Duroply Industries (BOM:516003) Gross Margin %: 34.26% (As of Mar. 2026) — Near Median

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BOM:516003 Duroply Industries Ltd BOM:516003
53 GF Score
Price ₹109.60
GF Value ₹198.11
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Duroply Industries Gross Margin %?

Duroply Industries BOM:516003 -1.88% 53 Gross Margin % is 34.26% as of Mar. 2026, which is 6% above its 10-year median of 32.22. GuruFocus rates BOM:516003 with a GF Score™ of 53/100 and a GF Value™ of ₹198.11 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 279 Forest Products companies, Duroply Industries ranks better than 74.91% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Duroply Industries's Gross Profit for the three months ended in Mar. 2026 was ₹382 Mil. Duroply Industries's Revenue for the three months ended in Mar. 2026 was ₹1,116 Mil. Therefore, Duroply Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 34.26%.


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

BOM:516003' s Gross Margin % Range Over the Past 10 Years
Min: 28.38   Med: 32.22   Max: 35.11
Current: 35.03


During the past 13 years, the highest Gross Margin % of Duroply Industries was 35.11%. The lowest was 28.38%. And the median was 32.22%.

BOM:516003's Gross Margin % is ranked better than
74.91% of 279 companies
in the Forest Products industry
Industry Median: 18.89 vs BOM:516003: 35.03

Duroply Industries had a gross margin of 34.26% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Duroply Industries was 2.80% per year.


Duroply Industries  (BOM:516003) 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

Duroply Industries had a gross margin of 34.26% 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.


Duroply Industries Gross Margin % Related Terms


Duroply Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Duroply Industries'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.

Duroply Industries Gross Margin % Chart

Duroply Industries 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 31.38 30.37 28.38 34.72 35.02

Duroply Industries 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 34.86 34.11 34.82 37.09 34.26

BOM:516003 vs SSD, UFPI, BCC: Gross Margin % Comparison

For the Lumber & Wood Production subindustry, Duroply Industries'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.


Duroply Industries Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Duroply Industries's Gross Margin % distribution charts can be found below:

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


BOM:516003
53GF Score
Duroply Industries Ltd BOM:516003
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Duroply Industries Gross Margin % Calculation

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

Duroply Industries'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 )
=1410.3 / 4026.735
=(Revenue - Cost of Goods Sold) / Revenue
=(4026.735 - 2616.387) / 4026.735
=35.02 %

Duroply Industries'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 )
=382.3 / 1115.873
=(Revenue - Cost of Goods Sold) / Revenue
=(1115.873 - 733.592) / 1115.873
=34.26 %

* 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 34.26% mean?
Duroply Industries (BOM:516003) has a Gross Margin % of 34.26% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Duroply Industries and its competitors. This is near median its historical median of 32.22. Over the past decade, Duroply Industries' Gross Margin % has ranged from 28.38 to 35.11. According to the industry distribution chart, Duroply Industries ranks #70 out of 279 companies in the Forest Products industry, placing it in the top 25.1%.
Is Duroply Industries' Gross Margin % too high?
Duroply Industries' current Gross Margin % of 34.26% is near median its 10-year median of 32.22. Over the past 10 years, this metric has ranged from a low of 28.38 to a high of 35.11. The Forest Products industry median Gross Margin % is 18.89. Duroply Industries' value of 34.26% is 81.4% above this industry median. Based on the distribution chart, Duroply Industries ranks #70 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, Duroply Industries has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Duroply Industries' Gross Margin % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Duroply Industries ranks #70 out of 279 companies for Gross Margin %. This puts Duroply Industries in the upper half of its industry. The industry median Gross Margin % is 18.89. Duroply Industries' value of 34.26% is 81.4% above this benchmark. Historically, Duroply Industries' own Gross Margin % has ranged from 28.38 to 35.11 over the past decade. While the company's 10-year median is 32.22 vs. the industry median of 18.89, Duroply Industries 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 18.89, based on 279 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. Duroply Industries's current Gross Margin % of 34.26% is 81.4% 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 Duroply Industries and its competitors. For the Forest Products industry, the median Gross Margin % is 18.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duroply Industries's current Gross Margin % is 34.26%, which is near median its own 10-year median of 32.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duroply Industries stock overvalued right now?
Based on GuruFocus' analysis, Duroply Industries (BOM:516003) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹198.11, compared to a current price of ₹109.60 — trading 44.7% below its estimated fair value. The current Gross Margin % is 34.26%, which is near median its 10-year median of 32.22 and 81.4% above the Forest Products industry median of 18.89. Duroply Industries' overall GF Score™ is 53/100 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 Duroply Industries (BOM:516003), the current Gross Margin % is 34.26% 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 Duroply Industries (BOM:516003) Overvalued in 2026?

Based on GuruFocus' analysis, Duroply Industries stock appears to be undervalued. The current stock price of ₹109.60 is trading 44.7% below its estimated GF Value™ of ₹198.11. GuruFocus considers Duroply Industries to be Significantly Undervalued.

Key valuation signals for BOM:516003:

  • Gross Margin %: 34.26% (near median its 10-year median of 32.22)
  • GF Value™: ₹198.11 vs. price of ₹109.60 (44.7% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 81.4% above the Forest Products median (#70 of 279)

No single metric tells the full story. See the BOM:516003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Duroply Industries Business Description

Address No. 113, Park Street, 4th Floor, North Block, Kolkata, WB, IND, 700 016
Duroply Industries Ltd is engaged in the business of manufacturing plywood. The company's product categories include Plywood, Duro Blockboard, Flush doors, and Decorative Veneers.
53GF Score

Get the complete analysis for BOM:516003

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

₹109.60
Price
₹198.11
GF Value