DIC India (BOM:500089) Gross Margin %: 24.84% (As of Mar. 2026) — Near Median


BOM:500089 DIC India Ltd BOM:500089
64 GF Score
Price ₹521.00
GF Value ₹555.90
Valuation Fairly Valued
! 4 Warning Signs
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What is DIC India Gross Margin %?

DIC India BOM:500089 +0.01% 64 Gross Margin % is 24.84% as of Mar. 2026, which is 5% above its 10-year median of 23.63. GuruFocus rates BOM:500089 with a GF Score™ of 64/100 and a GF Value™ of ₹555.90 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,560 Chemicals companies, DIC India ranks better than 56.03% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. DIC India's Gross Profit for the three months ended in Mar. 2026 was ₹596 Mil. DIC India's Revenue for the three months ended in Mar. 2026 was ₹2,398 Mil. Therefore, DIC India's Gross Margin % for the quarter that ended in Mar. 2026 was 24.84%.

Warning Sign:

DIC India Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

BOM:500089' s Gross Margin % Range Over the Past 10 Years
Min: 18.92   Med: 23.63   Max: 28.74
Current: 25.79


During the past 13 years, the highest Gross Margin % of DIC India was 28.74%. The lowest was 18.92%. And the median was 23.63%.

BOM:500089's Gross Margin % is ranked better than
56.03% of 1560 companies
in the Chemicals industry
Industry Median: 23.36 vs BOM:500089: 25.79

DIC India had a gross margin of 24.84% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for DIC India was -1.80% per year.


DIC India  (BOM:500089) 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

DIC India had a gross margin of 24.84% 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.


DIC India Gross Margin % Related Terms


DIC India Gross Margin % Historical Data

* Premium members only.

The historical data trend for DIC India'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.

DIC India Gross Margin % Chart

DIC India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.02 20.10 22.27 23.24 24.31

DIC India 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 25.86 25.24 26.94 26.20 24.84

BOM:500089 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, DIC India'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.


DIC India Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, DIC India's Gross Margin % distribution charts can be found below:

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


BOM:500089
64GF Score
DIC India Ltd BOM:500089
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DIC India Gross Margin % Calculation

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

DIC India's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2159.8 / 8883.722
=(Revenue - Cost of Goods Sold) / Revenue
=(8883.722 - 6723.891) / 8883.722
=24.31 %

DIC India'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 )
=595.6 / 2397.617
=(Revenue - Cost of Goods Sold) / Revenue
=(2397.617 - 1801.989) / 2397.617
=24.84 %

* 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 24.84% mean?
DIC India (BOM:500089) has a Gross Margin % of 24.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DIC India and its competitors. This is near median its historical median of 23.63. Over the past decade, DIC India's Gross Margin % has ranged from 18.92 to 28.74. According to the industry distribution chart, DIC India ranks #686 out of 1560 companies in the Chemicals industry, placing it in the top 44%.
Is DIC India's Gross Margin % too high?
DIC India's current Gross Margin % of 24.84% is near median its 10-year median of 23.63. Over the past 10 years, this metric has ranged from a low of 18.92 to a high of 28.74. The Chemicals industry median Gross Margin % is 23.36. DIC India's value of 24.84% is 6.3% above this industry median. Based on the distribution chart, DIC India ranks #686 out of 1560 companies in the Chemicals industry, which is above the industry midpoint. Overall, DIC India has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DIC India's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, DIC India ranks #686 out of 1560 companies for Gross Margin %. This puts DIC India in the upper half of its industry. The industry median Gross Margin % is 23.36. DIC India's value of 24.84% is 6.3% above this benchmark. Historically, DIC India's own Gross Margin % has ranged from 18.92 to 28.74 over the past decade. While the company's 10-year median is 23.63 vs. the industry median of 23.36, DIC India 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.36, based on 1,560 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. DIC India's current Gross Margin % of 24.84% is 6.3% 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 DIC India and its competitors. For the Chemicals industry, the median Gross Margin % is 23.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIC India's current Gross Margin % is 24.84%, which is near median its own 10-year median of 23.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIC India stock overvalued right now?
Based on GuruFocus' analysis, DIC India (BOM:500089) is currently considered Fairly Valued. The stock's GF Value™ is ₹555.90, compared to a current price of ₹521.00 — trading 6.3% below its estimated fair value. The current Gross Margin % is 24.84%, which is near median its 10-year median of 23.63 and 6.3% above the Chemicals industry median of 23.36. DIC India's overall GF Score™ is 64/100 with 4 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 DIC India (BOM:500089), the current Gross Margin % is 24.84% 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 DIC India (BOM:500089) Overvalued in 2026?

Based on GuruFocus' analysis, DIC India stock appears to be undervalued. The current stock price of ₹521.00 is trading 6.3% below its estimated GF Value™ of ₹555.90. GuruFocus considers DIC India to be Fairly Valued.

Key valuation signals for BOM:500089:

  • Gross Margin %: 24.84% (near median its 10-year median of 23.63)
  • GF Value™: ₹555.90 vs. price of ₹521.00 (6.3% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 6.3% above the Chemicals median (#686 of 1560)

No single metric tells the full story. See the BOM:500089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DIC India Business Description

Other Exchanges DICIND:India
Address Fusion Square, 5A-5B, Sector-126, 5th Floor, District Gautam Budh Nagar, Noida, UP, IND, 201303
DIC India Ltd is an Indian company engaged in the business of manufacturing printing inks, which cover newsprint ink, offset ink, and liquid ink used in newspapers, other publications, and the packaging industries. It also provides lamination adhesives. The company's product portfolio comprises gravure printing inks, offset inks, barrier coatings, adhesives, metal deco inks, and specialty inks, among others. Geographically, the company generates the majority of its revenue from the sale of its products in its domestic market, and the rest through exports.
64GF Score

Get the complete analysis for BOM:500089

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

₹521.00
Price
₹555.90
GF Value