Solid Stone Co (BOM:513699) Gross Margin %: 34.98% (As of Mar. 2026) — 44% Above Median

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BOM:513699 Solid Stone Co Ltd BOM:513699
59 GF Score
Price ₹24.90
GF Value ₹30.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Solid Stone Co Gross Margin %?

Solid Stone Co BOM:513699 +0.40% 59 Gross Margin % is 34.98% as of Mar. 2026, which is 44% above its 10-year median of 24.35. GuruFocus rates BOM:513699 with a GF Score™ of 59/100 and a GF Value™ of ₹30.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 396 Building Materials companies, Solid Stone Co ranks better than 76.01% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Solid Stone Co's Gross Profit for the three months ended in Mar. 2026 was ₹31.7 Mil. Solid Stone Co's Revenue for the three months ended in Mar. 2026 was ₹90.6 Mil. Therefore, Solid Stone Co's Gross Margin % for the quarter that ended in Mar. 2026 was 34.98%.


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

BOM:513699' s Gross Margin % Range Over the Past 10 Years
Min: 10.3   Med: 24.35   Max: 38.48
Current: 38.48


During the past 13 years, the highest Gross Margin % of Solid Stone Co was 38.48%. The lowest was 10.30%. And the median was 24.35%.

BOM:513699's Gross Margin % is ranked better than
76.01% of 396 companies
in the Building Materials industry
Industry Median: 26.19 vs BOM:513699: 38.48

Solid Stone Co had a gross margin of 34.98% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Solid Stone Co was 11.10% per year.


Solid Stone Co  (BOM:513699) 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

Solid Stone Co had a gross margin of 34.98% 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.


Solid Stone Co Gross Margin % Related Terms


Solid Stone Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Solid Stone Co'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.

Solid Stone Co Gross Margin % Chart

Solid Stone Co 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 21.88 28.39 37.33 37.40 38.48

Solid Stone Co 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 38.21 39.53 37.39 45.43 34.98

BOM:513699 vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Solid Stone Co'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.


Solid Stone Co Gross Margin % vs Building Materials Industry

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

* The bar in red indicates where Solid Stone Co's Gross Margin % falls into.


BOM:513699
59GF Score
Solid Stone Co Ltd BOM:513699
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solid Stone Co Gross Margin % Calculation

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

Solid Stone Co'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 )
=99 / 257.353
=(Revenue - Cost of Goods Sold) / Revenue
=(257.353 - 158.32) / 257.353
=38.48 %

Solid Stone Co'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 )
=31.7 / 90.589
=(Revenue - Cost of Goods Sold) / Revenue
=(90.589 - 58.901) / 90.589
=34.98 %

* 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 34.98% mean?
Solid Stone Co (BOM:513699) has a Gross Margin % of 34.98% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Solid Stone Co and its competitors. This is 44% above median its historical median of 24.35. Over the past decade, Solid Stone Co's Gross Margin % has ranged from 10.30 to 38.48. According to the industry distribution chart, Solid Stone Co ranks #95 out of 396 companies in the Building Materials industry, placing it in the top 24%.
Is Solid Stone Co's Gross Margin % too high?
Solid Stone Co's current Gross Margin % of 34.98% is 44% above median its 10-year median of 24.35. Over the past 10 years, this metric has ranged from a low of 10.30 to a high of 38.48. The Building Materials industry median Gross Margin % is 26.19. Solid Stone Co's value of 34.98% is 33.6% above this industry median. Based on the distribution chart, Solid Stone Co ranks #95 out of 396 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Solid Stone Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Stone Co's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Solid Stone Co ranks #95 out of 396 companies for Gross Margin %. This places Solid Stone Co in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.19. Solid Stone Co's value of 34.98% is 33.6% above this benchmark. Historically, Solid Stone Co's own Gross Margin % has ranged from 10.30 to 38.48 over the past decade. While the company's 10-year median is 24.35 vs. the industry median of 26.19, Solid Stone Co 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 26.19, 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. Solid Stone Co's current Gross Margin % of 34.98% is 33.6% 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 Solid Stone Co and its competitors. For the Building Materials industry, the median Gross Margin % is 26.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Stone Co's current Gross Margin % is 34.98%, which is 44% above median its own 10-year median of 24.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Stone Co stock overvalued right now?
Based on GuruFocus' analysis, Solid Stone Co (BOM:513699) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹30.28, compared to a current price of ₹24.90 — trading 17.8% below its estimated fair value. The current Gross Margin % is 34.98%, which is 44% above median its 10-year median of 24.35 and 33.6% above the Building Materials industry median of 26.19. Solid Stone Co's overall GF Score™ is 59/100 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 Solid Stone Co (BOM:513699), the current Gross Margin % is 34.98% 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 Solid Stone Co (BOM:513699) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Stone Co stock appears to be undervalued. The current stock price of ₹24.90 is trading 17.8% below its estimated GF Value™ of ₹30.28. GuruFocus considers Solid Stone Co to be Modestly Undervalued.

Key valuation signals for BOM:513699:

  • Gross Margin %: 34.98% (44% above median its 10-year median of 24.35)
  • GF Value™: ₹30.28 vs. price of ₹24.90 (17.8% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 33.6% above the Building Materials median (#95 of 396)

No single metric tells the full story. See the BOM:513699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Stone Co Business Description

Address 1501, Maker Chambers V, Nariman Point, Mumbai, MH, IND, 400 021
Solid Stone Co Ltd is engaged in the processing, sale, and trading of natural and semi-precious stones. The company's only reportable segment being natural stones, building material, and allied building activities. Its products include natural stones, granite, semi-precious stones, mosaics and others.
59GF Score

Get the complete analysis for BOM:513699

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

₹24.90
Price
₹30.28
GF Value