GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SecUR Credentials Ltd (NSE:SECURCRED) » Definitions » Gross Margin %

SecUR Credentials (NSE:SECURCRED) Gross Margin % : 0.00% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is SecUR Credentials Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SecUR Credentials's Gross Profit for the three months ended in Dec. 2023 was ₹70.4 Mil. SecUR Credentials's Revenue for the three months ended in Dec. 2023 was ₹70.4 Mil. Therefore, SecUR Credentials's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 11 years, the highest Gross Margin % of SecUR Credentials was 103.49%. The lowest was 99.76%. And the median was 99.79%.

NSE:SECURCRED's Gross Margin % is not ranked *
in the Business Services industry.
Industry Median: 34.37
* Ranked among companies with meaningful Gross Margin % only.

SecUR Credentials had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


SecUR Credentials Gross Margin % Historical Data

The historical data trend for SecUR Credentials'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.

SecUR Credentials Gross Margin % Chart

SecUR Credentials Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.79 99.76 99.80 - -

SecUR Credentials Quarterly Data
Mar17 Jun17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of SecUR Credentials's Gross Margin %

For the Specialty Business Services subindustry, SecUR Credentials'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.


SecUR Credentials's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SecUR Credentials's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SecUR Credentials's Gross Margin % falls into.



SecUR Credentials Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

SecUR Credentials'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 )
=500.1 / 500.133
=(Revenue - Cost of Goods Sold) / Revenue
=(500.133 - 0) / 500.133
=N/A %

SecUR Credentials's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=70.4 / 70.426
=(Revenue - Cost of Goods Sold) / Revenue
=(70.426 - 0) / 70.426
=N/A %

* 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.


SecUR Credentials  (NSE:SECURCRED) 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

SecUR Credentials had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable 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.


SecUR Credentials Gross Margin % Related Terms

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


SecUR Credentials (NSE:SECURCRED) Business Description

Traded in Other Exchanges
Address
8th Floor, A Wing, Prism Tower, Mindspace, Malad West, Mumbai, MH, IND, 400064
SecUR Credentials Ltd is an India-based company that engages in employee background verification and job seeker resume verification-SecUR number. The company does education, employment, criminal, identity, database and media, residential reference, credit checks, drug tests, and psychometric tests. It also offers employees background screening, onboarding process, exit management, and employee support services for corporates.

SecUR Credentials (NSE:SECURCRED) Headlines

No Headlines