GTN Industries (BOM:500170) Gross Margin %: 23.40% (As of Mar. 2026) — Near Median


BOM:500170 GTN Industries Ltd BOM:500170
58 GF Score
Price ₹21.94
GF Value ₹29.70
Valuation Modestly Undervalued
! 3 Warning Signs
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What is GTN Industries Gross Margin %?

GTN Industries BOM:500170 -0.27% 58 Gross Margin % is 23.40% as of Mar. 2026, which is 9% below its 10-year median of 25.65. GuruFocus rates BOM:500170 with a GF Score™ of 58/100 and a GF Value™ of ₹29.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,020 Manufacturing - Apparel & Accessories companies, GTN Industries ranks better than 51.27% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. GTN Industries's Gross Profit for the three months ended in Mar. 2026 was ₹89 Mil. GTN Industries's Revenue for the three months ended in Mar. 2026 was ₹379 Mil. Therefore, GTN Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 23.40%.


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

BOM:500170' s Gross Margin % Range Over the Past 10 Years
Min: 12.8   Med: 25.65   Max: 32.65
Current: 29.13


During the past 13 years, the highest Gross Margin % of GTN Industries was 32.65%. The lowest was 12.80%. And the median was 25.65%.

BOM:500170's Gross Margin % is ranked better than
51.27% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.51 vs BOM:500170: 29.13

GTN Industries had a gross margin of 23.40% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for GTN Industries was -0.10% per year.


GTN Industries  (BOM:500170) 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

GTN Industries had a gross margin of 23.40% 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.


GTN Industries Gross Margin % Related Terms


GTN Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for GTN 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.

GTN Industries Gross Margin % Chart

GTN 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 32.65 18.82 12.80 30.26 29.13

GTN 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 32.11 30.79 31.35 30.56 23.40

GTN Industries Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, GTN 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.


GTN Industries Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GTN Industries's Gross Margin % distribution charts can be found below:

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


BOM:500170
58GF Score
GTN Industries Ltd BOM:500170
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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GTN Industries Gross Margin % Calculation

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

GTN 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 )
=467.7 / 1605.6
=(Revenue - Cost of Goods Sold) / Revenue
=(1605.6 - 1137.9) / 1605.6
=29.13 %

GTN 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 )
=88.7 / 379.1
=(Revenue - Cost of Goods Sold) / Revenue
=(379.1 - 290.4) / 379.1
=23.40 %

* 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 23.40% mean?
GTN Industries (BOM:500170) has a Gross Margin % of 23.40% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on GTN Industries and its competitors. This is near median its historical median of 25.65. Over the past decade, GTN Industries' Gross Margin % has ranged from 12.80 to 32.65. According to the industry distribution chart, GTN Industries ranks #497 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.7%.
Is GTN Industries' Gross Margin % too high?
GTN Industries' current Gross Margin % of 23.40% is near median its 10-year median of 25.65. Over the past 10 years, this metric has ranged from a low of 12.80 to a high of 32.65. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.51. GTN Industries' value of 23.40% is 17.9% below this industry median. Based on the distribution chart, GTN Industries ranks #497 out of 1020 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, GTN Industries has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GTN Industries' Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, GTN Industries ranks #497 out of 1020 companies for Gross Margin %. This puts GTN Industries in the upper half of its industry. The industry median Gross Margin % is 28.51. GTN Industries' value of 23.40% is 17.9% below this benchmark. Historically, GTN Industries' own Gross Margin % has ranged from 12.80 to 32.65 over the past decade. While the company's 10-year median is 25.65 vs. the industry median of 28.51, GTN Industries has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.51, based on 1,020 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. GTN Industries's current Gross Margin % of 23.40% is 17.9% below 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 GTN Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTN Industries's current Gross Margin % is 23.40%, which is near median its own 10-year median of 25.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTN Industries stock overvalued right now?
Based on GuruFocus' analysis, GTN Industries (BOM:500170) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹29.70, compared to a current price of ₹21.94 — trading 26.1% below its estimated fair value. The current Gross Margin % is 23.40%, which is near median its 10-year median of 25.65 and 17.9% below the Manufacturing - Apparel & Accessories industry median of 28.51. GTN Industries' overall GF Score™ is 58/100 with 3 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 GTN Industries (BOM:500170), the current Gross Margin % is 23.40% 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 GTN Industries (BOM:500170) Overvalued in 2026?

Based on GuruFocus' analysis, GTN Industries stock appears to be undervalued. The current stock price of ₹21.94 is trading 26.1% below its estimated GF Value™ of ₹29.70. GuruFocus considers GTN Industries to be Modestly Undervalued.

Key valuation signals for BOM:500170:

  • Gross Margin %: 23.40% (near median its 10-year median of 25.65)
  • GF Value™: ₹29.70 vs. price of ₹21.94 (26.1% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 17.9% below the Manufacturing - Apparel & Accessories median (#497 of 1020)

No single metric tells the full story. See the BOM:500170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GTN Industries Business Description

Address Plot No.29, Nagarjuna Hills, Punjagutta, Hyderabad, TG, IND, 500082
GTN Industries Ltd is engaged in the business of manufacturing and export of cotton yarn. Principally, it is also involved in the spinning and doubling of yarn. The textile division offers a range of grey yarns, knitted fabrics, knitted socks, and knitted lifestyle garments. The company's production facilities are located in the state of Telangana and Maharashtra, India.
58GF Score

Get the complete analysis for BOM:500170

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

₹21.94
Price
₹29.70
GF Value