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Swarna Securities (BOM:531003) Gross Margin % : 424.00% (As of Mar. 2024)


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What is Swarna Securities Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Swarna Securities's Gross Profit for the three months ended in Mar. 2024 was ₹-0.42 Mil. Swarna Securities's Revenue for the three months ended in Mar. 2024 was ₹-0.10 Mil. Therefore, Swarna Securities's Gross Margin % for the quarter that ended in Mar. 2024 was 424.00%.


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


During the past 13 years, the highest Gross Margin % of Swarna Securities was 96.73%. The lowest was -404.42%. And the median was 91.96%.

BOM:531003's Gross Margin % is not ranked *
in the Banks industry.
Industry Median: 42.94
* Ranked among companies with meaningful Gross Margin % only.

Swarna Securities had a gross margin of 424.00% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Swarna Securities Gross Margin % Historical Data

The historical data trend for Swarna Securities'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.

Swarna Securities Gross Margin % Chart

Swarna Securities 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 93.97 89.97 -404.42 - -

Swarna Securities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 970.00 - - -224.00 424.00

Competitive Comparison of Swarna Securities's Gross Margin %

For the Mortgage Finance subindustry, Swarna Securities'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.


Swarna Securities's Gross Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Swarna Securities's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Swarna Securities's Gross Margin % falls into.



Swarna Securities Gross Margin % Calculation

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

Swarna Securities'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 )
=-1.3 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 1.296) / 0
= %

Swarna Securities's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0.4 / -0.1
=(Revenue - Cost of Goods Sold) / Revenue
=(-0.1 - 0.324) / -0.1
=424.00 %

* 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.


Swarna Securities  (BOM:531003) 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

Swarna Securities had a gross margin of 424.00% for the quarter that ended in Mar. 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.


Swarna Securities Gross Margin % Related Terms

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Swarna Securities (BOM:531003) Business Description

Traded in Other Exchanges
N/A
Address
Eluru Road, No. 27-1-102, 2nd Floor, Swarnalok Complex, Governorpet, Vijayawada, IND, 520002
Swarna Securities Ltd is engaged in the finance business in India. The Company has only been collecting the outstanding dues from its borrowers. Therefore, there is no business in the Company, has some non-operating income in the form of rent/lease and dividend.

Swarna Securities (BOM:531003) Headlines

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