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Roadzen (Roadzen) Gross Margin % : 56.42% (As of Dec. 2023)


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What is Roadzen Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Roadzen's Gross Profit for the three months ended in Dec. 2023 was $8.83 Mil. Roadzen's Revenue for the three months ended in Dec. 2023 was $15.64 Mil. Therefore, Roadzen's Gross Margin % for the quarter that ended in Dec. 2023 was 56.42%.


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

RDZN' s Gross Margin % Range Over the Past 10 Years
Min: -16.74   Med: 51.89   Max: 60.73
Current: 60.73


During the past 3 years, the highest Gross Margin % of Roadzen was 60.73%. The lowest was -16.74%. And the median was 51.89%.

RDZN's Gross Margin % is ranked better than
68.91% of 2628 companies
in the Software industry
Industry Median: 41.73 vs RDZN: 60.73

Roadzen had a gross margin of 56.42% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Roadzen Gross Margin % Historical Data

The historical data trend for Roadzen'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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Roadzen Gross Margin % Chart

Roadzen Annual Data
Trend Mar21 Mar22 Mar23
Gross Margin %
-16.74 51.89 60.08

Roadzen Quarterly Data
Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial 48.16 54.39 79.84 58.90 56.42

Competitive Comparison of Roadzen's Gross Margin %

For the Software - Application subindustry, Roadzen'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.


Roadzen's Gross Margin % Distribution in the Software Industry

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

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



Roadzen Gross Margin % Calculation

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

Roadzen'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 )
=8.1 / 13.56
=(Revenue - Cost of Goods Sold) / Revenue
=(13.56 - 5.413) / 13.56
=60.08 %

Roadzen'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 )
=8.8 / 15.641
=(Revenue - Cost of Goods Sold) / Revenue
=(15.641 - 6.816) / 15.641
=56.42 %

* 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.


Roadzen  (NAS:RDZN) 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

Roadzen had a gross margin of 56.42% for the quarter that ended in Dec. 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.


Roadzen Gross Margin % Related Terms

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Roadzen (Roadzen) Business Description

Traded in Other Exchanges
N/A
Address
c/o Cogency Global Inc, 850 New Burton Road, Suite 201, Dover, DE, USA, 19904
Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. Roadzen's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.

Roadzen (Roadzen) Headlines