Nidhi Granites (BOM:512103) Gross Margin %: 34.55% (As of Mar. 2026) — 162% Above Median


BOM:512103 Nidhi Granites Ltd BOM:512103
62 GF Score
Price ₹356.20
GF Value ₹225.32
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nidhi Granites Gross Margin %?

Nidhi Granites BOM:512103 +2.71% 62 Gross Margin % is 34.55% as of Mar. 2026, which is 162% above its 10-year median of 13.18. GuruFocus rates BOM:512103 with a GF Score™ of 62/100 and a GF Value™ of ₹225.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 396 Building Materials companies, Nidhi Granites ranks better than 61.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nidhi Granites's Gross Profit for the three months ended in Mar. 2026 was ₹57.6 Mil. Nidhi Granites's Revenue for the three months ended in Mar. 2026 was ₹166.6 Mil. Therefore, Nidhi Granites's Gross Margin % for the quarter that ended in Mar. 2026 was 34.55%.

Warning Sign:

Nidhi Granites Ltd gross margin has been in long-term decline. The average rate of decline per year is -15.1%.


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

BOM:512103' s Gross Margin % Range Over the Past 10 Years
Min: -71.58   Med: 13.18   Max: 99.68
Current: 30.77


During the past 13 years, the highest Gross Margin % of Nidhi Granites was 99.68%. The lowest was -71.58%. And the median was 13.18%.

BOM:512103's Gross Margin % is ranked better than
61.87% of 396 companies
in the Building Materials industry
Industry Median: 26.155 vs BOM:512103: 30.77

Nidhi Granites had a gross margin of 34.55% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nidhi Granites was -15.10% per year.


Nidhi Granites  (BOM:512103) 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

Nidhi Granites had a gross margin of 34.55% 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.


Nidhi Granites Gross Margin % Related Terms


Nidhi Granites Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nidhi Granites'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.

Nidhi Granites Gross Margin % Chart

Nidhi Granites 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 12.88 10.80 13.47 12.63 30.77

Nidhi Granites 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 9.58 27.36 28.35 33.10 34.55

BOM:512103 vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Nidhi Granites'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.


Nidhi Granites Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nidhi Granites's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nidhi Granites's Gross Margin % falls into.


BOM:512103
62GF Score
Nidhi Granites Ltd BOM:512103
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nidhi Granites Gross Margin % Calculation

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

Nidhi Granites'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 )
=200.6 / 652.044
=(Revenue - Cost of Goods Sold) / Revenue
=(652.044 - 451.42) / 652.044
=30.77 %

Nidhi Granites'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 )
=57.6 / 166.622
=(Revenue - Cost of Goods Sold) / Revenue
=(166.622 - 109.05) / 166.622
=34.55 %

* 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 34.55% mean?
Nidhi Granites (BOM:512103) has a Gross Margin % of 34.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nidhi Granites and its competitors. This is 162% above median its historical median of 13.18. According to the industry distribution chart, Nidhi Granites ranks #151 out of 396 companies in the Building Materials industry, placing it in the top 38.1%.
Is Nidhi Granites' Gross Margin % too high?
Nidhi Granites' current Gross Margin % of 34.55% is 162% above median its 10-year median of 13.18. The Building Materials industry median Gross Margin % is 26.16. Nidhi Granites' value of 34.55% is 32.1% above this industry median. Based on the distribution chart, Nidhi Granites ranks #151 out of 396 companies in the Building Materials industry, which is above the industry midpoint. Overall, Nidhi Granites has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nidhi Granites' Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nidhi Granites ranks #151 out of 396 companies for Gross Margin %. This puts Nidhi Granites in the upper half of its industry. The industry median Gross Margin % is 26.16. Nidhi Granites' value of 34.55% is 32.1% above this benchmark. While the company's 10-year median is 13.18 vs. the industry median of 26.16, Nidhi Granites 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.16, based on 396 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. Nidhi Granites's current Gross Margin % of 34.55% is 32.1% 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 Nidhi Granites and its competitors. For the Building Materials industry, the median Gross Margin % is 26.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidhi Granites's current Gross Margin % is 34.55%, which is 162% above median its own 10-year median of 13.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidhi Granites stock overvalued right now?
Based on GuruFocus' analysis, Nidhi Granites (BOM:512103) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹225.32, compared to a current price of ₹356.20 — trading 58.1% above its estimated fair value. The current Gross Margin % is 34.55%, which is 162% above median its 10-year median of 13.18 and 32.1% above the Building Materials industry median of 26.16. Nidhi Granites' overall GF Score™ is 62/100 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 Nidhi Granites (BOM:512103), the current Gross Margin % is 34.55% 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 Nidhi Granites (BOM:512103) Overvalued in 2026?

Based on GuruFocus' analysis, Nidhi Granites stock appears to be overvalued. The current stock price of ₹356.20 is trading 58.1% above its estimated GF Value™ of ₹225.32. GuruFocus considers Nidhi Granites to be Significantly Overvalued.

Key valuation signals for BOM:512103:

  • Gross Margin %: 34.55% (162% above median its 10-year median of 13.18)
  • GF Value™: ₹225.32 vs. price of ₹356.20 (58.1% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 32.1% above the Building Materials median (#151 of 396)

No single metric tells the full story. See the BOM:512103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nidhi Granites Business Description

Address 503, Madhu Industrial Park, Mogra Cross Road, Next to Apollo Chambers, Andheri East, Mumbai, MH, IND, 400069
Nidhi Granites Ltd is an India-based company engaged in the business of manufacturing and trading of granite and marble slabs, tiles, sandstone, and limestone products. investment activities. Its segments include Paper and Paperboard, Garments, and Construction materials. The company is also engaged in share trading and investment in shares and mutual funds.
62GF Score

Get the complete analysis for BOM:512103

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

₹356.20
Price
₹225.32
GF Value