GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nirmitee Robotics India Ltd (BOM:543194) » Definitions » Gross Margin %

Nirmitee Robotics India (BOM:543194) Gross Margin % : 139.46% (As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Nirmitee Robotics India Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nirmitee Robotics India's Gross Profit for the six months ended in Sep. 2023 was ₹33.69 Mil. Nirmitee Robotics India's Revenue for the six months ended in Sep. 2023 was ₹24.16 Mil. Therefore, Nirmitee Robotics India's Gross Margin % for the quarter that ended in Sep. 2023 was 139.46%.


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

BOM:543194' s Gross Margin % Range Over the Past 10 Years
Min: 74.04   Med: 84.28   Max: 102.34
Current: 80.04


During the past 7 years, the highest Gross Margin % of Nirmitee Robotics India was 102.34%. The lowest was 74.04%. And the median was 84.28%.

BOM:543194's Gross Margin % is ranked better than
89.36% of 987 companies
in the Business Services industry
Industry Median: 34.38 vs BOM:543194: 80.04

Nirmitee Robotics India had a gross margin of 139.46% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nirmitee Robotics India was 0.00% per year.


Nirmitee Robotics India Gross Margin % Historical Data

The historical data trend for Nirmitee Robotics India'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.

Nirmitee Robotics India Gross Margin % Chart

Nirmitee Robotics India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 84.81 - 102.34 83.75 74.04

Nirmitee Robotics India Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.12 74.10 152.55 42.70 139.46

Competitive Comparison of Nirmitee Robotics India's Gross Margin %

For the Specialty Business Services subindustry, Nirmitee Robotics India'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.


Nirmitee Robotics India's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nirmitee Robotics India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nirmitee Robotics India's Gross Margin % falls into.



Nirmitee Robotics India Gross Margin % Calculation

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

Nirmitee Robotics India'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 )
=39.8 / 53.786
=(Revenue - Cost of Goods Sold) / Revenue
=(53.786 - 13.963) / 53.786
=74.04 %

Nirmitee Robotics India's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=33.7 / 24.155
=(Revenue - Cost of Goods Sold) / Revenue
=(24.155 - -9.532) / 24.155
=139.46 %

* 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.


Nirmitee Robotics India  (BOM:543194) 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

Nirmitee Robotics India had a gross margin of 139.46% for the quarter that ended in Sep. 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.


Nirmitee Robotics India Gross Margin % Related Terms

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


Nirmitee Robotics India (BOM:543194) Business Description

Traded in Other Exchanges
N/A
Address
Hingna, MIDC, D 3/2, Nagpur, MH, IND, 440028
Nirmitee Robotics India Ltd is a tech-based company making robots using robotic technology. It provides HVAC Duct Cleaning and Ozone sterilization services with these robots. The company makes custom made robots operated by machines that clean the inside of HVAC Air Ducts - by scrubbing, polishing, sucking, scraping, and removal of the accumulated contaminants like dust, debris, bacteria, mold, and even dead pests and rodents and provides the Ozone treatment to the ducts from the inside and thus sanitizes it.

Nirmitee Robotics India (BOM:543194) Headlines

No Headlines