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Marg Techno Projects (BOM:540254) Gross Margin % : 11.67% (As of Mar. 2024)


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What is Marg Techno Projects Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Marg Techno Projects's Gross Profit for the three months ended in Mar. 2024 was ₹1.35 Mil. Marg Techno Projects's Revenue for the three months ended in Mar. 2024 was ₹11.53 Mil. Therefore, Marg Techno Projects's Gross Margin % for the quarter that ended in Mar. 2024 was 11.67%.

Warning Sign:

Marg Techno Projects Ltd gross margin has been in long-term decline. The average rate of decline per year is -14.3%.


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

BOM:540254' s Gross Margin % Range Over the Past 10 Years
Min: 6.51   Med: 55.38   Max: 86.68
Current: 42.26


During the past 13 years, the highest Gross Margin % of Marg Techno Projects was 86.68%. The lowest was 6.51%. And the median was 55.38%.

BOM:540254's Gross Margin % is ranked worse than
64.59% of 353 companies
in the Credit Services industry
Industry Median: 53.17 vs BOM:540254: 42.26

Marg Techno Projects had a gross margin of 11.67% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Marg Techno Projects was -14.30% per year.


Marg Techno Projects Gross Margin % Historical Data

The historical data trend for Marg Techno Projects'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.

Marg Techno Projects Gross Margin % Chart

Marg Techno Projects 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 68.93 41.30 39.35 38.56 42.26

Marg Techno Projects 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 42.86 37.11 72.10 43.62 11.67

Competitive Comparison of Marg Techno Projects's Gross Margin %

For the Credit Services subindustry, Marg Techno Projects'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.


Marg Techno Projects's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Marg Techno Projects's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Marg Techno Projects's Gross Margin % falls into.



Marg Techno Projects Gross Margin % Calculation

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

Marg Techno Projects'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 )
=21.2 / 50.107
=(Revenue - Cost of Goods Sold) / Revenue
=(50.107 - 28.933) / 50.107
=42.26 %

Marg Techno Projects'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 )
=1.3 / 11.533
=(Revenue - Cost of Goods Sold) / Revenue
=(11.533 - 10.187) / 11.533
=11.67 %

* 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.


Marg Techno Projects  (BOM:540254) 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

Marg Techno Projects had a gross margin of 11.67% 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.


Marg Techno Projects Gross Margin % Related Terms

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Marg Techno Projects (BOM:540254) Business Description

Traded in Other Exchanges
N/A
Address
Adajan-Hazira Road, 406, Royal Trade Center, Opposite Star Bazar, Surat, GJ, IND, 395009
Marg Techno Projects Ltd is an Indian based company engaged in the provision of financial services. It provides, extends, lends money with or without guarantee, with or without security by way to a term loan, medium-term loan, short term loan, deferred payment guarantee, lease finance, venture finance, and by any other mode or scheme.

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