PB Fintech (BOM:543390) Gross Margin %

: 54.33% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. PB Fintech's Gross Profit for the three months ended in Dec. 2023 was ₹4,731 Mil. PB Fintech's Revenue for the three months ended in Dec. 2023 was ₹8,709 Mil. Therefore, PB Fintech's Gross Margin % for the quarter that ended in Dec. 2023 was 54.33%.

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

BOM:543390' s Gross Margin % Range Over the Past 10 Years
Min: 11.89 Med: 32.47 Max: 52.76
Current: 50.4

During the past 5 years, the highest Gross Margin % of PB Fintech was 52.76%. The lowest was 11.89%. And the median was 32.47%.

BOM:543390's Gross Margin % is ranked better than
61.54% of 52 companies
in the Insurance industry
Industry Median: 43.135 vs BOM:543390: 50.40

PB Fintech had a gross margin of 54.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

PB Fintech Gross Margin % Historical Data

The historical data trend for PB Fintech'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.

PB Fintech Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

19.22

32.47

52.76

11.89

39.81

PB Fintech Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %												41.57	54.99	42.32	47.90	54.33

Competitive Comparison

For the Insurance Brokers subindustry, PB Fintech'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.

PB Fintech Gross Margin % Distribution

For the Insurance industry and Financial Services sector, PB Fintech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PB Fintech's Gross Margin % falls into.

PB Fintech Gross Margin % Calculation

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

PB Fintech'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 )
	=	10182.5	/	25578.471
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(25578.471 - 15396.001)	/	25578.471
	=	39.81 %

PB Fintech'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 )
	=	4731.4	/	8708.912
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8708.912 - 3977.53)	/	8708.912
	=	54.33 %

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.

PB Fintech (BOM:543390) 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

PB Fintech had a gross margin of 54.33% for the quarter that ended in Dec. 2023 => 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.

PB Fintech Gross Margin % Related Terms

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PB Fintech (BOM:543390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PB Fintech Ltd (BOM:543390) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

POLICYBZR:India

Address

Plot No. 119, Sector 44, Gurgaon, HR, IND, 122 001

Website

https://www.pbfintech.in

PB Fintech Ltd is an online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage. The group earns its entire revenue within India only. The company has two operating segments Insurance services segment and the Other services segment. The company generates the majority of its revenue from the Other services segment, which consists of online marketing, consulting and support services provided largely to the financial service industry. The Insurance services segment consists of Insurance Broker services provided by the Group.

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