Jai (BOM:512237) Gross Margin %: 36.88% (As of Mar. 2026) — 38% Above Median

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BOM:512237 Jai Corp Ltd BOM:512237
73 GF Score
Price ₹111.75
GF Value ₹158.44
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Jai Gross Margin %?

Jai BOM:512237 +0.45% 73 Gross Margin % is 36.88% as of Mar. 2026, which is 38% above its 10-year median of 26.64. GuruFocus rates BOM:512237 with a GF Score™ of 73/100 and a GF Value™ of ₹158.44 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,557 Chemicals companies, Jai ranks better than 70.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Jai's Gross Profit for the three months ended in Mar. 2026 was ₹445 Mil. Jai's Revenue for the three months ended in Mar. 2026 was ₹1,206 Mil. Therefore, Jai's Gross Margin % for the quarter that ended in Mar. 2026 was 36.88%.


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

BOM:512237' s Gross Margin % Range Over the Past 10 Years
Min: 20.16   Med: 26.64   Max: 32.08
Current: 32.07


During the past 13 years, the highest Gross Margin % of Jai was 32.08%. The lowest was 20.16%. And the median was 26.64%.

BOM:512237's Gross Margin % is ranked better than
70.2% of 1557 companies
in the Chemicals industry
Industry Median: 23.49 vs BOM:512237: 32.07

Jai had a gross margin of 36.88% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jai was 6.50% per year.


Jai  (BOM:512237) 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

Jai had a gross margin of 36.88% 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.


Jai Gross Margin % Related Terms


Jai Gross Margin % Historical Data

* Premium members only.

The historical data trend for Jai'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.

Jai Gross Margin % Chart

Jai 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 20.16 21.32 23.18 29.92 32.08

Jai 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 31.59 29.49 29.54 33.19 36.88

BOM:512237 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Jai'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.


Jai Gross Margin % vs Chemicals Industry

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

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


BOM:512237
73GF Score
Jai Corp Ltd BOM:512237
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jai Gross Margin % Calculation

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

Jai'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 )
=1649.8 / 5143.4
=(Revenue - Cost of Goods Sold) / Revenue
=(5143.4 - 3493.6) / 5143.4
=32.08 %

Jai'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 )
=444.9 / 1206.2
=(Revenue - Cost of Goods Sold) / Revenue
=(1206.2 - 761.3) / 1206.2
=36.88 %

* 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 36.88% mean?
Jai (BOM:512237) has a Gross Margin % of 36.88% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jai and its competitors. This is 38% above median its historical median of 26.64. Over the past decade, Jai's Gross Margin % has ranged from 20.16 to 32.08. According to the industry distribution chart, Jai ranks #464 out of 1557 companies in the Chemicals industry, placing it in the top 29.8%.
Is Jai's Gross Margin % too high?
Jai's current Gross Margin % of 36.88% is 38% above median its 10-year median of 26.64. Over the past 10 years, this metric has ranged from a low of 20.16 to a high of 32.08. The Chemicals industry median Gross Margin % is 23.49. Jai's value of 36.88% is 57% above this industry median. Based on the distribution chart, Jai ranks #464 out of 1557 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jai has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jai's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jai ranks #464 out of 1557 companies for Gross Margin %. This puts Jai in the upper half of its industry. The industry median Gross Margin % is 23.49. Jai's value of 36.88% is 57% above this benchmark. Historically, Jai's own Gross Margin % has ranged from 20.16 to 32.08 over the past decade. While the company's 10-year median is 26.64 vs. the industry median of 23.49, Jai 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.49, based on 1,557 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. Jai's current Gross Margin % of 36.88% is 57% 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 Jai and its competitors. For the Chemicals industry, the median Gross Margin % is 23.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jai's current Gross Margin % is 36.88%, which is 38% above median its own 10-year median of 26.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jai stock overvalued right now?
Based on GuruFocus' analysis, Jai (BOM:512237) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹158.44, compared to a current price of ₹111.75 — trading 29.5% below its estimated fair value. The current Gross Margin % is 36.88%, which is 38% above median its 10-year median of 26.64 and 57% above the Chemicals industry median of 23.49. Jai's overall GF Score™ is 73/100 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 Jai (BOM:512237), the current Gross Margin % is 36.88% 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 Jai (BOM:512237) Overvalued in 2026?

Based on GuruFocus' analysis, Jai stock appears to be undervalued. The current stock price of ₹111.75 is trading 29.5% below its estimated GF Value™ of ₹158.44. GuruFocus considers Jai to be Modestly Undervalued.

Key valuation signals for BOM:512237:

  • Gross Margin %: 36.88% (38% above median its 10-year median of 26.64)
  • GF Value™: ₹158.44 vs. price of ₹111.75 (29.5% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 57% above the Chemicals median (#464 of 1557)

No single metric tells the full story. See the BOM:512237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jai Business Description

Other Exchanges JAICORPLTD:India
Address Plot No. 207, Block III, No. 603, Embassy Centre, 6th Floor, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Jai Corp Ltd is a manufacturing company engaged in businesses like polypropylene and polyethylene, woven products, steel, plastic processing, and spinning yarn. It has five segments. The Steel segment comprises the production, and trading of CR sheets, GP coils, and HR plates and tubes. Production of woven fabric, jumbo bags, masterbatch, staple fibers, geotextiles, and others is done in the Plastic Processing segment. The Spinning segment includes the production of spun yarn. The Asset management activity segment consists of investment advisory services. Development of land and buildings is done in the Real Estate segment of the company and other. The majority of its revenue is generated from the Plastic processing segment. Geographically, it derives key revenue from India.
73GF Score

Get the complete analysis for BOM:512237

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

₹111.75
Price
₹158.44
GF Value