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Systango Technologies (NSE:SYSTANGO) Gross Margin % : 152.23% (As of Mar. 2024)


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What is Systango Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Systango Technologies's Gross Profit for the six months ended in Mar. 2024 was ₹451.4 Mil. Systango Technologies's Revenue for the six months ended in Mar. 2024 was ₹296.5 Mil. Therefore, Systango Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was 152.23%.


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

NSE:SYSTANGO' s Gross Margin % Range Over the Past 10 Years
Min: 32.49   Med: 41.44   Max: 97.81
Current: 97.31


During the past 5 years, the highest Gross Margin % of Systango Technologies was 97.81%. The lowest was 32.49%. And the median was 41.44%.

NSE:SYSTANGO's Gross Margin % is ranked better than
97.34% of 2630 companies
in the Software industry
Industry Median: 41.72 vs NSE:SYSTANGO: 97.31

Systango Technologies had a gross margin of 152.23% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Systango Technologies Gross Margin % Historical Data

The historical data trend for Systango 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.

* Premium members only.

Systango Technologies Gross Margin % Chart

Systango Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
32.49 41.44 41.11 97.81 97.31

Systango Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Margin % Get a 7-Day Free Trial - 41.53 139.91 36.82 152.23

Competitive Comparison of Systango Technologies's Gross Margin %

For the Software - Infrastructure subindustry, Systango 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.


Systango Technologies's Gross Margin % Distribution in the Software Industry

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

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



Systango Technologies Gross Margin % Calculation

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

Systango 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 )
=550.5 / 565.721
=(Revenue - Cost of Goods Sold) / Revenue
=(565.721 - 15.196) / 565.721
=97.31 %

Systango 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 )
=451.4 / 296.515
=(Revenue - Cost of Goods Sold) / Revenue
=(296.515 - -154.882) / 296.515
=152.23 %

* 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.


Systango Technologies  (NSE:SYSTANGO) 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

Systango Technologies had a gross margin of 152.23% 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.


Systango Technologies Gross Margin % Related Terms

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Systango Technologies (NSE:SYSTANGO) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, 3rd Floor (LHS), STP-I Crystal IT Park, Indore, MP, IND, 452010
Systango Technologies Ltd is engaged in the business of providing software solutions to design, implement, and manage their own Customized Digital Platforms including Web2, Web3, and Mobile applications, with an emphasis on data and analytics. The range of software solutions provided by the company is wide and includes website development, mobile app development for both IOS and Android applications, web3 development, decentralized finance, data engineering, implementation of blockchain, cloud computing, and digital marketing. Systango offers its services across various sectors like Hospitality, Property Tech, Financial Services, Fantasy Sports, and many others.

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