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Indergiri Finance (BOM:531505) Gross Margin % : 21.27% (As of Mar. 2024)


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What is Indergiri Finance Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Indergiri Finance's Gross Profit for the three months ended in Mar. 2024 was ₹0.66 Mil. Indergiri Finance's Revenue for the three months ended in Mar. 2024 was ₹3.08 Mil. Therefore, Indergiri Finance's Gross Margin % for the quarter that ended in Mar. 2024 was 21.27%.


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

BOM:531505' s Gross Margin % Range Over the Past 10 Years
Min: -16.67   Med: 36.18   Max: 55.37
Current: -6.64


During the past 13 years, the highest Gross Margin % of Indergiri Finance was 55.37%. The lowest was -16.67%. And the median was 36.18%.

BOM:531505's Gross Margin % is ranked worse than
88.55% of 524 companies
in the Asset Management industry
Industry Median: 51.705 vs BOM:531505: -6.64

Indergiri Finance had a gross margin of 21.27% for the quarter that ended in Mar. 2024 => Competition eroding margins

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


Indergiri Finance Gross Margin % Historical Data

The historical data trend for Indergiri Finance'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.

Indergiri Finance Gross Margin % Chart

Indergiri Finance 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 35.11 33.90 55.37 46.70 -16.67

Indergiri Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 86.14 62.18 -59.31 -12.21 21.27

Competitive Comparison of Indergiri Finance's Gross Margin %

For the Asset Management subindustry, Indergiri Finance'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.


Indergiri Finance's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Indergiri Finance's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indergiri Finance's Gross Margin % falls into.



Indergiri Finance Gross Margin % Calculation

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

Indergiri Finance'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 / 7.882
=(Revenue - Cost of Goods Sold) / Revenue
=(7.882 - 9.196) / 7.882
=-16.67 %

Indergiri Finance'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 )
=0.7 / 3.084
=(Revenue - Cost of Goods Sold) / Revenue
=(3.084 - 2.428) / 3.084
=21.27 %

* 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.


Indergiri Finance  (BOM:531505) 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

Indergiri Finance had a gross margin of 21.27% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Indergiri Finance Gross Margin % Related Terms

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Indergiri Finance (BOM:531505) Business Description

Traded in Other Exchanges
N/A
Address
Andheri Kurla Road, Unit No. 806, B Wing 8th Floor, Kanakia Wall Street, Chakala, Andheri East, Mumbai, MH, IND, 400093
Indergiri Finance Ltd is a non-banking finance company (NBFC). It is engaged in fund base business activities of leasing, hire purchase, lending, and investment besides non-fund based business activities like merchant banking, syndication, and arrangement of finance etc. The company operates mainly in the business segment of fund based financing activity. All activities of the business are carried out within India.

Indergiri Finance (BOM:531505) Headlines

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