Exide Industries (BOM:500086) Gross Margin %: 31.61% (As of Mar. 2026) — Near Median


BOM:500086 Exide Industries Ltd BOM:500086
85 GF Score
Price ₹416.60
GF Value ₹390.62
Valuation Fairly Valued
! 8 Warning Signs
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What is Exide Industries Gross Margin %?

Exide Industries BOM:500086 -0.63% 85 Gross Margin % is 31.61% as of Mar. 2026, which is 3% below its 10-year median of 32.56. GuruFocus rates BOM:500086 with a GF Score™ of 85/100 and a GF Value™ of ₹390.62 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,310 Vehicles & Parts companies, Exide Industries ranks better than 76.56% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Exide Industries's Gross Profit for the three months ended in Mar. 2026 was ₹14,967 Mil. Exide Industries's Revenue for the three months ended in Mar. 2026 was ₹47,351 Mil. Therefore, Exide Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 31.61%.

Warning Sign:

Exide Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

BOM:500086' s Gross Margin % Range Over the Past 10 Years
Min: 29.75   Med: 32.56   Max: 51.68
Current: 32.25


During the past 13 years, the highest Gross Margin % of Exide Industries was 51.68%. The lowest was 29.75%. And the median was 32.56%.

BOM:500086's Gross Margin % is ranked better than
76.56% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 19.835 vs BOM:500086: 32.25

Exide Industries had a gross margin of 31.61% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Exide Industries was -1.20% per year.


Exide Industries  (BOM:500086) 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

Exide Industries had a gross margin of 31.61% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Exide Industries Gross Margin % Related Terms


Exide Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Exide Industries'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.

Exide Industries Gross Margin % Chart

Exide Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.63 29.75 30.55 31.14 30.73

Exide Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 32.27 32.47 31.84 33.14 31.61

BOM:500086 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Exide Industries'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.


Exide Industries Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Exide Industries's Gross Margin % distribution charts can be found below:

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


BOM:500086
85GF Score
Exide Industries Ltd BOM:500086
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Exide Industries Gross Margin % Calculation

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

Exide Industries's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=55024.9 / 179079.9
=(Revenue - Cost of Goods Sold) / Revenue
=(179079.9 - 124055) / 179079.9
=30.73 %

Exide Industries's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=14966.7 / 47351.3
=(Revenue - Cost of Goods Sold) / Revenue
=(47351.3 - 32384.6) / 47351.3
=31.61 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 31.61% mean?
Exide Industries (BOM:500086) has a Gross Margin % of 31.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Exide Industries and its competitors. This is near median its historical median of 32.56. Over the past decade, Exide Industries' Gross Margin % has ranged from 29.75 to 51.68. According to the industry distribution chart, Exide Industries ranks #307 out of 1310 companies in the Vehicles & Parts industry, placing it in the top 23.4%.
Is Exide Industries' Gross Margin % too high?
Exide Industries' current Gross Margin % of 31.61% is near median its 10-year median of 32.56. Over the past 10 years, this metric has ranged from a low of 29.75 to a high of 51.68. The Vehicles & Parts industry median Gross Margin % is 19.84. Exide Industries' value of 31.61% is 59.4% above this industry median. Based on the distribution chart, Exide Industries ranks #307 out of 1310 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Exide Industries has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Exide Industries' Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Exide Industries ranks #307 out of 1310 companies for Gross Margin %. This places Exide Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.84. Exide Industries' value of 31.61% is 59.4% above this benchmark. Historically, Exide Industries' own Gross Margin % has ranged from 29.75 to 51.68 over the past decade. While the company's 10-year median is 32.56 vs. the industry median of 19.84, Exide Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,310 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Exide Industries's current Gross Margin % of 31.61% is 59.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Exide Industries and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exide Industries's current Gross Margin % is 31.61%, which is near median its own 10-year median of 32.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exide Industries stock overvalued right now?
Based on GuruFocus' analysis, Exide Industries (BOM:500086) is currently considered Fairly Valued. The stock's GF Value™ is ₹390.62, compared to a current price of ₹416.60 — trading 6.7% above its estimated fair value. The current Gross Margin % is 31.61%, which is near median its 10-year median of 32.56 and 59.4% above the Vehicles & Parts industry median of 19.84. Exide Industries' overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Exide Industries (BOM:500086), the current Gross Margin % is 31.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Exide Industries (BOM:500086) Overvalued in 2026?

Based on GuruFocus' analysis, Exide Industries stock appears to be overvalued. The current stock price of ₹416.60 is trading 6.7% above its estimated GF Value™ of ₹390.62. GuruFocus considers Exide Industries to be Fairly Valued.

Key valuation signals for BOM:500086:

  • Gross Margin %: 31.61% (near median its 10-year median of 32.56)
  • GF Value™: ₹390.62 vs. price of ₹416.60 (6.7% above fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 59.4% above the Vehicles & Parts median (#307 of 1310)

No single metric tells the full story. See the BOM:500086 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Exide Industries Business Description

Other Exchanges EXIDEIND:India
Address 59E, Chowringhee Road, Exide House, Kolkata, WB, IND, 700 020
Exide Industries Ltd is mainly engaged in the manufacturing of Storage Batteries and allied products in India. The company's products are Four Wheeler Batteries, Three Wheeler Batteries, Two Wheeler Batteries, E-Rickshaw Batteries, INVERTER SYSTEMS, Inverter Batteries, Institutional UPS Batteries, GENSET BATTERIES, Exide's Solar Portfolio, INFRASTRUCTURE BATTERIES, Battery Energy Storage Solution, SUBMARINE BATTERIES, etc. The Company has identified two operating segments viz, Automotive and Industrial. The two operating segments have been aggregated as single operating segment of storage batteries and allied products. The The Company mainly operates in India and also generates majority of revenue from India followed by Overseas.
85GF Score

Get the complete analysis for BOM:500086

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹416.60
Price
₹390.62
GF Value