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Rajkot Investment Trust (BOM:539495) Gross Margin % : 62.43% (As of Jun. 2024)


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What is Rajkot Investment Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rajkot Investment Trust's Gross Profit for the three months ended in Jun. 2024 was ₹1.07 Mil. Rajkot Investment Trust's Revenue for the three months ended in Jun. 2024 was ₹1.72 Mil. Therefore, Rajkot Investment Trust's Gross Margin % for the quarter that ended in Jun. 2024 was 62.43%.


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

BOM:539495' s Gross Margin % Range Over the Past 10 Years
Min: 48.1   Med: 57.4   Max: 80.51
Current: 62.92


During the past 11 years, the highest Gross Margin % of Rajkot Investment Trust was 80.51%. The lowest was 48.10%. And the median was 57.40%.

BOM:539495's Gross Margin % is ranked better than
58.42% of 368 companies
in the Credit Services industry
Industry Median: 55.53 vs BOM:539495: 62.92

Rajkot Investment Trust had a gross margin of 62.43% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rajkot Investment Trust was 9.30% per year.


Rajkot Investment Trust Gross Margin % Historical Data

The historical data trend for Rajkot Investment Trust'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.

Rajkot Investment Trust Gross Margin % Chart

Rajkot Investment Trust 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 50.97 55.35 79.67 80.51 63.16

Rajkot Investment Trust Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 62.50 55.51 52.47 64.96 62.43

Competitive Comparison of Rajkot Investment Trust's Gross Margin %

For the Credit Services subindustry, Rajkot Investment Trust'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.


Rajkot Investment Trust's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Rajkot Investment Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Rajkot Investment Trust's Gross Margin % falls into.



Rajkot Investment Trust Gross Margin % Calculation

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

Rajkot Investment Trust'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 )
=2.2 / 3.488
=(Revenue - Cost of Goods Sold) / Revenue
=(3.488 - 1.285) / 3.488
=63.16 %

Rajkot Investment Trust's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=1.1 / 1.717
=(Revenue - Cost of Goods Sold) / Revenue
=(1.717 - 0.645) / 1.717
=62.43 %

* 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.


Rajkot Investment Trust  (BOM:539495) 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

Rajkot Investment Trust had a gross margin of 62.43% for the quarter that ended in Jun. 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.


Rajkot Investment Trust Gross Margin % Related Terms

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Rajkot Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, M-23, Super Tex Tower, Opposite Kinney Talkies, Surat, GJ, IND
Rajkot Investment Trust Ltd is engaged in the business of lending. The company derives its revenue from interest income.

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