GSB Finance (BOM:511543) Gross Margin %: 113.46% (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:511543 GSB Finance Ltd BOM:511543
66 GF Score
Price ₹46.33
GF Value ₹34.15
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is GSB Finance Gross Margin %?

GSB Finance BOM:511543 -1.68% 66 Gross Margin % is 113.46% as of Mar. 2026. GuruFocus rates BOM:511543 with a GF Score™ of 66/100 and a GF Value™ of ₹34.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 618 Capital Markets companies, GSB Finance ranks better than 72.49% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. GSB Finance's Gross Profit for the three months ended in Mar. 2026 was ₹3.20 Mil. GSB Finance's Revenue for the three months ended in Mar. 2026 was ₹2.82 Mil. Therefore, GSB Finance's Gross Margin % for the quarter that ended in Mar. 2026 was 113.46%.


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

BOM:511543' s Gross Margin % Range Over the Past 10 Years
Min: -253.12   Med: -0.59   Max: 71.18
Current: 71.18


During the past 13 years, the highest Gross Margin % of GSB Finance was 71.18%. The lowest was -253.12%. And the median was -0.59%.

BOM:511543's Gross Margin % is ranked better than
72.49% of 618 companies
in the Capital Markets industry
Industry Median: 49.87 vs BOM:511543: 71.18

GSB Finance had a gross margin of 113.46% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for GSB Finance was 0.00% per year.


GSB Finance  (BOM:511543) 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

GSB Finance had a gross margin of 113.46% 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.


GSB Finance Gross Margin % Related Terms


GSB Finance Gross Margin % Historical Data

* Premium members only.

The historical data trend for GSB Finance'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.

GSB Finance Gross Margin % Chart

GSB Finance 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 -23.28 -23.45 45.16 55.30 71.18

GSB Finance 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 22.52 70.20 35.93 69.59 113.46

BOM:511543 vs MS, GS, SCHW: Gross Margin % Comparison

For the Capital Markets subindustry, GSB Finance'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.


GSB Finance Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GSB Finance's Gross Margin % distribution charts can be found below:

* The bar in red indicates where GSB Finance's Gross Margin % falls into.


BOM:511543
66GF Score
GSB Finance Ltd BOM:511543
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSB Finance Gross Margin % Calculation

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

GSB Finance'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 )
=8.7 / 12.175
=(Revenue - Cost of Goods Sold) / Revenue
=(12.175 - 3.509) / 12.175
=71.18 %

GSB Finance'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 )
=3.2 / 2.824
=(Revenue - Cost of Goods Sold) / Revenue
=(2.824 - -0.38) / 2.824
=113.46 %

* 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 113.46% mean?
GSB Finance (BOM:511543) has a Gross Margin % of 113.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on GSB Finance and its competitors. According to the industry distribution chart, GSB Finance ranks #170 out of 618 companies in the Capital Markets industry, placing it in the top 27.5%.
Is GSB Finance's Gross Margin % too high?
GSB Finance's current Gross Margin % is 113.46%. The Capital Markets industry median Gross Margin % is 49.87. GSB Finance's value of 113.46% is 127.5% above this industry median. Based on the distribution chart, GSB Finance ranks #170 out of 618 companies in the Capital Markets industry, which is above the industry midpoint. Overall, GSB Finance has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GSB Finance's Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, GSB Finance ranks #170 out of 618 companies for Gross Margin %. This puts GSB Finance in the upper half of its industry. The industry median Gross Margin % is 49.87. GSB Finance's value of 113.46% is 127.5% above this benchmark. 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.87, based on 618 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. GSB Finance's current Gross Margin % of 113.46% is 127.5% 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 GSB Finance and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSB Finance's current Gross Margin % is 113.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSB Finance stock overvalued right now?
Based on GuruFocus' analysis, GSB Finance (BOM:511543) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹34.15, compared to a current price of ₹46.33 — trading 35.7% above its estimated fair value. The current Gross Margin % is 113.46% and 127.5% above the Capital Markets industry median of 49.87. GSB Finance's overall GF Score™ is 66/100 with 5 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 GSB Finance (BOM:511543), the current Gross Margin % is 113.46% 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 GSB Finance (BOM:511543) Overvalued in 2026?

Based on GuruFocus' analysis, GSB Finance stock appears to be overvalued. The current stock price of ₹46.33 is trading 35.7% above its estimated GF Value™ of ₹34.15. GuruFocus considers GSB Finance to be Significantly Overvalued.

Key valuation signals for BOM:511543:

  • Gross Margin %: 113.46%
  • GF Value™: ₹34.15 vs. price of ₹46.33 (35.7% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 127.5% above the Capital Markets median (#170 of 618)

No single metric tells the full story. See the BOM:511543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GSB Finance Business Description

Address Tamarind Lane, 78/80 Ali Chamber Fort, Mumbai, MH, IND, 400001
GSB Finance Ltd operates its business in a segment namely Trading and Investment in Shares and Securities. The company receives maximum revenue in the form of the sale of shares.
66GF Score

Get the complete analysis for BOM:511543

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

₹46.33
Price
₹34.15
GF Value