GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Markolines Pavement Technologies Ltd (BOM:543364) » Definitions » Gross Margin %

Markolines Pavement Technologies (BOM:543364) Gross Margin % : 69.30% (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Markolines Pavement Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Markolines Pavement Technologies's Gross Profit for the six months ended in Sep. 2023 was ₹908 Mil. Markolines Pavement Technologies's Revenue for the six months ended in Sep. 2023 was ₹1,310 Mil. Therefore, Markolines Pavement Technologies's Gross Margin % for the quarter that ended in Sep. 2023 was 69.30%.


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

BOM:543364' s Gross Margin % Range Over the Past 10 Years
Min: 56.24   Med: 63.46   Max: 88.17
Current: 77.87


During the past 5 years, the highest Gross Margin % of Markolines Pavement Technologies was 88.17%. The lowest was 56.24%. And the median was 63.46%.

BOM:543364's Gross Margin % is ranked better than
96.65% of 1613 companies
in the Construction industry
Industry Median: 19.14 vs BOM:543364: 77.87

Markolines Pavement Technologies had a gross margin of 69.30% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Markolines Pavement Technologies was 0.00% per year.


Markolines Pavement Technologies Gross Margin % Historical Data

The historical data trend for Markolines Pavement Technologies'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.

Markolines Pavement Technologies Gross Margin % Chart

Markolines Pavement Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
63.46 56.38 56.24 76.55 88.17

Markolines Pavement Technologies Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 80.53 72.35 88.62 87.59 69.30

Competitive Comparison of Markolines Pavement Technologies's Gross Margin %

For the Infrastructure Operations subindustry, Markolines Pavement Technologies'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.


Markolines Pavement Technologies's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Markolines Pavement Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Markolines Pavement Technologies's Gross Margin % falls into.



Markolines Pavement Technologies Gross Margin % Calculation

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

Markolines Pavement Technologies'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 )
=2361.3 / 2678.051
=(Revenue - Cost of Goods Sold) / Revenue
=(2678.051 - 316.731) / 2678.051
=88.17 %

Markolines Pavement Technologies'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 )
=908 / 1310.378
=(Revenue - Cost of Goods Sold) / Revenue
=(1310.378 - 402.349) / 1310.378
=69.30 %

* 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.


Markolines Pavement Technologies  (BOM:543364) 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

Markolines Pavement Technologies had a gross margin of 69.30% 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.


Markolines Pavement Technologies Gross Margin % Related Terms

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


Markolines Pavement Technologies (BOM:543364) Business Description

Traded in Other Exchanges
N/A
Address
Shree Nand Dham, 6th Floor, Wing-A, Sector-11, CBD Belapur, Navi Mumbai, MH, IND, 400614
Markolines Pavement Technologies Ltd is a highway operation and maintenance service providing company. Its operations are mainly divided into-Highway Operations which include toll operations, route patrolling, and incident management; the Highway Maintenance division includes routine maintenance, preventive maintenance, and major maintenance and repairs and whereas the specialized Maintenance Services include micro surfacing, Base Stabilization and cold in-place recycling.

Markolines Pavement Technologies (BOM:543364) Headlines

No Headlines