IITL Projects (BOM:531968) Gross Margin % : 34.62% (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is IITL Projects Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. IITL Projects's Gross Profit for the three months ended in Dec. 2023 was ₹2.01 Mil. IITL Projects's Revenue for the three months ended in Dec. 2023 was ₹5.81 Mil. Therefore, IITL Projects's Gross Margin % for the quarter that ended in Dec. 2023 was 34.62%.

Warning Sign:

IITL Projects Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.5%.

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

BOM:531968' s Gross Margin % Range Over the Past 10 Years
Min: -0.14 Med: 32.74 Max: 66.99
Current: 22.36

During the past 13 years, the highest Gross Margin % of IITL Projects was 66.99%. The lowest was -0.14%. And the median was 32.74%.

BOM:531968's Gross Margin % is ranked worse than
71.08% of 1653 companies
in the Real Estate industry
Industry Median: 36.8 vs BOM:531968: 22.36

IITL Projects had a gross margin of 34.62% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for IITL Projects was -9.50% per year.

IITL Projects Gross Margin % Historical Data

The historical data trend for IITL 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.

IITL Projects Gross Margin % Chart

IITL Projects Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

Get a 7-Day Free Trial

66.99

45.37

29.93

24.94

35.55

IITL Projects 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															28.60	20.83	24.67	12.21	34.62

Competitive Comparison of IITL Projects's Gross Margin %

For the Real Estate - Development subindustry, IITL 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.

IITL Projects's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IITL Projects's Gross Margin % distribution charts can be found below:

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

IITL Projects Gross Margin % Calculation

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

IITL Projects'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 )
	=	5.1	/	14.287
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(14.287 - 9.208)	/	14.287
	=	35.55 %

IITL Projects'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 )
	=	2	/	5.808
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.808 - 3.797)	/	5.808
	=	34.62 %

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.

IITL Projects (BOM:531968) 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

IITL Projects had a gross margin of 34.62% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

IITL Projects Gross Margin % Related Terms

Thank you for viewing the detailed overview of IITL Projects's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

IITL Projects (BOM:531968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IITL Projects Ltd (BOM:531968) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

313-315, Vikas Deep Building, District Centre, Laxmi Nagar, Delhi, IND, 110092

Website

https://www.iitlprojects.com

IITL Projects Ltd is engaged in the real estate business and construction of residential complexes in the National Capital Region (NCR). It operates through the Real Estate development and related activities segment. It is also involved in providing techno-commercial consultancy to infrastructure projects. The company's projects under construction at various levels include Express Park View, Express Park View-II, The Hyde Park, The Golden Palms, and The Golden Palm Village.

IITL Projects (BOM:531968) Headlines

No Headlines