Richa Info Systems (NSE:RICHA) Gross Margin % : 12.44% (As of Mar. 2023)

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What is Richa Info Systems Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Richa Info Systems's Gross Profit for the six months ended in Mar. 2023 was ₹30.7 Mil. Richa Info Systems's Revenue for the six months ended in Mar. 2023 was ₹246.4 Mil. Therefore, Richa Info Systems's Gross Margin % for the quarter that ended in Mar. 2023 was 12.44%.

The historical rank and industry rank for Richa Info Systems's Gross Margin % or its related term are showing as below:

NSE:RICHA' s Gross Margin % Range Over the Past 10 Years
Min: 8.94 Med: 10.53 Max: 15.45
Current: 15.45

During the past 6 years, the highest Gross Margin % of Richa Info Systems was 15.45%. The lowest was 8.94%. And the median was 10.53%.

NSE:RICHA's Gross Margin % is ranked worse than
87.47% of 2618 companies
in the Software industry
Industry Median: 41.435 vs NSE:RICHA: 15.45

Richa Info Systems had a gross margin of 12.44% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Richa Info Systems was 1.20% per year.

Richa Info Systems Gross Margin % Historical Data

The historical data trend for Richa Info Systems'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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Richa Info Systems Gross Margin % Chart

Richa Info Systems Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross Margin %

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9.82

11.39

10.43

15.45

8.94

Richa Info Systems Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Gross Margin %	Get a 7-Day Free Trial			11.29	10.08	23.20	12.44	-

Competitive Comparison of Richa Info Systems's Gross Margin %

For the Software - Application subindustry, Richa Info Systems'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.

Richa Info Systems's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Richa Info Systems's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Richa Info Systems's Gross Margin % falls into.

Richa Info Systems Gross Margin % Calculation

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

Richa Info Systems'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 )
	=	35	/	391.325
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(391.325 - 356.339)	/	391.325
	=	8.94 %

Richa Info Systems'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 )
	=	30.7	/	246.445
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(246.445 - 215.779)	/	246.445
	=	12.44 %

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.

Richa Info Systems (NSE:RICHA) 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

Richa Info Systems had a gross margin of 12.44% for the quarter that ended in Mar. 2023 => 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.

Richa Info Systems Gross Margin % Related Terms

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Richa Info Systems Business Description

Industry

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Traded in Other Exchanges

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Address

Shop No. 101, Shalin Complex, Sector-11, Ghandhinagar, GJ, IND, 382010

Website

https://www.richainfosys.com

Richa Info Systems Ltd is engaged in the business of assembling of innovative products and systems Integrator of multifaceted solutions of products like Interactive Flat Panel, Interactive Boards, Digital Podium, Digital Kiosk, CCTV Cameras to customers in sectors like Government, PSUs, Education, Defense. The company provides a wide choice of innovative solutions, providing service to Government organizations across India through Government e-Marketplace.

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