Net Avenue Technologies (NSE:CBAZAAR) Gross Margin % : 77.98% (As of Mar. 2024)

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What is Net Avenue Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Net Avenue Technologies's Gross Profit for the six months ended in Mar. 2024 was ₹204.2 Mil. Net Avenue Technologies's Revenue for the six months ended in Mar. 2024 was ₹261.9 Mil. Therefore, Net Avenue Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was 77.98%.

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

NSE:CBAZAAR' s Gross Margin % Range Over the Past 10 Years
Min: 60.81 Med: 68.66 Max: 77.98
Current: 77.98

During the past 4 years, the highest Gross Margin % of Net Avenue Technologies was 77.98%. The lowest was 60.81%. And the median was 68.66%.

NSE:CBAZAAR's Gross Margin % is ranked better than
97.17% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.85 vs NSE:CBAZAAR: 77.98

Net Avenue Technologies had a gross margin of 77.98% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Net Avenue Technologies was 0.00% per year.

Net Avenue Technologies Gross Margin % Historical Data

The historical data trend for Net Avenue Technologies'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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Net Avenue Technologies Gross Margin % Chart

Net Avenue Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Gross Margin %

60.81

72.53

64.78

77.98

Net Avenue Technologies Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Gross Margin %	60.81	72.53	64.78	77.98

Competitive Comparison of Net Avenue Technologies's Gross Margin %

For the Internet Retail subindustry, Net Avenue Technologies'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.

Net Avenue Technologies's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Net Avenue Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Net Avenue Technologies's Gross Margin % falls into.

Net Avenue Technologies Gross Margin % Calculation

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

Net Avenue Technologies'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 )
	=	204.2	/	261.872
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(261.872 - 57.673)	/	261.872
	=	77.98 %

Net Avenue Technologies'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 )
	=	204.2	/	261.872
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(261.872 - 57.673)	/	261.872
	=	77.98 %

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.

Net Avenue Technologies (NSE:CBAZAAR) 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

Net Avenue Technologies had a gross margin of 77.98% 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.

Net Avenue Technologies Gross Margin % Related Terms

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Net Avenue Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Net Avenue Technologies Ltd (NSE:CBAZAAR) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor Prithvi Avenue, New No. 16, Old No. 13, 1st, Alwarpet, Chennai, TN, IND, 600018

Website

https://www.natl.in

Net Avenue Technologies Ltd is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. Its core business sells Indian Ethnic wear and accessories, catering to the South Asian Diaspora and its product range includes Indian ethnic wear and accessories for women, men, teens, and kids. The company distributes its products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.

Net Avenue Technologies Headlines

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