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Kajaria CeramicsBOM:500233 +0.20%90 Gross Margin % is 54.20% as of Mar. 2026, which is 6% below its 10-year median of 57.37. GuruFocus rates BOM:500233 with a GF Score™ of 90/100 and a GF Value™ of ₹1,326.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,723 Construction companies, Kajaria Ceramics ranks better than 92.16% on this metric.
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
Kajaria Ceramics had a gross margin of 54.20% 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.
Kajaria Ceramics Gross Margin % Related Terms
Kajaria Ceramics Gross Margin % Historical Data
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The historical data trend for Kajaria Ceramics'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.
BOM:500233 vs TT, JCI, CARR: Gross Margin % Comparison
For the Building Products & Equipment subindustry, Kajaria Ceramics'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.
Kajaria Ceramics Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Kajaria Ceramics's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kajaria Ceramics's Gross Margin % falls into.
* 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.
Kajaria Ceramics (BOM:500233) has a Gross Margin % of 54.20% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kajaria Ceramics and its competitors. This is near median its historical median of 57.37. Over the past decade, Kajaria Ceramics' Gross Margin % has ranged from 52.45 to 60.41. According to the industry distribution chart, Kajaria Ceramics ranks #135 out of 1723 companies in the Construction industry, placing it in the top 7.8%.
Is Kajaria Ceramics' Gross Margin % too high?
Kajaria Ceramics' current Gross Margin % of 54.20% is near median its 10-year median of 57.37. Over the past 10 years, this metric has ranged from a low of 52.45 to a high of 60.41. The Construction industry median Gross Margin % is 20.77. Kajaria Ceramics' value of 54.20% is 161% above this industry median. Based on the distribution chart, Kajaria Ceramics ranks #135 out of 1723 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kajaria Ceramics has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kajaria Ceramics' Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, Kajaria Ceramics ranks #135 out of 1723 companies for Gross Margin %. This places Kajaria Ceramics in the top 8% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.77. Kajaria Ceramics' value of 54.20% is 161% above this benchmark. Historically, Kajaria Ceramics' own Gross Margin % has ranged from 52.45 to 60.41 over the past decade. While the company's 10-year median is 57.37 vs. the industry median of 20.77, Kajaria Ceramics 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 Construction company?
The median Gross Margin % among Construction companies is 20.77, based on 1,723 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. Kajaria Ceramics's current Gross Margin % of 54.20% is 161% 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 Kajaria Ceramics and its competitors. For the Construction industry, the median Gross Margin % is 20.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kajaria Ceramics's current Gross Margin % is 54.20%, which is near median its own 10-year median of 57.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kajaria Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Kajaria Ceramics (BOM:500233) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,326.70, compared to a current price of ₹1,212.65 — trading 8.6% below its estimated fair value. The current Gross Margin % is 54.20%, which is near median its 10-year median of 57.37 and 161% above the Construction industry median of 20.77. Kajaria Ceramics' overall GF Score™ is 90/100 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 Kajaria Ceramics (BOM:500233), the current Gross Margin % is 54.20% 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 Kajaria Ceramics (BOM:500233) Overvalued in 2026?
Based on GuruFocus' analysis, Kajaria Ceramics stock appears to be undervalued.
The current stock price of ₹1,212.65 is trading 8.6% below its estimated GF Value™ of ₹1,326.70.
GuruFocus considers Kajaria Ceramics to be Fairly Valued.
Key valuation signals for BOM:500233:
Gross Margin %: 54.20% (near median its 10-year median of 57.37)
GF Value™: ₹1,326.70 vs. price of ₹1,212.65 (8.6% below fair value)
Industry Position: 161% above the Construction median (#135 of 1723)
No single metric tells the full story. See the BOM:500233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kajaria Ceramics Ltd is a manufacturer of indoor floor and wall tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products, including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.
90GF Score
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