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MKVentures Capital (BOM:514238) Gross Margin % : 46.98% (As of Dec. 2023)


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What is MKVentures Capital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MKVentures Capital's Gross Profit for the three months ended in Dec. 2023 was ₹20.8 Mil. MKVentures Capital's Revenue for the three months ended in Dec. 2023 was ₹44.3 Mil. Therefore, MKVentures Capital's Gross Margin % for the quarter that ended in Dec. 2023 was 46.98%.


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

BOM:514238' s Gross Margin % Range Over the Past 10 Years
Min: -4.26   Med: 18.6   Max: 101.14
Current: 59.71


During the past 13 years, the highest Gross Margin % of MKVentures Capital was 101.14%. The lowest was -4.26%. And the median was 18.60%.

BOM:514238's Gross Margin % is ranked better than
55.99% of 359 companies
in the Credit Services industry
Industry Median: 53.4 vs BOM:514238: 59.71

MKVentures Capital had a gross margin of 46.98% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MKVentures Capital was 0.00% per year.


MKVentures Capital Gross Margin % Historical Data

The historical data trend for MKVentures 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.

MKVentures Capital Gross Margin % Chart

MKVentures Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.66 -4.26 30.30 37.10 59.29

MKVentures Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 57.75 61.28 60.09 64.59 46.98

Competitive Comparison of MKVentures Capital's Gross Margin %

For the Credit Services subindustry, MKVentures 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.


MKVentures Capital's Gross Margin % Distribution in the Credit Services Industry

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

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



MKVentures Capital Gross Margin % Calculation

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

MKVentures Capital's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=63.4 / 106.989
=(Revenue - Cost of Goods Sold) / Revenue
=(106.989 - 43.552) / 106.989
=59.29 %

MKVentures Capital's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=20.8 / 44.3
=(Revenue - Cost of Goods Sold) / Revenue
=(44.3 - 23.486) / 44.3
=46.98 %

* 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.


MKVentures Capital  (BOM:514238) 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

MKVentures Capital had a gross margin of 46.98% for the quarter that ended in Dec. 2023 => 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.


MKVentures Capital Gross Margin % Related Terms

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MKVentures Capital (BOM:514238) Business Description

Traded in Other Exchanges
N/A
Address
11th Floor, Express Towers, Ramnath Goenka Marg, Nariman Point, Mumbai, MH, IND, 400021
MKVentures Capital Ltd is a non-banking financial company. Principally, it is engaged in the provisions of financial services.

MKVentures Capital (BOM:514238) Headlines

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