JSL Industries (BOM:504080) Gross Margin %: 35.85% (As of Mar. 2026) — Near Median


BOM:504080 JSL Industries Ltd BOM:504080
71 GF Score
Price ₹900.00
GF Value ₹1,323.83
Valuation Significantly Undervalued
! 2 Warning Signs
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What is JSL Industries Gross Margin %?

JSL Industries BOM:504080 71 Gross Margin % is 35.85% as of Mar. 2026, which is 7% below its 10-year median of 38.54. GuruFocus rates BOM:504080 with a GF Score™ of 71/100 and a GF Value™ of ₹1,323.83 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,999 Industrial Products companies, JSL Industries ranks better than 78.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. JSL Industries's Gross Profit for the three months ended in Mar. 2026 was ₹62.0 Mil. JSL Industries's Revenue for the three months ended in Mar. 2026 was ₹172.9 Mil. Therefore, JSL Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 35.85%.


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

BOM:504080' s Gross Margin % Range Over the Past 10 Years
Min: 32.45   Med: 38.54   Max: 42.26
Current: 39.78


During the past 13 years, the highest Gross Margin % of JSL Industries was 42.26%. The lowest was 32.45%. And the median was 38.54%.

BOM:504080's Gross Margin % is ranked better than
78.13% of 2999 companies
in the Industrial Products industry
Industry Median: 26.85 vs BOM:504080: 39.78

JSL Industries had a gross margin of 35.85% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for JSL Industries was 0.50% per year.


JSL Industries  (BOM:504080) 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

JSL Industries had a gross margin of 35.85% 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.


JSL Industries Gross Margin % Related Terms


JSL Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for JSL 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.

JSL Industries Gross Margin % Chart

JSL 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 34.54 42.07 41.13 42.19 38.96

JSL 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 38.85 43.54 42.24 39.02 35.85

BOM:504080 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, JSL 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.


JSL Industries Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, JSL Industries's Gross Margin % distribution charts can be found below:

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


BOM:504080
71GF Score
JSL Industries Ltd BOM:504080
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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JSL Industries Gross Margin % Calculation

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

JSL 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 )
=219.8 / 564.261
=(Revenue - Cost of Goods Sold) / Revenue
=(564.261 - 344.441) / 564.261
=38.96 %

JSL 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 )
=62 / 172.872
=(Revenue - Cost of Goods Sold) / Revenue
=(172.872 - 110.901) / 172.872
=35.85 %

* 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 35.85% mean?
JSL Industries (BOM:504080) has a Gross Margin % of 35.85% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JSL Industries and its competitors. This is near median its historical median of 38.54. Over the past decade, JSL Industries' Gross Margin % has ranged from 32.45 to 42.26. According to the industry distribution chart, JSL Industries ranks #656 out of 2999 companies in the Industrial Products industry, placing it in the top 21.9%.
Is JSL Industries' Gross Margin % too high?
JSL Industries' current Gross Margin % of 35.85% is near median its 10-year median of 38.54. Over the past 10 years, this metric has ranged from a low of 32.45 to a high of 42.26. The Industrial Products industry median Gross Margin % is 26.85. JSL Industries' value of 35.85% is 33.5% above this industry median. Based on the distribution chart, JSL Industries ranks #656 out of 2999 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, JSL Industries has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JSL Industries' Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, JSL Industries ranks #656 out of 2999 companies for Gross Margin %. This places JSL Industries in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.85. JSL Industries' value of 35.85% is 33.5% above this benchmark. Historically, JSL Industries' own Gross Margin % has ranged from 32.45 to 42.26 over the past decade. While the company's 10-year median is 38.54 vs. the industry median of 26.85, JSL Industries 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.85, based on 2,999 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. JSL Industries's current Gross Margin % of 35.85% is 33.5% 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 JSL Industries and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSL Industries's current Gross Margin % is 35.85%, which is near median its own 10-year median of 38.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSL Industries stock overvalued right now?
Based on GuruFocus' analysis, JSL Industries (BOM:504080) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,323.83, compared to a current price of ₹900.00 — trading 32% below its estimated fair value. The current Gross Margin % is 35.85%, which is near median its 10-year median of 38.54 and 33.5% above the Industrial Products industry median of 26.85. JSL Industries' overall GF Score™ is 71/100 with 2 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 JSL Industries (BOM:504080), the current Gross Margin % is 35.85% 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 JSL Industries (BOM:504080) Overvalued in 2026?

Based on GuruFocus' analysis, JSL Industries stock appears to be undervalued. The current stock price of ₹900.00 is trading 32% below its estimated GF Value™ of ₹1,323.83. GuruFocus considers JSL Industries to be Significantly Undervalued.

Key valuation signals for BOM:504080:

  • Gross Margin %: 35.85% (near median its 10-year median of 38.54)
  • GF Value™: ₹1,323.83 vs. price of ₹900.00 (32% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 33.5% above the Industrial Products median (#656 of 2999)

No single metric tells the full story. See the BOM:504080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JSL Industries Business Description

Address N.H. No. 8, Village Mogar, Anand, GJ, IND, 388340
JSL Industries Ltd is an Indian company engaged in the manufacturing of engineering goods. It manufactures HT Indoor and Outdoor Instrument Transformers, Full and Reduced Voltage Motor Starters - Air Break and Oil Immersed, LT Power and Auxiliary Contactors, Thermal Overload Relays, LT ACBs, MCCBs, Control, and Power Switches, LT Power and Motor Control Centre, LT Switchboard, LT Distribution Boxes, Mono-Block Pumps, TEFC, SPDP, and VHS Motors, etc.
71GF Score

Get the complete analysis for BOM:504080

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

₹900.00
Price
₹1,323.83
GF Value