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MAS Financial Services (NSE:MASFIN) Gross Margin % : 31.91% (As of Mar. 2024)


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What is MAS Financial Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MAS Financial Services's Gross Profit for the three months ended in Mar. 2024 was ₹955 Mil. MAS Financial Services's Revenue for the three months ended in Mar. 2024 was ₹2,994 Mil. Therefore, MAS Financial Services's Gross Margin % for the quarter that ended in Mar. 2024 was 31.91%.

Warning Sign:

MAS Financial Services Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.3%.


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

NSE:MASFIN' s Gross Margin % Range Over the Past 10 Years
Min: 30.4   Med: 43.96   Max: 56.09
Current: 30.4


During the past 13 years, the highest Gross Margin % of MAS Financial Services was 56.09%. The lowest was 30.40%. And the median was 43.96%.

NSE:MASFIN's Gross Margin % is ranked worse than
77.68% of 354 companies
in the Credit Services industry
Industry Median: 53.125 vs NSE:MASFIN: 30.40

MAS Financial Services had a gross margin of 31.91% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MAS Financial Services was -11.30% per year.


MAS Financial Services Gross Margin % Historical Data

The historical data trend for MAS Financial 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.

MAS Financial Services Gross Margin % Chart

MAS Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.53 41.38 33.45 30.54 30.40

MAS Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.81 29.34 30.91 29.34 31.91

Competitive Comparison of MAS Financial Services's Gross Margin %

For the Credit Services subindustry, MAS Financial 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.


MAS Financial Services's Gross Margin % Distribution in the Credit Services Industry

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

* The bar in red indicates where MAS Financial Services's Gross Margin % falls into.



MAS Financial Services Gross Margin % Calculation

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

MAS Financial 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 )
=3476.1 / 11435.7
=(Revenue - Cost of Goods Sold) / Revenue
=(11435.7 - 7959.6) / 11435.7
=30.40 %

MAS Financial 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 )
=955.3 / 2993.5
=(Revenue - Cost of Goods Sold) / Revenue
=(2993.5 - 2038.2) / 2993.5
=31.91 %

* 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.


MAS Financial Services  (NSE:MASFIN) 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

MAS Financial Services had a gross margin of 31.91% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


MAS Financial Services Gross Margin % Related Terms

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


MAS Financial Services (NSE:MASFIN) Business Description

Traded in Other Exchanges
Address
Ashram Road, 6, Narayan Chambers, Ground Floor, Behind Patang Hotel, Nehru Bridge Corner, Ahmedabad, GJ, IND, 380 009
MAS Financial Services Ltd operates as a non-banking financial company. It is mainly in the retail business, comprising Micro, small, and medium enterprises, two-wheelers, three-wheelers and multi-utility vehicles loans to individual borrowers and loans to microfinance institutions and other non-banking financial companies. It focuses on the lower-income and middle-income groups of society, spread across urban, semi-urban, and rural areas, including formal and informal sectors.

MAS Financial Services (NSE:MASFIN) Headlines

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