Saraswati Commercial (India) (BOM:512020) Gross Margin %: 66.38% (As of Mar. 2026) — 93% Above Median

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:512020 Saraswati Commercial (India) Ltd BOM:512020
67 GF Score
Price ₹12,210.35
GF Value ₹2,071.64
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Saraswati Commercial (India) Gross Margin %?

Saraswati Commercial (India) BOM:512020 -2.97% 67 Gross Margin % is 66.38% as of Mar. 2026, which is 93% above its 10-year median of 34.39. GuruFocus rates BOM:512020 with a GF Score™ of 67/100 and a GF Value™ of ₹2,071.64 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 554 Asset Management companies, Saraswati Commercial (India) ranks better than 65.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Saraswati Commercial (India)'s Gross Profit for the three months ended in Mar. 2026 was ₹16.5 Mil. Saraswati Commercial (India)'s Revenue for the three months ended in Mar. 2026 was ₹24.8 Mil. Therefore, Saraswati Commercial (India)'s Gross Margin % for the quarter that ended in Mar. 2026 was 66.38%.


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

BOM:512020' s Gross Margin % Range Over the Past 10 Years
Min: -206.44   Med: 34.39   Max: 97.85
Current: 74.51


During the past 13 years, the highest Gross Margin % of Saraswati Commercial (India) was 97.85%. The lowest was -206.44%. And the median was 34.39%.

BOM:512020's Gross Margin % is ranked better than
65.52% of 554 companies
in the Asset Management industry
Industry Median: 56.205 vs BOM:512020: 74.51

Saraswati Commercial (India) had a gross margin of 66.38% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Saraswati Commercial (India) was 0.00% per year.


Saraswati Commercial (India)  (BOM:512020) 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

Saraswati Commercial (India) had a gross margin of 66.38% 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.


Saraswati Commercial (India) Gross Margin % Related Terms


Saraswati Commercial (India) Gross Margin % Historical Data

* Premium members only.

The historical data trend for Saraswati Commercial (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.

Saraswati Commercial (India) Gross Margin % Chart

Saraswati Commercial (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 97.85 96.13 97.04 50.41 74.51

Saraswati Commercial (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 -136.57 46.82 88.72 55.79 66.38

BOM:512020 vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, Saraswati Commercial (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.


Saraswati Commercial (India) Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Saraswati Commercial (India)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Saraswati Commercial (India)'s Gross Margin % falls into.


BOM:512020
67GF Score
Saraswati Commercial (India) Ltd BOM:512020
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saraswati Commercial (India) Gross Margin % Calculation

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

Saraswati Commercial (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 )
=85.6 / 114.899
=(Revenue - Cost of Goods Sold) / Revenue
=(114.899 - 29.291) / 114.899
=74.51 %

Saraswati Commercial (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 )
=16.5 / 24.819
=(Revenue - Cost of Goods Sold) / Revenue
=(24.819 - 8.343) / 24.819
=66.38 %

* 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 66.38% mean?
Saraswati Commercial (India) (BOM:512020) has a Gross Margin % of 66.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Saraswati Commercial (India) and its competitors. This is 93% above median its historical median of 34.39. According to the industry distribution chart, Saraswati Commercial (India) ranks #191 out of 554 companies in the Asset Management industry, placing it in the top 34.5%.
Is Saraswati Commercial (India)'s Gross Margin % too high?
Saraswati Commercial (India)'s current Gross Margin % of 66.38% is 93% above median its 10-year median of 34.39. The Asset Management industry median Gross Margin % is 56.21. Saraswati Commercial (India)'s value of 66.38% is 18.1% above this industry median. Based on the distribution chart, Saraswati Commercial (India) ranks #191 out of 554 companies in the Asset Management industry, which is above the industry midpoint. Overall, Saraswati Commercial (India) has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saraswati Commercial (India)'s Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Saraswati Commercial (India) ranks #191 out of 554 companies for Gross Margin %. This puts Saraswati Commercial (India) in the upper half of its industry. The industry median Gross Margin % is 56.21. Saraswati Commercial (India)'s value of 66.38% is 18.1% above this benchmark. While the company's 10-year median is 34.39 vs. the industry median of 56.21, Saraswati Commercial (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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.21, based on 554 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. Saraswati Commercial (India)'s current Gross Margin % of 66.38% is 18.1% 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 Saraswati Commercial (India) and its competitors. For the Asset Management industry, the median Gross Margin % is 56.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saraswati Commercial (India)'s current Gross Margin % is 66.38%, which is 93% above median its own 10-year median of 34.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saraswati Commercial (India) stock overvalued right now?
Based on GuruFocus' analysis, Saraswati Commercial (India) (BOM:512020) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,071.64, compared to a current price of ₹12,210.35 — trading 489.4% above its estimated fair value. The current Gross Margin % is 66.38%, which is 93% above median its 10-year median of 34.39 and 18.1% above the Asset Management industry median of 56.21. Saraswati Commercial (India)'s overall GF Score™ is 67/100 with 4 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 Saraswati Commercial (India) (BOM:512020), the current Gross Margin % is 66.38% 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 Saraswati Commercial (India) (BOM:512020) Overvalued in 2026?

Based on GuruFocus' analysis, Saraswati Commercial (India) stock appears to be overvalued. The current stock price of ₹12,210.35 is trading 489.4% above its estimated GF Value™ of ₹2,071.64. GuruFocus considers Saraswati Commercial (India) to be Significantly Overvalued.

Key valuation signals for BOM:512020:

  • Gross Margin %: 66.38% (93% above median its 10-year median of 34.39)
  • GF Value™: ₹2,071.64 vs. price of ₹12,210.35 (489.4% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 18.1% above the Asset Management median (#191 of 554)

No single metric tells the full story. See the BOM:512020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saraswati Commercial (India) Business Description

Address 209-210, Arcadia Building, 2nd Floor, Plot No. 195, Nariman Point, Mumbai, MH, IND, 400021
Saraswati Commercial (India) Ltd is an India-based non-banking financial company. it is engaged in the business of investments and trading in shares and securities and lending activities.
67GF Score

Get the complete analysis for BOM:512020

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

₹12,210.35
Price
₹2,071.64
GF Value