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Awfis Space Solutions (BOM:544181) Gross Margin % : 77.49% (As of Sep. 2024)


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What is Awfis Space Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Awfis Space Solutions's Gross Profit for the three months ended in Sep. 2024 was ₹2,266 Mil. Awfis Space Solutions's Revenue for the three months ended in Sep. 2024 was ₹2,924 Mil. Therefore, Awfis Space Solutions's Gross Margin % for the quarter that ended in Sep. 2024 was 77.49%.


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

BOM:544181' s Gross Margin % Range Over the Past 10 Years
Min: 72.94   Med: 76.02   Max: 87.08
Current: 72.94


During the past 3 years, the highest Gross Margin % of Awfis Space Solutions was 87.08%. The lowest was 72.94%. And the median was 76.02%.

BOM:544181's Gross Margin % is ranked better than
86.69% of 992 companies
in the Business Services industry
Industry Median: 34.495 vs BOM:544181: 72.94

Awfis Space Solutions had a gross margin of 77.49% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Awfis Space Solutions was 0.00% per year.


Awfis Space Solutions Gross Margin % Historical Data

The historical data trend for Awfis Space Solutions'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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Awfis Space Solutions Gross Margin % Chart

Awfis Space Solutions Annual Data
Trend Mar21 Mar22 Mar23
Gross Margin %
87.08 76.02 75.98

Awfis Space Solutions Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial 77.59 77.10 63.91 75.50 77.49

Competitive Comparison of Awfis Space Solutions's Gross Margin %

For the Rental & Leasing Services subindustry, Awfis Space Solutions'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.


Awfis Space Solutions's Gross Margin % Distribution in the Business Services Industry

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

* The bar in red indicates where Awfis Space Solutions's Gross Margin % falls into.



Awfis Space Solutions Gross Margin % Calculation

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

Awfis Space Solutions's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=4142.9 / 5452.82
=(Revenue - Cost of Goods Sold) / Revenue
=(5452.82 - 1309.94) / 5452.82
=75.98 %

Awfis Space Solutions's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2265.7 / 2923.84
=(Revenue - Cost of Goods Sold) / Revenue
=(2923.84 - 658.19) / 2923.84
=77.49 %

* 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.


Awfis Space Solutions  (BOM:544181) 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

Awfis Space Solutions had a gross margin of 77.49% for the quarter that ended in Sep. 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.


Awfis Space Solutions Gross Margin % Related Terms

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Awfis Space Solutions Business Description

Traded in Other Exchanges
Address
Qutab Institutional Area, C-28-29, Kissan Bhawan, New Delhi, IND, 110016
Awfis Space Solutions Ltd is a flexible workspace solutions company with a presence in various cities in India. It provides a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces for start-ups, small and medium enterprises (SMEs) as well as for large corporates and multi-national corporations. It also provides integrated facility management services and enterprise workspace designing and building services. The group is organized into several business segments: Providing co-working space on rent and allied services, Facility management services, Construction and fit-out services, and Other services. Key revenue is generated from Co-working space on rent and allied services.

Awfis Space Solutions Headlines

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