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Emkay Global Financial Services (BOM:532737) Gross Profit : ₹655 Mil (TTM As of Mar. 2024)


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What is Emkay Global Financial Services Gross Profit?

Emkay Global Financial Services's gross profit for the three months ended in Mar. 2024 was ₹239 Mil. Emkay Global Financial Services's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹655 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Emkay Global Financial Services's gross profit for the three months ended in Mar. 2024 was ₹239 Mil. Emkay Global Financial Services's Revenue for the three months ended in Mar. 2024 was ₹820 Mil. Therefore, Emkay Global Financial Services's Gross Margin % for the quarter that ended in Mar. 2024 was 29.12%.

Emkay Global Financial Services had a gross margin of 29.12% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Emkay Global Financial Services was 45.56%. The lowest was 16.18%. And the median was 34.05%.

Warning Sign:

Emkay Global Financial Services Ltd gross margin has been in long-term decline. The average rate of decline per year is -10.8%.


Emkay Global Financial Services Gross Profit Historical Data

The historical data trend for Emkay Global Financial Services's Gross Profit 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.

Emkay Global Financial Services Gross Profit Chart

Emkay Global Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 373.93 351.39 409.64 274.03 621.59

Emkay Global 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 Profit 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 9.26 61.68 191.04 163.22 238.75

Competitive Comparison of Emkay Global Financial Services's Gross Profit

For the Capital Markets subindustry, Emkay Global Financial Services's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Emkay Global Financial Services's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Emkay Global Financial Services's Gross Profit distribution charts can be found below:

* The bar in red indicates where Emkay Global Financial Services's Gross Profit falls into.



Emkay Global Financial Services Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Emkay Global Financial Services's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=2467.459 - 1845.867
=622

Emkay Global Financial Services's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=819.952 - 581.206
=239

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹655 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Emkay Global 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=239 / 819.952
=29.12 %

* 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.


Emkay Global Financial Services  (BOM:532737) Gross Profit 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

Emkay Global Financial Services had a gross margin of 29.12% for the quarter that ended in Mar. 2024 => Competition eroding margins


Emkay Global Financial Services Gross Profit Related Terms

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Emkay Global Financial Services (BOM:532737) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, The Ruby, 7th Floor, Dadar (West), Mumbai, MH, IND, 400028
Emkay Global Financial Services Ltd is a holding company engaged in stockbroking. The company operates in two reportable segments that include Advisory and Transactional Services and Financing and Investment Activities. The company is involved in providing financial services and solutions, such as equity broking, asset management, wealth management, currency and commodity advisory and broking, investment banking, and financial education services. The majority of the revenue is generated from the Advisory and Transactional Services segment.

Emkay Global Financial Services (BOM:532737) Headlines

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