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Ajwa Fun World & Resort (BOM:526628) Gross Margin % : 94.29% (As of Dec. 2023)


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What is Ajwa Fun World & Resort Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ajwa Fun World & Resort's Gross Profit for the three months ended in Dec. 2023 was ₹1.77 Mil. Ajwa Fun World & Resort's Revenue for the three months ended in Dec. 2023 was ₹1.88 Mil. Therefore, Ajwa Fun World & Resort's Gross Margin % for the quarter that ended in Dec. 2023 was 94.29%.

Warning Sign:

Ajwa Fun World & Resort Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.8%.


The historical rank and industry rank for Ajwa Fun World & Resort's Gross Margin % or its related term are showing as below:

BOM:526628' s Gross Margin % Range Over the Past 10 Years
Min: 57.1   Med: 70.63   Max: 90.93
Current: 90.93


During the past 13 years, the highest Gross Margin % of Ajwa Fun World & Resort was 90.93%. The lowest was 57.10%. And the median was 70.63%.

BOM:526628's Gross Margin % is ranked better than
93.78% of 772 companies
in the Travel & Leisure industry
Industry Median: 43.24 vs BOM:526628: 90.93

Ajwa Fun World & Resort had a gross margin of 94.29% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ajwa Fun World & Resort was -3.80% per year.


Ajwa Fun World & Resort Gross Margin % Historical Data

The historical data trend for Ajwa Fun World & Resort'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.

Ajwa Fun World & Resort Gross Margin % Chart

Ajwa Fun World & Resort 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 69.62 68.82 71.28 66.76 57.10

Ajwa Fun World & Resort 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 32.05 95.70 90.76 95.46 94.29

Competitive Comparison of Ajwa Fun World & Resort's Gross Margin %

For the Leisure subindustry, Ajwa Fun World & Resort'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.


Ajwa Fun World & Resort's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ajwa Fun World & Resort's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ajwa Fun World & Resort's Gross Margin % falls into.



Ajwa Fun World & Resort Gross Margin % Calculation

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

Ajwa Fun World & Resort'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 / 20.622
=(Revenue - Cost of Goods Sold) / Revenue
=(20.622 - 8.847) / 20.622
=57.10 %

Ajwa Fun World & Resort'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 )
=1.8 / 1.875
=(Revenue - Cost of Goods Sold) / Revenue
=(1.875 - 0.107) / 1.875
=94.29 %

* 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.


Ajwa Fun World & Resort  (BOM:526628) 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

Ajwa Fun World & Resort had a gross margin of 94.29% 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.


Ajwa Fun World & Resort Gross Margin % Related Terms

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


Ajwa Fun World & Resort (BOM:526628) Business Description

Traded in Other Exchanges
N/A
Address
Palace Road, A Tower, 1st Floor, Kunj-Resi-cum Plaza, Vadodara, GJ, IND, 390 001
Ajwa Fun World & Resort Ltd is an India-based company that engages in the Business of the Entertainment sector and amusement services near Vadodara. The company has diversified into infrastructure projects and the Construction of Residential and Commercial Complexes.

Ajwa Fun World & Resort (BOM:526628) Headlines

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