99.18

Ashirwad Capital had a gross margin of 98.67% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ashirwad Capital was 0.30% per year.


Ashirwad Capital Gross Margin % Historical Data

The historical data trend for Ashirwad Capital'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.

Ashirwad Capital Gross Margin % Chart

Ashirwad Capital 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 96.12 97.97 98.89 98.13 99.23

Ashirwad Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 98.98 99.41 99.84 98.52 98.67

Competitive Comparison of Ashirwad Capital's Gross Margin %

For the Capital Markets subindustry, Ashirwad Capital'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.


Ashirwad Capital's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ashirwad Capital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ashirwad Capital's Gross Margin % falls into.



Ashirwad Capital Gross Margin % Calculation

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

Ashirwad Capital'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 )
=18.6 / 18.757
=(Revenue - Cost of Goods Sold) / Revenue
=(18.757 - 0.144) / 18.757
=99.23 %

Ashirwad Capital's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=4 / 4.05
=(Revenue - Cost of Goods Sold) / Revenue
=(4.05 - 0.054) / 4.05
=98.67 %

* 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.


Ashirwad Capital  (BOM:512247) 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

Ashirwad Capital had a gross margin of 98.67% for the quarter that ended in Sep. 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.


Ashirwad Capital Gross Margin % Related Terms

Thank you for viewing the detailed overview of Ashirwad Capital's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashirwad Capital Business Description

Traded in Other Exchanges
N/A
Address
J. R. Boricha Marg, Opposite Kasturba Hospital, 303, Tantia Jogani Industrial Estate, Lower Parel, Mumbai, MH, IND, 400011
Ashirwad Capital Ltd is a non-banking finance company engaged in the business of investments. The company is involved in the trading and investment of shares and securities and focuses on long-term investments in blue-chip scripts, with a view to well-timed entry and exit. The Company is engaged interalia, in the business of Carvings of Precious and semi-precious stones, paintings, and jewelry.

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