Innovatus Entertainment Networks (BOM:543951) Gross Margin % : 6.72% (As of Mar. 2024)

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What is Innovatus Entertainment Networks Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Innovatus Entertainment Networks's Gross Profit for the six months ended in Mar. 2024 was ₹7.5 Mil. Innovatus Entertainment Networks's Revenue for the six months ended in Mar. 2024 was ₹112.1 Mil. Therefore, Innovatus Entertainment Networks's Gross Margin % for the quarter that ended in Mar. 2024 was 6.72%.

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

BOM:543951' s Gross Margin % Range Over the Past 10 Years
Min: 7.98 Med: 9.4 Max: 10.81
Current: 7.98

During the past 5 years, the highest Gross Margin % of Innovatus Entertainment Networks was 10.81%. The lowest was 7.98%. And the median was 9.40%.

BOM:543951's Gross Margin % is ranked worse than
90.69% of 956 companies
in the Media - Diversified industry
Industry Median: 38.44 vs BOM:543951: 7.98

Innovatus Entertainment Networks had a gross margin of 6.72% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Innovatus Entertainment Networks was 0.00% per year.

Innovatus Entertainment Networks Gross Margin % Historical Data

The historical data trend for Innovatus Entertainment Networks'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.

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Innovatus Entertainment Networks Gross Margin % Chart

Innovatus Entertainment Networks Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Margin %

10.81

7.98

Innovatus Entertainment Networks Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross Margin %	Get a 7-Day Free Trial			-	10.14	11.92	9.60	6.72

Competitive Comparison of Innovatus Entertainment Networks's Gross Margin %

For the Advertising Agencies subindustry, Innovatus Entertainment Networks'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.

Innovatus Entertainment Networks's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innovatus Entertainment Networks's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Innovatus Entertainment Networks's Gross Margin % falls into.

Innovatus Entertainment Networks Gross Margin % Calculation

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

Innovatus Entertainment Networks'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 )
	=	15.9	/	199.289
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(199.289 - 183.387)	/	199.289
	=	7.98 %

Innovatus Entertainment Networks'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 )
	=	7.5	/	112.073
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(112.073 - 104.546)	/	112.073
	=	6.72 %

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.

Innovatus Entertainment Networks (BOM:543951) 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

Innovatus Entertainment Networks had a gross margin of 6.72% 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.

Innovatus Entertainment Networks Gross Margin % Related Terms

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Innovatus Entertainment Networks (BOM:543951) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innovatus Entertainment Networks Ltd (BOM:543951) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off New Link Road, 407, Crescent Royale, Andheri West, Mumbai, MH, IND, 400053

Website

https://www.innovatus.info

Innovatus Entertainment Networks Ltd is a creative platform for complete Infotainment with a 360-degree solution. The company offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations and Exhibitions. The company focuses on concept development to creatives to a total turn-key presentation and on-ground execution.

Innovatus Entertainment Networks (BOM:543951) Headlines

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