Apis India (BOM:506166) Gross Margin %: 46.10% (As of Mar. 2026) — 37% Above Median


BOM:506166 Apis India Ltd BOM:506166
68 GF Score
Price ₹60.64
GF Value ₹13.01
Valuation Significantly Overvalued
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What is Apis India Gross Margin %?

Apis India BOM:506166 +0.60% 68 Gross Margin % is 46.10% as of Mar. 2026, which is 37% above its 10-year median of 33.58. GuruFocus rates BOM:506166 with a GF Score™ of 68/100 and a GF Value™ of ₹13.01 (Significantly Overvalued). Among 1,900 Consumer Packaged Goods companies, Apis India ranks better than 68.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Apis India's Gross Profit for the three months ended in Mar. 2026 was ₹451 Mil. Apis India's Revenue for the three months ended in Mar. 2026 was ₹979 Mil. Therefore, Apis India's Gross Margin % for the quarter that ended in Mar. 2026 was 46.10%.


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

BOM:506166' s Gross Margin % Range Over the Past 10 Years
Min: 25.79   Med: 33.58   Max: 39.62
Current: 35.55


During the past 13 years, the highest Gross Margin % of Apis India was 39.62%. The lowest was 25.79%. And the median was 33.58%.

BOM:506166's Gross Margin % is ranked better than
68.89% of 1900 companies
in the Consumer Packaged Goods industry
Industry Median: 26.365 vs BOM:506166: 35.55

Apis India had a gross margin of 46.10% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Apis India was 5.90% per year.


Apis India  (BOM:506166) 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

Apis India had a gross margin of 46.10% 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.


Apis India Gross Margin % Related Terms


Apis India Gross Margin % Historical Data

* Premium members only.

The historical data trend for Apis India'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.

Apis India Gross Margin % Chart

Apis India 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 29.44 25.79 34.57 37.62 39.62

Apis India 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 38.70 32.82 34.35 29.34 46.10

BOM:506166 vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Apis India'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.


Apis India Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apis India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Apis India's Gross Margin % falls into.


BOM:506166
68GF Score
Apis India Ltd BOM:506166
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Apis India Gross Margin % Calculation

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

Apis India'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 )
=1547.1 / 3905.092
=(Revenue - Cost of Goods Sold) / Revenue
=(3905.092 - 2358.022) / 3905.092
=39.62 %

Apis India'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 )
=451.3 / 978.898
=(Revenue - Cost of Goods Sold) / Revenue
=(978.898 - 527.586) / 978.898
=46.10 %

* 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 46.10% mean?
Apis India (BOM:506166) has a Gross Margin % of 46.10% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Apis India and its competitors. This is 37% above median its historical median of 33.58. Over the past decade, Apis India's Gross Margin % has ranged from 25.79 to 39.62. According to the industry distribution chart, Apis India ranks #591 out of 1900 companies in the Consumer Packaged Goods industry, placing it in the top 31.1%.
Is Apis India's Gross Margin % too high?
Apis India's current Gross Margin % of 46.10% is 37% above median its 10-year median of 33.58. Over the past 10 years, this metric has ranged from a low of 25.79 to a high of 39.62. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Apis India's value of 46.10% is 74.9% above this industry median. Based on the distribution chart, Apis India ranks #591 out of 1900 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Apis India has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apis India's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Apis India ranks #591 out of 1900 companies for Gross Margin %. This puts Apis India in the upper half of its industry. The industry median Gross Margin % is 26.37. Apis India's value of 46.10% is 74.9% above this benchmark. Historically, Apis India's own Gross Margin % has ranged from 25.79 to 39.62 over the past decade. While the company's 10-year median is 33.58 vs. the industry median of 26.37, Apis India 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,900 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. Apis India's current Gross Margin % of 46.10% is 74.9% 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 Apis India and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apis India's current Gross Margin % is 46.10%, which is 37% above median its own 10-year median of 33.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apis India stock overvalued right now?
Based on GuruFocus' analysis, Apis India (BOM:506166) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹13.01, compared to a current price of ₹60.64 — trading 366.1% above its estimated fair value. The current Gross Margin % is 46.10%, which is 37% above median its 10-year median of 33.58 and 74.9% above the Consumer Packaged Goods industry median of 26.37. Apis India's overall GF Score™ is 68/100. 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 Apis India (BOM:506166), the current Gross Margin % is 46.10% 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 Apis India (BOM:506166) Overvalued in 2026?

Based on GuruFocus' analysis, Apis India stock appears to be overvalued. The current stock price of ₹60.64 is trading 366.1% above its estimated GF Value™ of ₹13.01. GuruFocus considers Apis India to be Significantly Overvalued.

Key valuation signals for BOM:506166:

  • Gross Margin %: 46.10% (37% above median its 10-year median of 33.58)
  • GF Value™: ₹13.01 vs. price of ₹60.64 (366.1% above fair value)
  • GF Score™: 68/100
  • Industry Position: 74.9% above the Consumer Packaged Goods median (#591 of 1900)

No single metric tells the full story. See the BOM:506166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apis India Business Description

Address 18/32, East Patel Nagar, New Delhi, IND, 110 008
Apis India Ltd is a honey manufacturing company. The company has in-house facilities for testing, lab, processing, and filtration of honey. The company's product profile consists of Dates, Green tea, Honey, Pickles and Jam, among others. The company sells its products in India and also exports them to other countries, of which key income is earned in India.
68GF Score

Get the complete analysis for BOM:506166

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

₹60.64
Price
₹13.01
GF Value