Garware Hi-Tech Films (BOM:500655) Gross Margin %: 55.11% (As of Mar. 2026) — 11% Above Median


BOM:500655 Garware Hi-Tech Films Ltd BOM:500655
62 GF Score
Price ₹6,971.95
GF Value ₹3,351.99
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Garware Hi-Tech Films Gross Margin %?

Garware Hi-Tech Films BOM:500655 +0.81% 62 Gross Margin % is 55.11% as of Mar. 2026, which is 11% above its 10-year median of 49.62. GuruFocus rates BOM:500655 with a GF Score™ of 62/100 and a GF Value™ of ₹3,351.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,557 Chemicals companies, Garware Hi-Tech Films ranks better than 93.83% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Garware Hi-Tech Films's Gross Profit for the three months ended in Mar. 2026 was ₹3,288 Mil. Garware Hi-Tech Films's Revenue for the three months ended in Mar. 2026 was ₹5,967 Mil. Therefore, Garware Hi-Tech Films's Gross Margin % for the quarter that ended in Mar. 2026 was 55.11%.


The historical rank and industry rank for Garware Hi-Tech Films's Gross Margin % or its related term are showing as below:

BOM:500655' s Gross Margin % Range Over the Past 10 Years
Min: 40.64   Med: 49.62   Max: 57.82
Current: 54.9


During the past 13 years, the highest Gross Margin % of Garware Hi-Tech Films was 57.82%. The lowest was 40.64%. And the median was 49.62%.

BOM:500655's Gross Margin % is ranked better than
93.83% of 1557 companies
in the Chemicals industry
Industry Median: 23.49 vs BOM:500655: 54.90

Garware Hi-Tech Films had a gross margin of 55.11% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Garware Hi-Tech Films was -0.60% per year.


Garware Hi-Tech Films  (BOM:500655) 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

Garware Hi-Tech Films had a gross margin of 55.11% 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.


Garware Hi-Tech Films Gross Margin % Related Terms


Garware Hi-Tech Films Gross Margin % Historical Data

* Premium members only.

The historical data trend for Garware Hi-Tech Films'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.

Garware Hi-Tech Films Gross Margin % Chart

Garware Hi-Tech Films 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 52.45 47.61 46.37 53.84 54.90

Garware Hi-Tech Films 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 52.07 58.33 52.58 53.80 55.11

BOM:500655 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Garware Hi-Tech Films'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.


Garware Hi-Tech Films Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Garware Hi-Tech Films's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Garware Hi-Tech Films's Gross Margin % falls into.


BOM:500655
62GF Score
Garware Hi-Tech Films Ltd BOM:500655
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Hi-Tech Films Gross Margin % Calculation

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

Garware Hi-Tech Films'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 )
=11639.1 / 21201.1
=(Revenue - Cost of Goods Sold) / Revenue
=(21201.1 - 9562) / 21201.1
=54.90 %

Garware Hi-Tech Films'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 )
=3288.4 / 5966.9
=(Revenue - Cost of Goods Sold) / Revenue
=(5966.9 - 2678.5) / 5966.9
=55.11 %

* 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 55.11% mean?
Garware Hi-Tech Films (BOM:500655) has a Gross Margin % of 55.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Garware Hi-Tech Films and its competitors. This is 11% above median its historical median of 49.62. Over the past decade, Garware Hi-Tech Films' Gross Margin % has ranged from 40.64 to 57.82. According to the industry distribution chart, Garware Hi-Tech Films ranks #96 out of 1557 companies in the Chemicals industry, placing it in the top 6.2%.
Is Garware Hi-Tech Films' Gross Margin % too high?
Garware Hi-Tech Films' current Gross Margin % of 55.11% is 11% above median its 10-year median of 49.62. Over the past 10 years, this metric has ranged from a low of 40.64 to a high of 57.82. The Chemicals industry median Gross Margin % is 23.49. Garware Hi-Tech Films' value of 55.11% is 134.6% above this industry median. Based on the distribution chart, Garware Hi-Tech Films ranks #96 out of 1557 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Garware Hi-Tech Films has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garware Hi-Tech Films' Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Garware Hi-Tech Films ranks #96 out of 1557 companies for Gross Margin %. This places Garware Hi-Tech Films in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.49. Garware Hi-Tech Films' value of 55.11% is 134.6% above this benchmark. Historically, Garware Hi-Tech Films' own Gross Margin % has ranged from 40.64 to 57.82 over the past decade. While the company's 10-year median is 49.62 vs. the industry median of 23.49, Garware Hi-Tech Films 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 23.49, based on 1,557 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. Garware Hi-Tech Films's current Gross Margin % of 55.11% is 134.6% 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 Garware Hi-Tech Films and its competitors. For the Chemicals industry, the median Gross Margin % is 23.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Hi-Tech Films's current Gross Margin % is 55.11%, which is 11% above median its own 10-year median of 49.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Hi-Tech Films stock overvalued right now?
Based on GuruFocus' analysis, Garware Hi-Tech Films (BOM:500655) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,351.99, compared to a current price of ₹6,971.95 — trading 108% above its estimated fair value. The current Gross Margin % is 55.11%, which is 11% above median its 10-year median of 49.62 and 134.6% above the Chemicals industry median of 23.49. Garware Hi-Tech Films' overall GF Score™ is 62/100 with 6 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 Garware Hi-Tech Films (BOM:500655), the current Gross Margin % is 55.11% 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 Garware Hi-Tech Films (BOM:500655) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Hi-Tech Films stock appears to be overvalued. The current stock price of ₹6,971.95 is trading 108% above its estimated GF Value™ of ₹3,351.99. GuruFocus considers Garware Hi-Tech Films to be Significantly Overvalued.

Key valuation signals for BOM:500655:

  • Gross Margin %: 55.11% (11% above median its 10-year median of 49.62)
  • GF Value™: ₹3,351.99 vs. price of ₹6,971.95 (108% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 134.6% above the Chemicals median (#96 of 1557)

No single metric tells the full story. See the BOM:500655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Hi-Tech Films Business Description

Other Exchanges GRWRHITECH:India
Address 50 - A, Swami Nityanand Marg, Garware House, Vile Parle (East), Mumbai, MH, IND, 400 057
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing & Trading of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. The company leverages its nano-dispersion and other cutting-edge technologies and other cutting-edge technologies to maintain its market. Geographically, the company derives maximum revenue from USA customers. It has one segment: Polyester films.
62GF Score

Get the complete analysis for BOM:500655

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

₹6,971.95
Price
₹3,351.99
GF Value