JindalwBOM:500378 +1.21%87 Gross Margin % is 43.04% as of Mar. 2026, which is 29% above its 10-year median of 33.28. GuruFocus rates BOM:500378 with a GF Score™ of 87/100 and a GF Value™ of ₹202.92 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 593 Steel companies, Jindalw ranks better than 92.41% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Jindalw's Gross Profit for the
three
months ended in Mar. 2026 was ₹19,943 Mil. Jindalw's Revenue for the
three
months ended in Mar. 2026 was ₹46,335 Mil. Therefore, Jindalw's Gross Margin % for the quarter that ended in Mar. 2026 was 43.04%.
The historical rank and industry rank for Jindalw's Gross Margin % or its related term are showing as below:
BOM:500378'
s Gross Margin % Range Over the Past 10 Years
Min: 27.77 Med: 33.28 Max: 43.82
Current: 43.82
During the past 13 years, the highestGross Margin % of Jindalw was 43.82%. The lowest was 27.77%. And the median was 33.28%.
BOM:500378's Gross Margin % is ranked better than 92.41% of 593
companies
in the Steel industry
Industry Median: 12.6
vs BOM:500378: 43.82
Jindalw had a gross margin of 43.04% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Jindalw was 2.40% per year.
Jindalw (BOM:500378) 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
Jindalw had a gross margin of 43.04% 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.
Jindalw Gross Margin % Related Terms
Jindalw Gross Margin % Historical Data
* Premium members only.
The historical data trend for Jindalw'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:500378 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Jindalw'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.
Jindalw Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Jindalw's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Jindalw'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.
Jindalw (BOM:500378) has a Gross Margin % of 43.04% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jindalw and its competitors. This is 29% above median its historical median of 33.28. Over the past decade, Jindalw's Gross Margin % has ranged from 27.77 to 43.82. According to the industry distribution chart, Jindalw ranks #45 out of 593 companies in the Steel industry, placing it in the top 7.6%.
Is Jindalw's Gross Margin % too high?
Jindalw's current Gross Margin % of 43.04% is 29% above median its 10-year median of 33.28. Over the past 10 years, this metric has ranged from a low of 27.77 to a high of 43.82. The Steel industry median Gross Margin % is 12.60. Jindalw's value of 43.04% is 241.6% above this industry median. Based on the distribution chart, Jindalw ranks #45 out of 593 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Jindalw has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jindalw's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Jindalw ranks #45 out of 593 companies for Gross Margin %. This places Jindalw in the top 8% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.60. Jindalw's value of 43.04% is 241.6% above this benchmark. Historically, Jindalw's own Gross Margin % has ranged from 27.77 to 43.82 over the past decade. While the company's 10-year median is 33.28 vs. the industry median of 12.60, Jindalw 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. Jindalw's current Gross Margin % of 43.04% is 241.6% 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 Jindalw and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindalw's current Gross Margin % is 43.04%, which is 29% above median its own 10-year median of 33.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindalw stock overvalued right now?
Based on GuruFocus' analysis, Jindalw (BOM:500378) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹202.92, compared to a current price of ₹275.90 — trading 36% above its estimated fair value. The current Gross Margin % is 43.04%, which is 29% above median its 10-year median of 33.28 and 241.6% above the Steel industry median of 12.60. Jindalw's overall GF Score™ is 87/100 with 8 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 Jindalw (BOM:500378), the current Gross Margin % is 43.04% 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 Jindalw (BOM:500378) Overvalued in 2026?
Based on GuruFocus' analysis, Jindalw stock appears to be overvalued.
The current stock price of ₹275.90 is trading 36% above its estimated GF Value™ of ₹202.92.
GuruFocus considers Jindalw to be Significantly Overvalued.
Key valuation signals for BOM:500378:
Gross Margin %: 43.04% (29% above median its 10-year median of 33.28)
GF Value™: ₹202.92 vs. price of ₹275.90 (36% above fair value)
Industry Position: 241.6% above the Steel median (#45 of 593)
No single metric tells the full story. See the BOM:500378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jindal Saw Ltd is a manufacturer and supplier of Iron & Steel pipes and pellets having manufacturing facilities in India. Its products have applications in oil and gas exploration, transportation, power generation, supply of water for drinking, drainage, irrigation purposes and other industrial applications. Its product portfolio includes Helical & Longitudinal Submerged Arc Welded Pipes, Centrifugal Casted Pipes & Fittings, Carbon Steel/ Alloy Steel (Seamless Pipes & Tubes), Stainless Steel (Seamless & Welded) Pipes & Tubes, and Pellets & Mining. The company derives revenue from the manufacturing of iron and steel pipes and pellets in India.
87GF Score
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