Gross Margin % is calculated as gross profit divided by its revenue. Hathway Cable & Datacom's Gross Profit for the
three
months ended in Mar. 2024 was ₹2,629 Mil. Hathway Cable & Datacom's Revenue for the
three
months ended in Mar. 2024 was ₹4,934 Mil. Therefore, Hathway Cable & Datacom's Gross Margin % for the quarter that ended in Mar. 2024 was 53.29%.
Warning Sign:
Hathway Cable & Datacom Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.
The historical rank and industry rank for Hathway Cable & Datacom's Gross Margin % or its related term are showing as below:
NSE:HATHWAY'
s Gross Margin % Range Over the Past 10 Years
Min: 46.82 Med: 55.64 Max: 62.93
Current: 47.16
During the past 13 years, the highestGross Margin % of Hathway Cable & Datacom was 62.93%. The lowest was 46.82%. And the median was 55.64%.
NSE:HATHWAY's Gross Margin % is ranked better than 63.83% of 962
companies
in the Media - Diversified industry
Industry Median: 38.675
vs NSE:HATHWAY: 47.16
Hathway Cable & Datacom had a gross margin of 53.29% for the quarter that ended in Mar. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Hathway Cable & Datacom was -1.10% per year.
Hathway Cable & Datacom Gross Margin % Historical Data
The historical data trend for Hathway Cable & Datacom'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.
Hathway Cable & Datacom Annual Data
Trend
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Mar24
Gross Margin %
62.93
61.03
56.78
59.06
53.62
Hathway Cable & Datacom Quarterly Data
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Mar24
Gross Margin %
57.70
53.44
54.66
53.12
53.29
Competitive Comparison
For the Entertainment subindustry, Hathway Cable & Datacom'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.
Hathway Cable & Datacom Gross Margin % Distribution
For the Media - Diversified industry and Communication Services sector, Hathway Cable & Datacom's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hathway Cable & Datacom's Gross Margin % falls into.
* 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.
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
Hathway Cable & Datacom had a gross margin of 53.29% 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.
Hathway Cable & Datacom Gross Margin % Related Terms
Thank you for viewing the detailed overview of Hathway Cable & Datacom's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Hathway Cable & Datacom (NSE:HATHWAY) Business Description
Hathway Cable & Datacom Ltd is an India-based Multi System Operator engaged in providing cable television (TV) network services, broadband services, and allied services. The product range of the company includes digital and analogue cable television, broadband and local television channels. The products offered under the digital cable television services are HD Personal Video Recorder, Hathway SD, and Hathway HD. The company provides TV services in digital mode. In addition, it also offers features like video on demand, an electronic programming guide, and other features. It generates the majority of the revenue from Cable television services. The Group has two reportable segments: Broadband Business and Cable Television.
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