Goodyear India (BOM:500168) Gross Margin %: 31.20% (As of Mar. 2026) — Near Median

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BOM:500168 Goodyear India Ltd BOM:500168
68 GF Score
Price ₹817.05
GF Value ₹1,001.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Goodyear India Gross Margin %?

Goodyear India BOM:500168 -0.11% 68 Gross Margin % is 31.20% as of Mar. 2026, which is 4% above its 10-year median of 30.08. GuruFocus rates BOM:500168 with a GF Score™ of 68/100 and a GF Value™ of ₹1,001.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Goodyear India ranks better than 72.53% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Goodyear India's Gross Profit for the three months ended in Mar. 2026 was ₹1,923 Mil. Goodyear India's Revenue for the three months ended in Mar. 2026 was ₹6,163 Mil. Therefore, Goodyear India's Gross Margin % for the quarter that ended in Mar. 2026 was 31.20%.

Warning Sign:

Goodyear India Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


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

BOM:500168' s Gross Margin % Range Over the Past 10 Years
Min: 24.9   Med: 30.08   Max: 36.87
Current: 29.64


During the past 13 years, the highest Gross Margin % of Goodyear India was 36.87%. The lowest was 24.90%. And the median was 30.08%.

BOM:500168's Gross Margin % is ranked better than
72.53% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.88 vs BOM:500168: 29.64

Goodyear India had a gross margin of 31.20% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Goodyear India was -2.20% per year.


Goodyear India  (BOM:500168) 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

Goodyear India had a gross margin of 31.20% 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.


Goodyear India Gross Margin % Related Terms


Goodyear India Gross Margin % Historical Data

* Premium members only.

The historical data trend for Goodyear 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.

Goodyear India Gross Margin % Chart

Goodyear India 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 28.16 24.90 26.71 26.47 29.64

Goodyear 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 27.12 27.55 28.92 31.02 31.20

BOM:500168 vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Goodyear 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.


Goodyear India Gross Margin % vs Vehicles & Parts Industry

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

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


BOM:500168
68GF Score
Goodyear India Ltd BOM:500168
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodyear India Gross Margin % Calculation

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

Goodyear India'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 )
=7338.2 / 24758.8
=(Revenue - Cost of Goods Sold) / Revenue
=(24758.8 - 17420.6) / 24758.8
=29.64 %

Goodyear 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 )
=1922.7 / 6162.8
=(Revenue - Cost of Goods Sold) / Revenue
=(6162.8 - 4240.1) / 6162.8
=31.20 %

* 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 31.20% mean?
Goodyear India (BOM:500168) has a Gross Margin % of 31.20% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Goodyear India and its competitors. This is near median its historical median of 30.08. Over the past decade, Goodyear India's Gross Margin % has ranged from 24.90 to 36.87. According to the industry distribution chart, Goodyear India ranks #359 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 27.5%.
Is Goodyear India's Gross Margin % too high?
Goodyear India's current Gross Margin % of 31.20% is near median its 10-year median of 30.08. Over the past 10 years, this metric has ranged from a low of 24.90 to a high of 36.87. The Vehicles & Parts industry median Gross Margin % is 19.88. Goodyear India's value of 31.20% is 56.9% above this industry median. Based on the distribution chart, Goodyear India ranks #359 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Goodyear India has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goodyear India's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Goodyear India ranks #359 out of 1307 companies for Gross Margin %. This puts Goodyear India in the upper half of its industry. The industry median Gross Margin % is 19.88. Goodyear India's value of 31.20% is 56.9% above this benchmark. Historically, Goodyear India's own Gross Margin % has ranged from 24.90 to 36.87 over the past decade. While the company's 10-year median is 30.08 vs. the industry median of 19.88, Goodyear 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.88, based on 1,307 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. Goodyear India's current Gross Margin % of 31.20% is 56.9% 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 Goodyear India and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodyear India's current Gross Margin % is 31.20%, which is near median its own 10-year median of 30.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodyear India stock overvalued right now?
Based on GuruFocus' analysis, Goodyear India (BOM:500168) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,001.27, compared to a current price of ₹817.05 — trading 18.4% below its estimated fair value. The current Gross Margin % is 31.20%, which is near median its 10-year median of 30.08 and 56.9% above the Vehicles & Parts industry median of 19.88. Goodyear India's overall GF Score™ is 68/100 with 5 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 Goodyear India (BOM:500168), the current Gross Margin % is 31.20% 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 Goodyear India (BOM:500168) Overvalued in 2026?

Based on GuruFocus' analysis, Goodyear India stock appears to be undervalued. The current stock price of ₹817.05 is trading 18.4% below its estimated GF Value™ of ₹1,001.27. GuruFocus considers Goodyear India to be Modestly Undervalued.

Key valuation signals for BOM:500168:

  • Gross Margin %: 31.20% (near median its 10-year median of 30.08)
  • GF Value™: ₹1,001.27 vs. price of ₹817.05 (18.4% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 56.9% above the Vehicles & Parts median (#359 of 1307)

No single metric tells the full story. See the BOM:500168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodyear India Business Description

Other Exchanges GOODYEAR:India
Address Sector-26, MG Road, 9th Floor, EMAAR Capital Tower-II, Gurgaon, HR, IND, 122002
Goodyear India Ltd is an Indian company engaged in the business of manufacturing and trading tires, tubes, and flaps. It mainly manufactures farm tyres and trades in passenger car tyres.
68GF Score

Get the complete analysis for BOM:500168

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

₹817.05
Price
₹1,001.27
GF Value