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GMR Airports (BOM:532754) Gross Margin % : 36.29% (As of Sep. 2024)


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What is GMR Airports Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. GMR Airports's Gross Profit for the three months ended in Sep. 2024 was ₹9,056 Mil. GMR Airports's Revenue for the three months ended in Sep. 2024 was ₹24,955 Mil. Therefore, GMR Airports's Gross Margin % for the quarter that ended in Sep. 2024 was 36.29%.


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

BOM:532754' s Gross Margin % Range Over the Past 10 Years
Min: 9.74   Med: 21.75   Max: 36.05
Current: 25.7


During the past 13 years, the highest Gross Margin % of GMR Airports was 36.05%. The lowest was 9.74%. And the median was 21.75%.

BOM:532754's Gross Margin % is ranked better than
62.88% of 951 companies
in the Transportation industry
Industry Median: 19.84 vs BOM:532754: 25.70

GMR Airports had a gross margin of 36.29% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for GMR Airports was 9.60% per year.


GMR Airports Gross Margin % Historical Data

The historical data trend for GMR Airports'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.

GMR Airports Gross Margin % Chart

GMR Airports 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 18.87 9.74 36.05 23.59 25.42

GMR Airports Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 37.29 37.40 -42.83 39.25 36.29

Competitive Comparison of GMR Airports's Gross Margin %

For the Airports & Air Services subindustry, GMR Airports'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.


GMR Airports's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GMR Airports's Gross Margin % distribution charts can be found below:

* The bar in red indicates where GMR Airports's Gross Margin % falls into.



GMR Airports Gross Margin % Calculation

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

GMR Airports'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 )
=19186.9 / 75481.2
=(Revenue - Cost of Goods Sold) / Revenue
=(75481.2 - 56294.3) / 75481.2
=25.42 %

GMR Airports's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=9055.5 / 24954.6
=(Revenue - Cost of Goods Sold) / Revenue
=(24954.6 - 15899.1) / 24954.6
=36.29 %

* 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.


GMR Airports  (BOM:532754) 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

GMR Airports had a gross margin of 36.29% for the quarter that ended in Sep. 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.


GMR Airports Gross Margin % Related Terms

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GMR Airports Business Description

Traded in Other Exchanges
Address
New Udaan Bhawan, Opposite Terminal 3, Indira Gandhi International Airport, New Delhi, IND, 110 037
GMR Airports Ltd is an infrastructure company domiciled in India. It is an airport platform company engaged in designing, constructing, and operating world-class sustainable airports and pioneering aviation solutions in retail, aero services, and real estate.

GMR Airports Headlines

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