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Coral India Finance & Housing (BOM:531556) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Coral India Finance & Housing Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Coral India Finance & Housing's Gross Profit for the three months ended in Dec. 2023 was ₹35.0 Mil. Coral India Finance & Housing's Revenue for the three months ended in Dec. 2023 was ₹35.0 Mil. Therefore, Coral India Finance & Housing's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Coral India Finance & Housing's Gross Margin % or its related term are showing as below:

BOM:531556' s Gross Margin % Range Over the Past 10 Years
Min: 58.67   Med: 80.17   Max: 95.61
Current: 84.82


During the past 13 years, the highest Gross Margin % of Coral India Finance & Housing was 95.61%. The lowest was 58.67%. And the median was 80.17%.

BOM:531556's Gross Margin % is ranked better than
91.23% of 1653 companies
in the Real Estate industry
Industry Median: 36.8 vs BOM:531556: 84.82

Coral India Finance & Housing had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Coral India Finance & Housing was 6.80% per year.


Coral India Finance & Housing Gross Margin % Historical Data

The historical data trend for Coral India Finance & Housing'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.

Coral India Finance & Housing Gross Margin % Chart

Coral India Finance & Housing Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.95 95.61 89.40 87.26 83.16

Coral India Finance & Housing Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 81.21 76.26 83.78 89.43 -

Competitive Comparison of Coral India Finance & Housing's Gross Margin %

For the Real Estate Services subindustry, Coral India Finance & Housing'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.


Coral India Finance & Housing's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Coral India Finance & Housing's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Coral India Finance & Housing's Gross Margin % falls into.



Coral India Finance & Housing 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.)

Coral India Finance & Housing's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=236.9 / 284.915
=(Revenue - Cost of Goods Sold) / Revenue
=(284.915 - 47.988) / 284.915
=83.16 %

Coral India Finance & Housing's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=35 / 34.989
=(Revenue - Cost of Goods Sold) / Revenue
=(34.989 - 0) / 34.989
=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.


Coral India Finance & Housing  (BOM:531556) 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

Coral India Finance & Housing had a gross margin of N/A% for the quarter that ended in Dec. 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.


Coral India Finance & Housing Gross Margin % Related Terms

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Coral India Finance & Housing (BOM:531556) Business Description

Traded in Other Exchanges
Address
Jamnalal Bajaj Marg, Dalamal House, 4th Floor, Nariman Point, Mumbai, MH, IND, 400021
Coral India Finance & Housing Ltd is a housing development company in India. The company is primarily engaged in two segments viz, Construction, development & maintenance of properties and related services, and Investment. The majority of its revenue is derived from the Investment segment. Some of its projects include Coral Heights and Coral Gardens.

Coral India Finance & Housing (BOM:531556) Headlines

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