Simplex Castings (BOM:513472) Gross Margin %: 34.45% (As of Mar. 2026) — 10% Below Median


BOM:513472 Simplex Castings Ltd BOM:513472
70 GF Score
Price ₹519.15
GF Value ₹353.37
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Simplex Castings Gross Margin %?

Simplex Castings BOM:513472 +0.08% 70 Gross Margin % is 34.45% as of Mar. 2026, which is 10% below its 10-year median of 38.30. GuruFocus rates BOM:513472 with a GF Score™ of 70/100 and a GF Value™ of ₹353.37 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,998 Industrial Products companies, Simplex Castings ranks better than 66.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Simplex Castings's Gross Profit for the three months ended in Mar. 2026 was ₹189 Mil. Simplex Castings's Revenue for the three months ended in Mar. 2026 was ₹548 Mil. Therefore, Simplex Castings's Gross Margin % for the quarter that ended in Mar. 2026 was 34.45%.

Warning Sign:

Simplex Castings Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.6%.


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

BOM:513472' s Gross Margin % Range Over the Past 10 Years
Min: -27.53   Med: 38.3   Max: 50.78
Current: 33.25


During the past 13 years, the highest Gross Margin % of Simplex Castings was 50.78%. The lowest was -27.53%. And the median was 38.30%.

BOM:513472's Gross Margin % is ranked better than
66.24% of 2998 companies
in the Industrial Products industry
Industry Median: 26.84 vs BOM:513472: 33.25

Simplex Castings had a gross margin of 34.45% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Simplex Castings was -8.60% per year.


Simplex Castings  (BOM:513472) 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

Simplex Castings had a gross margin of 34.45% 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.


Simplex Castings Gross Margin % Related Terms


Simplex Castings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Simplex Castings'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.

Simplex Castings Gross Margin % Chart

Simplex Castings 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 49.47 46.32 45.78 35.16 33.25

Simplex Castings 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 26.34 34.06 29.88 35.03 34.45

BOM:513472 vs CRS, ATI, MLI: Gross Margin % Comparison

For the Metal Fabrication subindustry, Simplex Castings'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.


Simplex Castings Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Simplex Castings's Gross Margin % distribution charts can be found below:

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


BOM:513472
70GF Score
Simplex Castings Ltd BOM:513472
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Simplex Castings Gross Margin % Calculation

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

Simplex Castings'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 )
=674.7 / 2029.029
=(Revenue - Cost of Goods Sold) / Revenue
=(2029.029 - 1354.32) / 2029.029
=33.25 %

Simplex Castings'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 )
=188.7 / 547.628
=(Revenue - Cost of Goods Sold) / Revenue
=(547.628 - 358.961) / 547.628
=34.45 %

* 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 34.45% mean?
Simplex Castings (BOM:513472) has a Gross Margin % of 34.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Simplex Castings and its competitors. This is 10% below median its historical median of 38.30. According to the industry distribution chart, Simplex Castings ranks #1012 out of 2998 companies in the Industrial Products industry, placing it in the top 33.8%.
Is Simplex Castings' Gross Margin % too high?
Simplex Castings' current Gross Margin % of 34.45% is 10% below median its 10-year median of 38.30. The Industrial Products industry median Gross Margin % is 26.84. Simplex Castings' value of 34.45% is 28.4% above this industry median. Based on the distribution chart, Simplex Castings ranks #1012 out of 2998 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Simplex Castings has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simplex Castings' Gross Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Simplex Castings ranks #1012 out of 2998 companies for Gross Margin %. This puts Simplex Castings in the upper half of its industry. The industry median Gross Margin % is 26.84. Simplex Castings' value of 34.45% is 28.4% above this benchmark. While the company's 10-year median is 38.30 vs. the industry median of 26.84, Simplex Castings 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.84, based on 2,998 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. Simplex Castings's current Gross Margin % of 34.45% is 28.4% 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 Simplex Castings and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simplex Castings's current Gross Margin % is 34.45%, which is 10% below median its own 10-year median of 38.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplex Castings stock overvalued right now?
Based on GuruFocus' analysis, Simplex Castings (BOM:513472) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹353.37, compared to a current price of ₹519.15 — trading 46.9% above its estimated fair value. The current Gross Margin % is 34.45%, which is 10% below median its 10-year median of 38.30 and 28.4% above the Industrial Products industry median of 26.84. Simplex Castings' overall GF Score™ is 70/100 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 Simplex Castings (BOM:513472), the current Gross Margin % is 34.45% 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 Simplex Castings (BOM:513472) Overvalued in 2026?

Based on GuruFocus' analysis, Simplex Castings stock appears to be overvalued. The current stock price of ₹519.15 is trading 46.9% above its estimated GF Value™ of ₹353.37. GuruFocus considers Simplex Castings to be Significantly Overvalued.

Key valuation signals for BOM:513472:

  • Gross Margin %: 34.45% (10% below median its 10-year median of 38.30)
  • GF Value™: ₹353.37 vs. price of ₹519.15 (46.9% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 28.4% above the Industrial Products median (#1012 of 2998)

No single metric tells the full story. See the BOM:513472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Simplex Castings Business Description

Address G.E. Road, Plot No. 32, Shivnath Complex, Supela, Durg District, Bhilai, CT, IND, 490023
Simplex Castings Ltd is an India-based company operating in the steel castings industry. It manufactures and sells iron cast equipment, fabricated equipment, steel, SG iron, special alloy cast equipment, forging quality ingots, and other related products. It has only one reportable segment which is Manufacturing of SG lron, Steel, Special Alloy Castings, C.l. Castings and Equipments. The company serves various industrial sectors like steel, railways, power, mining, cement, sugar, chemicals, earthmovers, machine tools, shipbuilding, oil and gas, and defense. Also, the firm offers work contract services. Some of its products include Coke Oven Doors & Assemblies, Sinter & Pallet Cars, Railway bogies, and Mould. The group sells its products in India and also exports internationally.
70GF Score

Get the complete analysis for BOM:513472

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

₹519.15
Price
₹353.37
GF Value