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RKEC Projects (NSE:RKEC) Gross Margin % : 0.00% (As of Sep. 2024)


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What is RKEC Projects Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. RKEC Projects's Gross Profit for the three months ended in Sep. 2024 was ₹768 Mil. RKEC Projects's Revenue for the three months ended in Sep. 2024 was ₹768 Mil. Therefore, RKEC Projects's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

RKEC Projects Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


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


During the past 12 years, the highest Gross Margin % of RKEC Projects was 60.09%. The lowest was 22.66%. And the median was 29.12%.

NSE:RKEC's Gross Margin % is not ranked *
in the Construction industry.
Industry Median: 20.19
* Ranked among companies with meaningful Gross Margin % only.

RKEC Projects had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RKEC Projects was -1.30% per year.


RKEC Projects Gross Margin % Historical Data

The historical data trend for RKEC Projects'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.

RKEC Projects Gross Margin % Chart

RKEC Projects 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 31.17 32.95 28.70 27.83 29.16

RKEC Projects Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of RKEC Projects's Gross Margin %

For the Engineering & Construction subindustry, RKEC Projects'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.


RKEC Projects's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, RKEC Projects's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RKEC Projects's Gross Margin % falls into.


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RKEC Projects Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

RKEC Projects'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 )
=979.2 / 3358.6
=(Revenue - Cost of Goods Sold) / Revenue
=(3358.6 - 2379.357) / 3358.6
=29.16 %

RKEC Projects'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 )
=768.4 / 768.445
=(Revenue - Cost of Goods Sold) / Revenue
=(768.445 - 0) / 768.445
=N/A %

* 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.


RKEC Projects  (NSE:RKEC) 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

RKEC Projects had a gross margin of N/A% for the quarter that ended in Sep. 2024 => 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.


RKEC Projects Gross Margin % Related Terms

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RKEC Projects Business Description

Traded in Other Exchanges
N/A
Address
Old Jail Road, Rednam Gardens, No. 10-12-1, Rednam Alcazar, 3rd Floor, Opposite SBI Main Branch, Vishakhapatnam, AP, IND, 530002
RKEC Projects Ltd operates in the construction business. The company is engaged in civil construction such as the construction of highways, roads, and bridges. Its completed projects include Marine Works, Roads and Bridges, Building and Infrastructure Works, and Electrification.

RKEC Projects Headlines

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