Phoenix Mills (BOM:503100) Gross Margin %: 92.09% (As of Mar. 2026) — Near Median


BOM:503100 Phoenix Mills Ltd BOM:503100
94 GF Score
Price ₹2,073.15
GF Value ₹1,882.68
Valuation Fairly Valued
! 6 Warning Signs
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What is Phoenix Mills Gross Margin %?

Phoenix Mills BOM:503100 -1.64% 94 Gross Margin % is 92.09% as of Mar. 2026, which is 4% above its 10-year median of 88.46. GuruFocus rates BOM:503100 with a GF Score™ of 94/100 and a GF Value™ of ₹1,882.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,642 Real Estate companies, Phoenix Mills ranks better than 95.92% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Phoenix Mills's Gross Profit for the three months ended in Mar. 2026 was ₹11,357 Mil. Phoenix Mills's Revenue for the three months ended in Mar. 2026 was ₹12,332 Mil. Therefore, Phoenix Mills's Gross Margin % for the quarter that ended in Mar. 2026 was 92.09%.


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

BOM:503100' s Gross Margin % Range Over the Past 10 Years
Min: 82.54   Med: 88.46   Max: 94.28
Current: 93.42


During the past 13 years, the highest Gross Margin % of Phoenix Mills was 94.28%. The lowest was 82.54%. And the median was 88.46%.

BOM:503100's Gross Margin % is ranked better than
95.92% of 1642 companies
in the Real Estate industry
Industry Median: 36.975 vs BOM:503100: 93.42

Phoenix Mills had a gross margin of 92.09% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Phoenix Mills was 1.00% per year.


Phoenix Mills  (BOM:503100) 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

Phoenix Mills had a gross margin of 92.09% 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.


Phoenix Mills Gross Margin % Related Terms


Phoenix Mills Gross Margin % Historical Data

* Premium members only.

The historical data trend for Phoenix Mills'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.

Phoenix Mills Gross Margin % Chart

Phoenix Mills 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 89.17 92.46 82.54 94.28 93.42

Phoenix Mills 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 92.93 94.96 92.92 94.05 92.09

Phoenix Mills Gross Margin % Competitor Comparison

For the Real Estate - Diversified subindustry, Phoenix Mills'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.


Phoenix Mills Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Phoenix Mills's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Phoenix Mills's Gross Margin % falls into.


BOM:503100
94GF Score
Phoenix Mills Ltd BOM:503100
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Phoenix Mills Gross Margin % Calculation

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

Phoenix Mills'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 )
=41315.9 / 44228.043
=(Revenue - Cost of Goods Sold) / Revenue
=(44228.043 - 2912.145) / 44228.043
=93.42 %

Phoenix Mills'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 )
=11356.8 / 12331.985
=(Revenue - Cost of Goods Sold) / Revenue
=(12331.985 - 975.182) / 12331.985
=92.09 %

* 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 92.09% mean?
Phoenix Mills (BOM:503100) has a Gross Margin % of 92.09% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Phoenix Mills and its competitors. This is near median its historical median of 88.46. Over the past decade, Phoenix Mills' Gross Margin % has ranged from 82.54 to 94.28. According to the industry distribution chart, Phoenix Mills ranks #67 out of 1642 companies in the Real Estate industry, placing it in the top 4.1%.
Is Phoenix Mills' Gross Margin % too high?
Phoenix Mills' current Gross Margin % of 92.09% is near median its 10-year median of 88.46. Over the past 10 years, this metric has ranged from a low of 82.54 to a high of 94.28. The Real Estate industry median Gross Margin % is 36.98. Phoenix Mills' value of 92.09% is 149.1% above this industry median. Based on the distribution chart, Phoenix Mills ranks #67 out of 1642 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Mills has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Mills' Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Phoenix Mills ranks #67 out of 1642 companies for Gross Margin %. This places Phoenix Mills in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.98. Phoenix Mills' value of 92.09% is 149.1% above this benchmark. Historically, Phoenix Mills' own Gross Margin % has ranged from 82.54 to 94.28 over the past decade. While the company's 10-year median is 88.46 vs. the industry median of 36.98, Phoenix Mills 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.98, based on 1,642 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. Phoenix Mills's current Gross Margin % of 92.09% is 149.1% 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 Phoenix Mills and its competitors. For the Real Estate industry, the median Gross Margin % is 36.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Mills's current Gross Margin % is 92.09%, which is near median its own 10-year median of 88.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Mills stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Mills (BOM:503100) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,882.68, compared to a current price of ₹2,073.15 — trading 10.1% above its estimated fair value. The current Gross Margin % is 92.09%, which is near median its 10-year median of 88.46 and 149.1% above the Real Estate industry median of 36.98. Phoenix Mills' overall GF Score™ is 94/100 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 Phoenix Mills (BOM:503100), the current Gross Margin % is 92.09% 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 Phoenix Mills (BOM:503100) Overvalued in 2026?

Based on GuruFocus' analysis, Phoenix Mills stock appears to be overvalued. The current stock price of ₹2,073.15 is trading 10.1% above its estimated GF Value™ of ₹1,882.68. GuruFocus considers Phoenix Mills to be Fairly Valued.

Key valuation signals for BOM:503100:

  • Gross Margin %: 92.09% (near median its 10-year median of 88.46)
  • GF Value™: ₹1,882.68 vs. price of ₹2,073.15 (10.1% above fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 149.1% above the Real Estate median (#67 of 1642)

No single metric tells the full story. See the BOM:503100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phoenix Mills Business Description

Other Exchanges PHOENIXLTD:India
Address Off. Dr. E. Moses Road, R. R. Hosiery Building, 2nd Floor, Shree Laxmi Woollen Mills Estate, Mahalaxmi, Mumbai, MH, IND, 400 011
Phoenix Mills Ltd is a real estate development company operating in India. The group's development plan includes converting land underlying abandoned mills into modern, multi-use, integrated property. The group is involved in all aspects of development, including planning, construction, and marketing, as well as management, maintenance, and sales of the complete development. It has three segments: The Property and related services segment that derives maximum revenue, provides mall /office areas on a license basis and development of commercial/residential properties. The Hospitality segment engages in the operation of hotels and restaurants. The Residential Business segment includes sale of residential properties.
94GF Score

Get the complete analysis for BOM:503100

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

₹2,073.15
Price
₹1,882.68
GF Value