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EKI Energy Services (BOM:543284) Gross Margin % : -11.75% (As of Mar. 2024)


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What is EKI Energy Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EKI Energy Services's Gross Profit for the three months ended in Mar. 2024 was ₹-92 Mil. EKI Energy Services's Revenue for the three months ended in Mar. 2024 was ₹779 Mil. Therefore, EKI Energy Services's Gross Margin % for the quarter that ended in Mar. 2024 was -11.75%.


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

BOM:543284' s Gross Margin % Range Over the Past 10 Years
Min: -14.69   Med: 21.55   Max: 36.83
Current: -14.69


During the past 7 years, the highest Gross Margin % of EKI Energy Services was 36.83%. The lowest was -14.69%. And the median was 21.55%.

BOM:543284's Gross Margin % is ranked worse than
98.78% of 985 companies
in the Business Services industry
Industry Median: 34.43 vs BOM:543284: -14.69

EKI Energy Services had a gross margin of -11.75% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for EKI Energy Services was 0.00% per year.


EKI Energy Services Gross Margin % Historical Data

The historical data trend for EKI Energy Services'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.

EKI Energy Services Gross Margin % Chart

EKI Energy Services Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 19.42 21.55 36.83 29.33 -14.69

EKI Energy Services Quarterly Data
Mar18 Mar19 Mar20 Sep20 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 -37.49 -5.53 -27.62 -9.76 -11.75

Competitive Comparison of EKI Energy Services's Gross Margin %

For the Consulting Services subindustry, EKI Energy Services'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.


EKI Energy Services's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, EKI Energy Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where EKI Energy Services's Gross Margin % falls into.



EKI Energy Services Gross Margin % Calculation

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

EKI Energy Services'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 )
=-386.9 / 2633.922
=(Revenue - Cost of Goods Sold) / Revenue
=(2633.922 - 3020.795) / 2633.922
=-14.69 %

EKI Energy Services'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 )
=-91.5 / 778.831
=(Revenue - Cost of Goods Sold) / Revenue
=(778.831 - 870.36) / 778.831
=-11.75 %

* 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.


EKI Energy Services  (BOM:543284) 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

EKI Energy Services had a gross margin of -11.75% 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.


EKI Energy Services Gross Margin % Related Terms

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EKI Energy Services (BOM:543284) Business Description

Traded in Other Exchanges
N/A
Address
903, B-1 9th Floor, NRK Business Park, Scheme 54 PU4, Indore, MP, IND, 452010
EKI Energy Services Ltd is engaged in the business of carbon credits trading, Business excellence advisory services and training services, and Electrical Safety Audits. The company offer services to various clients in the government and private sectors like power generation, waste management, clean development mechanism, airports and many more industries. The company has two reportable segments which are Trading & Other Segment: where the carbon credits are purchased from various vendors and are sold to customers as well as manufacturing and allied activities are undertaken and Generation Segment: where the carbon credits are issued from the projects implemented, developed and owned by the company.

EKI Energy Services (BOM:543284) Headlines

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