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Perfect-Octave Media Projects (BOM:521062) Gross Margin % : 73.66% (As of Dec. 2023)


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What is Perfect-Octave Media Projects Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Perfect-Octave Media Projects's Gross Profit for the three months ended in Dec. 2023 was ₹3.57 Mil. Perfect-Octave Media Projects's Revenue for the three months ended in Dec. 2023 was ₹4.84 Mil. Therefore, Perfect-Octave Media Projects's Gross Margin % for the quarter that ended in Dec. 2023 was 73.66%.


The historical rank and industry rank for Perfect-Octave Media Projects's Gross Margin % or its related term are showing as below:

BOM:521062' s Gross Margin % Range Over the Past 10 Years
Min: -6007.88   Med: 39.24   Max: 75.46
Current: 69.21


During the past 13 years, the highest Gross Margin % of Perfect-Octave Media Projects was 75.46%. The lowest was -6007.88%. And the median was 39.24%.

BOM:521062's Gross Margin % is ranked better than
83.52% of 965 companies
in the Media - Diversified industry
Industry Median: 38.36 vs BOM:521062: 69.21

Perfect-Octave Media Projects had a gross margin of 73.66% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Perfect-Octave Media Projects was 0.00% per year.


Perfect-Octave Media Projects Gross Margin % Historical Data

The historical data trend for Perfect-Octave Media Projects'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.

Perfect-Octave Media Projects Gross Margin % Chart

Perfect-Octave Media Projects 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 39.24 61.06 48.23 50.32 75.46

Perfect-Octave Media Projects 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 75.94 - 14.03 -142.86 73.66

Competitive Comparison of Perfect-Octave Media Projects's Gross Margin %

For the Broadcasting subindustry, Perfect-Octave Media Projects'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.


Perfect-Octave Media Projects's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Perfect-Octave Media Projects's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Perfect-Octave Media Projects's Gross Margin % falls into.



Perfect-Octave Media Projects Gross Margin % Calculation

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

Perfect-Octave Media Projects'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 )
=11.8 / 15.584
=(Revenue - Cost of Goods Sold) / Revenue
=(15.584 - 3.825) / 15.584
=75.46 %

Perfect-Octave Media Projects'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 )
=3.6 / 4.841
=(Revenue - Cost of Goods Sold) / Revenue
=(4.841 - 1.275) / 4.841
=73.66 %

* 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.


Perfect-Octave Media Projects  (BOM:521062) 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

Perfect-Octave Media Projects had a gross margin of 73.66% 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.


Perfect-Octave Media Projects Gross Margin % Related Terms

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Perfect-Octave Media Projects (BOM:521062) Business Description

Traded in Other Exchanges
N/A
Address
302, Mahakali Caves Road, 3rd Floor, New India Industrial Estate, Chakala, Near Paper Box, Andheri (E), Mumbai, MH, IND, 400093
Perfect-Octave Media Projects Ltd is engaged in the business of broadcasting. The company is operating a satellite television channel Insync which is showcasing Indian classical music and other non-film music genres. Also, the company is involved in the production of musical content. It is engaged in Television Broadcasting and Content Syndication Division.

Perfect-Octave Media Projects (BOM:521062) Headlines

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