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Radiant Cash Management Services (BOM:543732) Gross Margin % : 99.25% (As of Mar. 2024)


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What is Radiant Cash Management Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Radiant Cash Management Services's Gross Profit for the three months ended in Mar. 2024 was ₹981 Mil. Radiant Cash Management Services's Revenue for the three months ended in Mar. 2024 was ₹988 Mil. Therefore, Radiant Cash Management Services's Gross Margin % for the quarter that ended in Mar. 2024 was 99.25%.


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

BOM:543732' s Gross Margin % Range Over the Past 10 Years
Min: 99.81   Med: 99.81   Max: 99.81
Current: 99.81


During the past 5 years, the highest Gross Margin % of Radiant Cash Management Services was 99.81%. The lowest was 99.81%. And the median was 99.81%.

BOM:543732's Gross Margin % is ranked better than
98.58% of 989 companies
in the Business Services industry
Industry Median: 34.76 vs BOM:543732: 99.81

Radiant Cash Management Services had a gross margin of 99.25% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Radiant Cash Management Services was 0.00% per year.


Radiant Cash Management Services Gross Margin % Historical Data

The historical data trend for Radiant Cash Management 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.

Radiant Cash Management Services Gross Margin % Chart

Radiant Cash Management Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
- - - - 99.81

Radiant Cash Management Services Quarterly Data
Mar20 Mar21 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 - - - - 99.25

Competitive Comparison of Radiant Cash Management Services's Gross Margin %

For the Specialty Business Services subindustry, Radiant Cash Management 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.


Radiant Cash Management Services's Gross Margin % Distribution in the Business Services Industry

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

* The bar in red indicates where Radiant Cash Management Services's Gross Margin % falls into.



Radiant Cash Management Services Gross Margin % Calculation

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

Radiant Cash Management 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 )
=3855.7 / 3863.16
=(Revenue - Cost of Goods Sold) / Revenue
=(3863.16 - 7.46) / 3863.16
=99.81 %

Radiant Cash Management 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 )
=981 / 988.44
=(Revenue - Cost of Goods Sold) / Revenue
=(988.44 - 7.46) / 988.44
=99.25 %

* 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.


Radiant Cash Management Services  (BOM:543732) 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

Radiant Cash Management Services had a gross margin of 99.25% for the quarter that ended in Mar. 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.


Radiant Cash Management Services Gross Margin % Related Terms

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Radiant Cash Management Services (BOM:543732) Business Description

Traded in Other Exchanges
Address
No. 4/3 Raju Nagar, First Street, Old Mahabalipuram Road, Radiant Building, Okkiyam Thoraipakkam, OMR, Chennai, TN, IND, 600 009
Radiant Cash Management Services Ltd is an integrated cash logistics player with a presence in retail cash management. The company operates its business across five verticals, namely cash pick-up and delivery; network currency management (also known as cash burial in industry parlance); cash processing; cash vans /cash in transit and other value-added services. Its clients include some of the foreign, private and public sector banks, and the end user of services include some of the e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways and retail petroleum distribution outlets. The company generates the majority of its revenue from Cash Pick and Delivery services.

Radiant Cash Management Services (BOM:543732) Headlines

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