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Aditya Birla Sun Life AMC (BOM:543374) Gross Margin % : 74.25% (As of Mar. 2024)


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What is Aditya Birla Sun Life AMC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aditya Birla Sun Life AMC's Gross Profit for the three months ended in Mar. 2024 was ₹2,715 Mil. Aditya Birla Sun Life AMC's Revenue for the three months ended in Mar. 2024 was ₹3,656 Mil. Therefore, Aditya Birla Sun Life AMC's Gross Margin % for the quarter that ended in Mar. 2024 was 74.25%.


The historical rank and industry rank for Aditya Birla Sun Life AMC's Gross Margin % or its related term are showing as below:

BOM:543374' s Gross Margin % Range Over the Past 10 Years
Min: 71.59   Med: 74.96   Max: 83.95
Current: 73.71


During the past 6 years, the highest Gross Margin % of Aditya Birla Sun Life AMC was 83.95%. The lowest was 71.59%. And the median was 74.96%.

BOM:543374's Gross Margin % is ranked better than
68.43% of 529 companies
in the Asset Management industry
Industry Median: 51.55 vs BOM:543374: 73.71

Aditya Birla Sun Life AMC had a gross margin of 74.25% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aditya Birla Sun Life AMC was 0.80% per year.


Aditya Birla Sun Life AMC Gross Margin % Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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.

Aditya Birla Sun Life AMC Gross Margin % Chart

Aditya Birla Sun Life AMC Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 75.14 74.78 83.95 75.54 73.71

Aditya Birla Sun Life AMC Quarterly Data
Mar19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 73.53 72.52 73.71 74.20 74.25

Competitive Comparison of Aditya Birla Sun Life AMC's Gross Margin %

For the Asset Management subindustry, Aditya Birla Sun Life AMC'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.


Aditya Birla Sun Life AMC's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aditya Birla Sun Life AMC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aditya Birla Sun Life AMC's Gross Margin % falls into.



Aditya Birla Sun Life AMC Gross Margin % Calculation

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

Aditya Birla Sun Life AMC's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=9973.7 / 13531.9
=(Revenue - Cost of Goods Sold) / Revenue
=(13531.9 - 3558.2) / 13531.9
=73.71 %

Aditya Birla Sun Life AMC's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2714.5 / 3655.8
=(Revenue - Cost of Goods Sold) / Revenue
=(3655.8 - 941.3) / 3655.8
=74.25 %

* 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.


Aditya Birla Sun Life AMC  (BOM:543374) 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

Aditya Birla Sun Life AMC had a gross margin of 74.25% 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.


Aditya Birla Sun Life AMC Gross Margin % Related Terms

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Aditya Birla Sun Life AMC (BOM:543374) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400 013
Aditya Birla Sun Life AMC Ltd is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.

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