Ascom Leasing & Investments (NSE:ASCOM) Gross Margin % : 84.56% (As of Mar. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Ascom Leasing & Investments Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ascom Leasing & Investments's Gross Profit for the six months ended in Mar. 2023 was ₹101.7 Mil. Ascom Leasing & Investments's Revenue for the six months ended in Mar. 2023 was ₹120.3 Mil. Therefore, Ascom Leasing & Investments's Gross Margin % for the quarter that ended in Mar. 2023 was 84.56%.

The historical rank and industry rank for Ascom Leasing & Investments's Gross Margin % or its related term are showing as below:

NSE:ASCOM' s Gross Margin % Range Over the Past 10 Years
Min: 34.66 Med: 84.76 Max: 90.14
Current: 84.56

During the past 8 years, the highest Gross Margin % of Ascom Leasing & Investments was 90.14%. The lowest was 34.66%. And the median was 84.76%.

NSE:ASCOM's Gross Margin % is ranked better than
85.27% of 353 companies
in the Credit Services industry
Industry Median: 53.17 vs NSE:ASCOM: 84.56

Ascom Leasing & Investments had a gross margin of 84.56% for the quarter that ended in Mar. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ascom Leasing & Investments was -0.90% per year.

Ascom Leasing & Investments Gross Margin % Historical Data

The historical data trend for Ascom Leasing & Investments'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.

Ascom Leasing & Investments Gross Margin % Chart

Ascom Leasing & Investments Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

Get a 7-Day Free Trial

84.81

88.68

89.61

84.70

84.56

Ascom Leasing & Investments Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Gross Margin %	Get a 7-Day Free Trial			84.81	88.68	89.61	84.70	84.56

Competitive Comparison of Ascom Leasing & Investments's Gross Margin %

For the Credit Services subindustry, Ascom Leasing & Investments'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.

Ascom Leasing & Investments's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's Gross Margin % falls into.

Ascom Leasing & Investments Gross Margin % Calculation

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

Ascom Leasing & Investments'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 )
	=	101.7	/	120.28
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(120.28 - 18.567)	/	120.28
	=	84.56 %

Ascom Leasing & Investments's Gross Margin for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )	=	Gross Profit (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	101.7	/	120.28
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(120.28 - 18.567)	/	120.28
	=	84.56 %

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.

Ascom Leasing & Investments (NSE:ASCOM) 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

Ascom Leasing & Investments had a gross margin of 84.56% for the quarter that ended in Mar. 2023 => 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.

Ascom Leasing & Investments Gross Margin % Related Terms

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

Ascom Leasing & Investments (NSE:ASCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ascom Leasing & Investments Ltd (NSE:ASCOM) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007

Website

https://www.ascomfinance.com

Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

Ascom Leasing & Investments (NSE:ASCOM) Headlines

No Headlines