Garware Marine Industries (BOM:509563) Gross Margin %: 0.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:509563 Garware Marine Industries Ltd BOM:509563
62 GF Score
Price ₹21.15
GF Value ₹24.55
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Garware Marine Industries Gross Margin %?

Garware Marine Industries BOM:509563 -2.49% 62 Gross Margin % is 0.00% as of Mar. 2026. GuruFocus rates BOM:509563 with a GF Score™ of 62/100 and a GF Value™ of ₹24.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 346 Aerospace & Defense companies, Garware Marine Industries ranks worse than 289017.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Garware Marine Industries's Gross Profit for the three months ended in Mar. 2026 was ₹2.61 Mil. Garware Marine Industries's Revenue for the three months ended in Mar. 2026 was ₹2.61 Mil. Therefore, Garware Marine Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of Garware Marine Industries was 66.38%. The lowest was 66.38%. And the median was 66.38%.

BOM:509563's Gross Margin % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 26.77
* Ranked among companies with meaningful Gross Margin % only.

Garware Marine Industries had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Garware Marine Industries was 0.00% per year.


Garware Marine Industries  (BOM:509563) 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 Marine Industries had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable 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 Marine Industries Gross Margin % Related Terms


Garware Marine Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Garware Marine 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.

Garware Marine Industries Gross Margin % Chart

Garware Marine 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 0.00 0.00 0.00 0.00 0.00

Garware Marine 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 0.00 0.00 0.00 0.00 0.00

BOM:509563 vs SPCX, GE, RTX: Gross Margin % Comparison

For the Aerospace & Defense subindustry, Garware Marine 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.


Garware Marine Industries Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Garware Marine Industries's Gross Margin % distribution charts can be found below:

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


BOM:509563
62GF Score
Garware Marine Industries Ltd BOM:509563
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garware Marine Industries Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Garware Marine 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 )
=10.8 / 10.836
=(Revenue - Cost of Goods Sold) / Revenue
=(10.836 - 0) / 10.836
=N/A %

Garware Marine 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 )
=2.6 / 2.611
=(Revenue - Cost of Goods Sold) / Revenue
=(2.611 - 0) / 2.611
=N/A %

* 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 0.00% mean?
Garware Marine Industries (BOM:509563) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Garware Marine Industries and its competitors. Over the past decade, Garware Marine Industries' Gross Margin % has ranged from 66.38 to 66.38. According to the industry distribution chart, Garware Marine Industries ranks #999999 out of 346 companies in the Aerospace & Defense industry.
Is Garware Marine Industries' Gross Margin % too high?
Garware Marine Industries' current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 66.38 to a high of 66.38. Based on the distribution chart, Garware Marine Industries ranks #999999 out of 346 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Garware Marine Industries has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Marine Industries' Gross Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Garware Marine Industries ranks #999999 out of 346 companies for Gross Margin %. This places Garware Marine Industries in the lower half of its industry. The industry median Gross Margin % is 26.77. Historically, Garware Marine Industries' own Gross Margin % has ranged from 66.38 to 66.38 over the past decade. 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 Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.77, based on 346 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. 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 Marine Industries and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Marine Industries's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Marine Industries stock overvalued right now?
Based on GuruFocus' analysis, Garware Marine Industries (BOM:509563) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.55, compared to a current price of ₹21.15 — trading 13.8% below its estimated fair value. The current Gross Margin % is 0.00%. Garware Marine Industries' overall GF Score™ is 62/100 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 Garware Marine Industries (BOM:509563), the current Gross Margin % is 0.00% 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 Marine Industries (BOM:509563) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Marine Industries stock appears to be undervalued. The current stock price of ₹21.15 is trading 13.8% below its estimated GF Value™ of ₹24.55. GuruFocus considers Garware Marine Industries to be Modestly Undervalued.

Key valuation signals for BOM:509563:

  • Gross Margin %: 0.00%
  • GF Value™: ₹24.55 vs. price of ₹21.15 (13.8% below fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the BOM:509563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Marine Industries Business Description

Address D.N. Road, 03rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400 001
Garware Marine Industries Ltd is an India-based company engaged in the repair of vessels. The principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhauls, Hydraulic repairs, gearbox repair, and Pipeline and other marine fabrication jobs.
62GF Score

Get the complete analysis for BOM:509563

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

₹21.15
Price
₹24.55
GF Value