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G Tec Jainx Education (NSE:GTECJAINX) Gross Margin % : 77.74% (As of Sep. 2023)


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What is G Tec Jainx Education Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. G Tec Jainx Education's Gross Profit for the three months ended in Sep. 2023 was ₹15.35 Mil. G Tec Jainx Education's Revenue for the three months ended in Sep. 2023 was ₹19.75 Mil. Therefore, G Tec Jainx Education's Gross Margin % for the quarter that ended in Sep. 2023 was 77.74%.


The historical rank and industry rank for G Tec Jainx Education's Gross Margin % or its related term are showing as below:

NSE:GTECJAINX' s Gross Margin % Range Over the Past 10 Years
Min: 37.08   Med: 80.8   Max: 85.06
Current: 84.21


During the past 7 years, the highest Gross Margin % of G Tec Jainx Education was 85.06%. The lowest was 37.08%. And the median was 80.80%.

NSE:GTECJAINX's Gross Margin % is ranked better than
92.37% of 249 companies
in the Education industry
Industry Median: 47.9 vs NSE:GTECJAINX: 84.21

G Tec Jainx Education had a gross margin of 77.74% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for G Tec Jainx Education was 0.00% per year.


G Tec Jainx Education Gross Margin % Historical Data

The historical data trend for G Tec Jainx Education'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.

G Tec Jainx Education Gross Margin % Chart

G Tec Jainx Education Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial 80.80 82.08 37.08 80.91 85.06

G Tec Jainx Education Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 84.71 80.48 76.47 96.08 77.74

Competitive Comparison of G Tec Jainx Education's Gross Margin %

For the Education & Training Services subindustry, G Tec Jainx Education'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.


G Tec Jainx Education's Gross Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, G Tec Jainx Education's Gross Margin % distribution charts can be found below:

* The bar in red indicates where G Tec Jainx Education's Gross Margin % falls into.



G Tec Jainx Education Gross Margin % Calculation

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

G Tec Jainx Education'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 )
=70.6 / 83.024
=(Revenue - Cost of Goods Sold) / Revenue
=(83.024 - 12.403) / 83.024
=85.06 %

G Tec Jainx Education'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 )
=15.4 / 19.747
=(Revenue - Cost of Goods Sold) / Revenue
=(19.747 - 4.395) / 19.747
=77.74 %

* 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.


G Tec Jainx Education  (NSE:GTECJAINX) 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

G Tec Jainx Education had a gross margin of 77.74% 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.


G Tec Jainx Education Gross Margin % Related Terms

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G Tec Jainx Education (NSE:GTECJAINX) Business Description

Traded in Other Exchanges
N/A
Address
Pinnacle Corporate Park, Bandra Kurla Complex, Unit No. 12/A, Ninth Floor, A?Wing, Bandra East, Mumbai, MH, IND, 400051
G Tec Jainx Education Ltd Formerly Keerti Knowledge and Skills Ltd operates as an Information Technology training institute. The company's services include basic computer knowledge, internet, surfing, computer courses like Microsoft Office, accounting and financial management, inventory management, also various Programming Languages such as C++, .Net, Java, and Oracle, among others.

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