Modis Navnirman (BOM:543539) Gross Margin % : 14.18% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Modis Navnirman Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Modis Navnirman's Gross Profit for the six months ended in Mar. 2024 was ₹46.1 Mil. Modis Navnirman's Revenue for the six months ended in Mar. 2024 was ₹325.3 Mil. Therefore, Modis Navnirman's Gross Margin % for the quarter that ended in Mar. 2024 was 14.18%.

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

BOM:543539' s Gross Margin % Range Over the Past 10 Years
Min: 13.73 Med: 17.39 Max: 77.3
Current: 17.39

During the past 5 years, the highest Gross Margin % of Modis Navnirman was 77.30%. The lowest was 13.73%. And the median was 17.39%.

BOM:543539's Gross Margin % is ranked worse than
79.9% of 1652 companies
in the Real Estate industry
Industry Median: 36.22 vs BOM:543539: 17.39

Modis Navnirman had a gross margin of 14.18% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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

Modis Navnirman Gross Margin % Historical Data

The historical data trend for Modis Navnirman'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.

Modis Navnirman Gross Margin % Chart

Modis Navnirman Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Margin %

13.73

15.35

77.30

40.80

17.39

Modis Navnirman Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross Margin %	Get a 7-Day Free Trial			-	49.80	33.34	21.68	14.18

Competitive Comparison of Modis Navnirman's Gross Margin %

For the Real Estate - Development subindustry, Modis Navnirman'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.

Modis Navnirman's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Modis Navnirman's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Modis Navnirman's Gross Margin % falls into.

Modis Navnirman Gross Margin % Calculation

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

Modis Navnirman'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 )
	=	98.8	/	568.46
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(568.46 - 469.621)	/	568.46
	=	17.39 %

Modis Navnirman'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 )
	=	46.1	/	325.34
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(325.34 - 279.215)	/	325.34
	=	14.18 %

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.

Modis Navnirman (BOM:543539) 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

Modis Navnirman had a gross margin of 14.18% 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.

Modis Navnirman Gross Margin % Related Terms

Thank you for viewing the detailed overview of Modis Navnirman's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Modis Navnirman (BOM:543539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Modis Navnirman Ltd (BOM:543539) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

M G Road, Shop No. 1, Rashmi Heights, Opposite Kamla Nagar, Kandivali (West), Mumbai, MH, IND, 400067

Website

https://www.modisnirman.com

Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Badshah Residency, Rashmi Jewel, Rashmi Terrace and others.

Modis Navnirman (BOM:543539) Headlines

No Headlines