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Khandwala Securities (BOM:531892) Gross Margin % : 67.63% (As of Dec. 2023)


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What is Khandwala Securities Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Khandwala Securities's Gross Profit for the three months ended in Dec. 2023 was ₹14.61 Mil. Khandwala Securities's Revenue for the three months ended in Dec. 2023 was ₹21.60 Mil. Therefore, Khandwala Securities's Gross Margin % for the quarter that ended in Dec. 2023 was 67.63%.


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

BOM:531892' s Gross Margin % Range Over the Past 10 Years
Min: 19.69   Med: 42.23   Max: 62.77
Current: 62.77


During the past 13 years, the highest Gross Margin % of Khandwala Securities was 62.77%. The lowest was 19.69%. And the median was 42.23%.

BOM:531892's Gross Margin % is ranked better than
65.62% of 605 companies
in the Capital Markets industry
Industry Median: 49.2 vs BOM:531892: 62.77

Khandwala Securities had a gross margin of 67.63% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Khandwala Securities was 9.20% per year.


Khandwala Securities Gross Margin % Historical Data

The historical data trend for Khandwala Securities'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.

Khandwala Securities Gross Margin % Chart

Khandwala Securities 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 31.87 19.69 25.25 44.55 60.70

Khandwala Securities 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 82.80 42.25 71.34 63.50 67.63

Competitive Comparison of Khandwala Securities's Gross Margin %

For the Capital Markets subindustry, Khandwala Securities'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.


Khandwala Securities's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Khandwala Securities's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Khandwala Securities's Gross Margin % falls into.



Khandwala Securities Gross Margin % Calculation

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

Khandwala Securities'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 )
=38.1 / 62.767
=(Revenue - Cost of Goods Sold) / Revenue
=(62.767 - 24.665) / 62.767
=60.70 %

Khandwala Securities'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 )
=14.6 / 21.604
=(Revenue - Cost of Goods Sold) / Revenue
=(21.604 - 6.993) / 21.604
=67.63 %

* 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.


Khandwala Securities  (BOM:531892) 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

Khandwala Securities had a gross margin of 67.63% 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.


Khandwala Securities Gross Margin % Related Terms

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


Khandwala Securities (BOM:531892) Business Description

Traded in Other Exchanges
Address
Green Street, Ground Floor, Vikas Building, Fort, Mumbai, MH, IND, 400 023
Khandwala Securities Ltd is engaged in the capital market business sector. The company offers services in the fields of institutional equity; investment banking; investment advisory; private wealth and portfolio management. The company is organized into two segments - Fee-based and Investment/Trading In Stock. The Company has considered these two divisions as its business segments. The Fee-based division provides financial advisory services relating to mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The investment and Stock division carries out trading, investing, and speculation activities in capital markets (debt and equity) for the company.

Khandwala Securities (BOM:531892) Headlines

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