ELANTAS Beck India (BOM:500123) Gross Margin %: 40.31% (As of Mar. 2026) — 18% Above Median

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BOM:500123 ELANTAS Beck India Ltd BOM:500123
84 GF Score
Price ₹9,273.55
GF Value ₹11,100.45
Valuation Modestly Undervalued
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What is ELANTAS Beck India Gross Margin %?

ELANTAS Beck India BOM:500123 +0.75% 84 Gross Margin % is 40.31% as of Mar. 2026, which is 18% above its 10-year median of 34.15. GuruFocus rates BOM:500123 with a GF Score™ of 84/100 and a GF Value™ of ₹11,100.45 (Modestly Undervalued). Among 1,559 Chemicals companies, ELANTAS Beck India ranks better than 80.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. ELANTAS Beck India's Gross Profit for the three months ended in Mar. 2026 was ₹896 Mil. ELANTAS Beck India's Revenue for the three months ended in Mar. 2026 was ₹2,222 Mil. Therefore, ELANTAS Beck India's Gross Margin % for the quarter that ended in Mar. 2026 was 40.31%.


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

BOM:500123' s Gross Margin % Range Over the Past 10 Years
Min: 29.84   Med: 34.15   Max: 39.07
Current: 39.07


During the past 13 years, the highest Gross Margin % of ELANTAS Beck India was 39.07%. The lowest was 29.84%. And the median was 34.15%.

BOM:500123's Gross Margin % is ranked better than
80.63% of 1559 companies
in the Chemicals industry
Industry Median: 23.52 vs BOM:500123: 39.07

ELANTAS Beck India had a gross margin of 40.31% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ELANTAS Beck India was 0.80% per year.


ELANTAS Beck India  (BOM:500123) 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

ELANTAS Beck India had a gross margin of 40.31% for the quarter that ended in Mar. 2026 => 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.


ELANTAS Beck India Gross Margin % Related Terms


ELANTAS Beck India Gross Margin % Historical Data

* Premium members only.

The historical data trend for ELANTAS Beck 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.

ELANTAS Beck India Gross Margin % Chart

ELANTAS Beck 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 29.84 30.09 34.65 33.64 34.93

ELANTAS Beck 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 36.52 36.78 38.86 40.23 40.31

BOM:500123 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, ELANTAS Beck 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.


ELANTAS Beck India Gross Margin % vs Chemicals Industry

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

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


BOM:500123
84GF Score
ELANTAS Beck India Ltd BOM:500123
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ELANTAS Beck India Gross Margin % Calculation

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

ELANTAS Beck 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 )
=2949.3 / 8442.176
=(Revenue - Cost of Goods Sold) / Revenue
=(8442.176 - 5492.924) / 8442.176
=34.93 %

ELANTAS Beck 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 )
=895.6 / 2221.693
=(Revenue - Cost of Goods Sold) / Revenue
=(2221.693 - 1326.06) / 2221.693
=40.31 %

* 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 40.31% mean?
ELANTAS Beck India (BOM:500123) has a Gross Margin % of 40.31% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ELANTAS Beck India and its competitors. This is 18% above median its historical median of 34.15. Over the past decade, ELANTAS Beck India's Gross Margin % has ranged from 29.84 to 39.07. According to the industry distribution chart, ELANTAS Beck India ranks #302 out of 1559 companies in the Chemicals industry, placing it in the top 19.4%.
Is ELANTAS Beck India's Gross Margin % too high?
ELANTAS Beck India's current Gross Margin % of 40.31% is 18% above median its 10-year median of 34.15. Over the past 10 years, this metric has ranged from a low of 29.84 to a high of 39.07. The Chemicals industry median Gross Margin % is 23.52. ELANTAS Beck India's value of 40.31% is 71.4% above this industry median. Based on the distribution chart, ELANTAS Beck India ranks #302 out of 1559 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, ELANTAS Beck India has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELANTAS Beck India's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, ELANTAS Beck India ranks #302 out of 1559 companies for Gross Margin %. This places ELANTAS Beck India in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.52. ELANTAS Beck India's value of 40.31% is 71.4% above this benchmark. Historically, ELANTAS Beck India's own Gross Margin % has ranged from 29.84 to 39.07 over the past decade. While the company's 10-year median is 34.15 vs. the industry median of 23.52, ELANTAS Beck 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 23.52, based on 1,559 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. ELANTAS Beck India's current Gross Margin % of 40.31% is 71.4% 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 ELANTAS Beck India and its competitors. For the Chemicals industry, the median Gross Margin % is 23.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELANTAS Beck India's current Gross Margin % is 40.31%, which is 18% above median its own 10-year median of 34.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELANTAS Beck India stock overvalued right now?
Based on GuruFocus' analysis, ELANTAS Beck India (BOM:500123) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹11,100.45, compared to a current price of ₹9,273.55 — trading 16.5% below its estimated fair value. The current Gross Margin % is 40.31%, which is 18% above median its 10-year median of 34.15 and 71.4% above the Chemicals industry median of 23.52. ELANTAS Beck India's overall GF Score™ is 84/100. 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 ELANTAS Beck India (BOM:500123), the current Gross Margin % is 40.31% 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 ELANTAS Beck India (BOM:500123) Overvalued in 2026?

Based on GuruFocus' analysis, ELANTAS Beck India stock appears to be undervalued. The current stock price of ₹9,273.55 is trading 16.5% below its estimated GF Value™ of ₹11,100.45. GuruFocus considers ELANTAS Beck India to be Modestly Undervalued.

Key valuation signals for BOM:500123:

  • Gross Margin %: 40.31% (18% above median its 10-year median of 34.15)
  • GF Value™: ₹11,100.45 vs. price of ₹9,273.55 (16.5% below fair value)
  • GF Score™: 84/100
  • Industry Position: 71.4% above the Chemicals median (#302 of 1559)

No single metric tells the full story. See the BOM:500123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ELANTAS Beck India Business Description

Other Exchanges ELANTAS:India
Address 147, Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
ELANTAS Beck India Ltd manufactures a wide range of specialty chemicals for electrical insulation and construction industries, which includes Primary Insulation, Secondary Insulation and Electronic & Engineering Materials. It offers a broad portfolio of wire enamels, impregnating resins and varnishes, casting & potting materials, flexible electrical insulation materials, conformal coatings as well as adhesives & sealants fulfilling the requirements of technical and environmental standards. Its segments include Electrical Insulations, which comprises three product groups: wire enamels, insulating varnishes & resins, and casting & potting compounds.; Engineering & Electronic Resins solutions, and Materials comprises of complete solutions for printed circuit boards (PCBs).
84GF Score

Get the complete analysis for BOM:500123

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

₹9,273.55
Price
₹11,100.45
GF Value