KEI Industries (BOM:517569) Gross Margin %: 23.21% (As of Mar. 2026) — Near Median


BOM:517569 KEI Industries Ltd BOM:517569
96 GF Score
Price ₹5,144.05
GF Value ₹4,918.25
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is KEI Industries Gross Margin %?

KEI Industries BOM:517569 +2.83% 96 Gross Margin % is 23.21% as of Mar. 2026, which is 2% below its 10-year median of 23.64. GuruFocus rates BOM:517569 with a GF Score™ of 96/100 and a GF Value™ of ₹4,918.25 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,999 Industrial Products companies, KEI Industries ranks worse than 59.19% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. KEI Industries's Gross Profit for the three months ended in Mar. 2026 was ₹8,069 Mil. KEI Industries's Revenue for the three months ended in Mar. 2026 was ₹34,764 Mil. Therefore, KEI Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 23.21%.


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

BOM:517569' s Gross Margin % Range Over the Past 10 Years
Min: 20.93   Med: 23.64   Max: 25.25
Current: 23.48


During the past 13 years, the highest Gross Margin % of KEI Industries was 25.25%. The lowest was 20.93%. And the median was 23.64%.

BOM:517569's Gross Margin % is ranked worse than
59.19% of 2999 companies
in the Industrial Products industry
Industry Median: 26.85 vs BOM:517569: 23.48

KEI Industries had a gross margin of 23.21% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for KEI Industries was 0.40% per year.


KEI Industries  (BOM:517569) 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

KEI Industries had a gross margin of 23.21% 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.


KEI Industries Gross Margin % Related Terms


KEI Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for KEI 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.

KEI Industries Gross Margin % Chart

KEI 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 21.82 20.93 21.21 23.21 23.48

KEI 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 22.85 23.18 23.31 24.21 23.21

BOM:517569 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, KEI 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.


KEI Industries Gross Margin % vs Industrial Products Industry

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

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


BOM:517569
96GF Score
KEI Industries Ltd BOM:517569
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KEI Industries Gross Margin % Calculation

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

KEI 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 )
=27582.4 / 117477.65
=(Revenue - Cost of Goods Sold) / Revenue
=(117477.65 - 89895.22) / 117477.65
=23.48 %

KEI 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 )
=8069.3 / 34763.96
=(Revenue - Cost of Goods Sold) / Revenue
=(34763.96 - 26694.68) / 34763.96
=23.21 %

* 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 23.21% mean?
KEI Industries (BOM:517569) has a Gross Margin % of 23.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on KEI Industries and its competitors. This is near median its historical median of 23.64. Over the past decade, KEI Industries' Gross Margin % has ranged from 20.93 to 25.25. According to the industry distribution chart, KEI Industries ranks #1775 out of 2999 companies in the Industrial Products industry, placing it in the top 59.2%.
Is KEI Industries' Gross Margin % too high?
KEI Industries' current Gross Margin % of 23.21% is near median its 10-year median of 23.64. Over the past 10 years, this metric has ranged from a low of 20.93 to a high of 25.25. The Industrial Products industry median Gross Margin % is 26.85. KEI Industries' value of 23.21% is 13.6% below this industry median. Based on the distribution chart, KEI Industries ranks #1775 out of 2999 companies in the Industrial Products industry, which is below the industry midpoint. Overall, KEI Industries has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KEI Industries' Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, KEI Industries ranks #1775 out of 2999 companies for Gross Margin %. This places KEI Industries in the lower half of its industry. The industry median Gross Margin % is 26.85. KEI Industries' value of 23.21% is 13.6% below this benchmark. Historically, KEI Industries' own Gross Margin % has ranged from 20.93 to 25.25 over the past decade. While the company's 10-year median is 23.64 vs. the industry median of 26.85, KEI Industries has consistently been below 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 26.85, based on 2,999 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. KEI Industries's current Gross Margin % of 23.21% is 13.6% below 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 KEI Industries and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KEI Industries's current Gross Margin % is 23.21%, which is near median its own 10-year median of 23.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KEI Industries stock overvalued right now?
Based on GuruFocus' analysis, KEI Industries (BOM:517569) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,918.25, compared to a current price of ₹5,144.05 — trading 4.6% above its estimated fair value. The current Gross Margin % is 23.21%, which is near median its 10-year median of 23.64 and 13.6% below the Industrial Products industry median of 26.85. KEI Industries' overall GF Score™ is 96/100 with 6 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 KEI Industries (BOM:517569), the current Gross Margin % is 23.21% 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 KEI Industries (BOM:517569) Overvalued in 2026?

Based on GuruFocus' analysis, KEI Industries stock appears to be overvalued. The current stock price of ₹5,144.05 is trading 4.6% above its estimated GF Value™ of ₹4,918.25. GuruFocus considers KEI Industries to be Fairly Valued.

Key valuation signals for BOM:517569:

  • Gross Margin %: 23.21% (near median its 10-year median of 23.64)
  • GF Value™: ₹4,918.25 vs. price of ₹5,144.05 (4.6% above fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 13.6% below the Industrial Products median (#1775 of 2999)

No single metric tells the full story. See the BOM:517569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KEI Industries Business Description

Other Exchanges KEI:India
Address D-90, Okhla Industrial Area, Phase-I, New Delhi, IND, 110 020
KEI Industries Ltd is engaged in the manufacture and supply of power and other industrial cables. Its segments include the Wires and Cables Segment, Stainless Steel Wires Segment, Turnkey Projects/Engineering, Procurement and Construction (EPC) Projects Segment. The company generates maximum revenue from the Wires and Cables segment. Its Wires and Cables segment consists of extra high voltage (EHV), high tension (HT), and low tension (LT) power cables, control and instrumentation cables, winding wires, and flexible and house wires. Geographically, it derives the majority of its revenue from India.
96GF Score

Get the complete analysis for BOM:517569

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

₹5,144.05
Price
₹4,918.25
GF Value