GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Asarfi Hospital Ltd (BOM:543943) » Definitions » Gross Margin %

Asarfi Hospital (BOM:543943) Gross Margin % : 76.34% (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Asarfi Hospital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Asarfi Hospital's Gross Profit for the six months ended in Sep. 2023 was ₹307.8 Mil. Asarfi Hospital's Revenue for the six months ended in Sep. 2023 was ₹403.2 Mil. Therefore, Asarfi Hospital's Gross Margin % for the quarter that ended in Sep. 2023 was 76.34%.


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

BOM:543943' s Gross Margin % Range Over the Past 10 Years
Min: 58.1   Med: 60.63   Max: 75.19
Current: 75.19


During the past 3 years, the highest Gross Margin % of Asarfi Hospital was 75.19%. The lowest was 58.10%. And the median was 60.63%.

BOM:543943's Gross Margin % is ranked better than
81.61% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.61 vs BOM:543943: 75.19

Asarfi Hospital had a gross margin of 76.34% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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


Asarfi Hospital Gross Margin % Historical Data

The historical data trend for Asarfi Hospital'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.

Asarfi Hospital Gross Margin % Chart

Asarfi Hospital Annual Data
Trend Mar21 Mar22 Mar23
Gross Margin %
58.10 60.63 71.67

Asarfi Hospital Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Gross Margin % - - 69.49 73.87 76.34

Competitive Comparison of Asarfi Hospital's Gross Margin %

For the Medical Care Facilities subindustry, Asarfi Hospital'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.


Asarfi Hospital's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Asarfi Hospital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Asarfi Hospital's Gross Margin % falls into.



Asarfi Hospital Gross Margin % Calculation

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

Asarfi Hospital'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 )
=506.7 / 707.033
=(Revenue - Cost of Goods Sold) / Revenue
=(707.033 - 200.297) / 707.033
=71.67 %

Asarfi Hospital'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 )
=307.8 / 403.17
=(Revenue - Cost of Goods Sold) / Revenue
=(403.17 - 95.404) / 403.17
=76.34 %

* 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.


Asarfi Hospital  (BOM:543943) 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

Asarfi Hospital had a gross margin of 76.34% 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.


Asarfi Hospital Gross Margin % Related Terms

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


Asarfi Hospital (BOM:543943) Business Description

Traded in Other Exchanges
N/A
Address
Bishunpur Polytechnic, Baramuri, 4th floor, Dhanbad, JH, IND, 828130
Asarfi Hospital Ltd provides healthcare facilities to the people of Jharkhand. It is a is a 250 bedded multi-specialty hospital offering healthcare facilities. The company is committed towards delivering valued healthcare services to patients that include prevention, treatment, and proper rehabilitation.

Asarfi Hospital (BOM:543943) Headlines

No Headlines