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Eraaya Lifespaces (BOM:531035) Gross Margin % : 3.51% (As of Mar. 2024)


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What is Eraaya Lifespaces Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Eraaya Lifespaces's Gross Profit for the three months ended in Mar. 2024 was ₹5 Mil. Eraaya Lifespaces's Revenue for the three months ended in Mar. 2024 was ₹154 Mil. Therefore, Eraaya Lifespaces's Gross Margin % for the quarter that ended in Mar. 2024 was 3.51%.


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

BOM:531035' s Gross Margin % Range Over the Past 10 Years
Min: 0.42   Med: 0.42   Max: 0.43
Current: 0.43


During the past 13 years, the highest Gross Margin % of Eraaya Lifespaces was 0.43%. The lowest was 0.42%. And the median was 0.42%.

BOM:531035's Gross Margin % is ranked worse than
98.31% of 767 companies
in the Travel & Leisure industry
Industry Median: 43.48 vs BOM:531035: 0.43

Eraaya Lifespaces had a gross margin of 3.51% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Eraaya Lifespaces Gross Margin % Historical Data

The historical data trend for Eraaya Lifespaces'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.

Eraaya Lifespaces Gross Margin % Chart

Eraaya Lifespaces 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 - - - - 0.42

Eraaya Lifespaces 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 - 0.59 0.23 0.08 3.51

Competitive Comparison of Eraaya Lifespaces's Gross Margin %

For the Leisure subindustry, Eraaya Lifespaces'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.


Eraaya Lifespaces's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Eraaya Lifespaces's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Eraaya Lifespaces's Gross Margin % falls into.



Eraaya Lifespaces Gross Margin % Calculation

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

Eraaya Lifespaces'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 )
=12.6 / 2972.016
=(Revenue - Cost of Goods Sold) / Revenue
=(2972.016 - 2959.391) / 2972.016
=0.42 %

Eraaya Lifespaces'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 )
=5.4 / 154.46
=(Revenue - Cost of Goods Sold) / Revenue
=(154.46 - 149.046) / 154.46
=3.51 %

* 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.


Eraaya Lifespaces  (BOM:531035) 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

Eraaya Lifespaces had a gross margin of 3.51% for the quarter that ended in Mar. 2024 => No sustainable 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.


Eraaya Lifespaces Gross Margin % Related Terms

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


Eraaya Lifespaces (BOM:531035) Business Description

Traded in Other Exchanges
N/A
Address
Flat No. 133, C4E, Pocket No. 11, Janakpuri, New Delhi, IND, 110058
Justride Enterprises Ltd manufactures bicycles. Principally, it is engaged in the business of trading bicycles, and plastic items. The company also distributes its products to wholesalers and retailers throughout India.

Eraaya Lifespaces (BOM:531035) Headlines

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