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Magnus Retail (BOM:517320) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Magnus Retail Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Magnus Retail's Gross Profit for the three months ended in Dec. 2023 was ₹-0.08 Mil. Magnus Retail's Revenue for the three months ended in Dec. 2023 was ₹0.00 Mil. Therefore, Magnus Retail's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%.


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


BOM:517320's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 41.76
* Ranked among companies with meaningful Gross Margin % only.

Magnus Retail had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Magnus Retail Gross Margin % Historical Data

The historical data trend for Magnus Retail'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.

Magnus Retail Gross Margin % Chart

Magnus Retail Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
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Magnus Retail Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Magnus Retail's Gross Margin %

For the Information Technology Services subindustry, Magnus Retail'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.


Magnus Retail's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Magnus Retail's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Magnus Retail's Gross Margin % falls into.



Magnus Retail Gross Margin % Calculation

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

Magnus Retail'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 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.144) / 0
= %

Magnus Retail'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 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.084) / 0
= %

* 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.


Magnus Retail  (BOM:517320) 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

Magnus Retail had a gross margin of % 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.


Magnus Retail Gross Margin % Related Terms

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Magnus Retail (BOM:517320) Business Description

Traded in Other Exchanges
N/A
Address
Third Avenue, Indira Nagar, No. 16, First Floor, Corporation Shopping Complex, Adyar, Chennai, TN, IND, 600 020
Magnus Retail Ltd Formerly Savant Infocomm Ltd is engaged in providing service activities in Information Technology related fields, with a special focus on computer hardware, software, business process outsourcing, training in information technology-related fields, and academic training.

Magnus Retail (BOM:517320) Headlines

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