Micropro Software Solutions (NSE:MICROPRO) Gross Margin % : 65.49% (As of Mar. 2023)

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What is Micropro Software Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Micropro Software Solutions's Gross Profit for the six months ended in Mar. 2023 was ₹143.7 Mil. Micropro Software Solutions's Revenue for the six months ended in Mar. 2023 was ₹219.4 Mil. Therefore, Micropro Software Solutions's Gross Margin % for the quarter that ended in Mar. 2023 was 65.49%.

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

NSE:MICROPRO' s Gross Margin % Range Over the Past 10 Years
Min: 44.11 Med: 51.86 Max: 65.49
Current: 65.49

During the past 3 years, the highest Gross Margin % of Micropro Software Solutions was 65.49%. The lowest was 44.11%. And the median was 51.86%.

NSE:MICROPRO's Gross Margin % is ranked better than
74% of 2631 companies
in the Software industry
Industry Median: 41.74 vs NSE:MICROPRO: 65.49

Micropro Software Solutions had a gross margin of 65.49% for the quarter that ended in Mar. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Micropro Software Solutions was 0.00% per year.

Micropro Software Solutions Gross Margin % Historical Data

The historical data trend for Micropro Software Solutions'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.

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Micropro Software Solutions Gross Margin % Chart

Micropro Software Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

44.11

51.86

65.49

Micropro Software Solutions Semi-Annual Data
	Mar21	Mar22	Mar23
Gross Margin %	44.11	51.86	65.49

Competitive Comparison of Micropro Software Solutions's Gross Margin %

For the Information Technology Services subindustry, Micropro Software Solutions'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.

Micropro Software Solutions's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Micropro Software Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Micropro Software Solutions's Gross Margin % falls into.

Micropro Software Solutions Gross Margin % Calculation

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

Micropro Software Solutions'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 )
	=	143.7	/	219.364
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(219.364 - 75.696)	/	219.364
	=	65.49 %

Micropro Software Solutions's Gross Margin for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )	=	Gross Profit (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	143.7	/	219.364
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(219.364 - 75.696)	/	219.364
	=	65.49 %

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.

Micropro Software Solutions (NSE:MICROPRO) 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

Micropro Software Solutions had a gross margin of 65.49% for the quarter that ended in Mar. 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.

Micropro Software Solutions Gross Margin % Related Terms

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Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022

Website

https://www.microproindia.com

Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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