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Shivagrico ImplementsBOM:522237 +9.14%65 Gross Margin % is 22.75% as of Mar. 2026, which is 58% above its 10-year median of 14.39. GuruFocus rates BOM:522237 with a GF Score™ of 65/100 and a GF Value™ of ₹28.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,998 Industrial Products companies, Shivagrico Implements ranks worse than 64.01% on this metric.
BOM:522237's Gross Margin % is ranked worse than 64.01% of 2998
companies
in the Industrial Products industry
Industry Median: 26.84
vs BOM:522237: 21.86
Shivagrico Implements had a gross margin of 22.75% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Shivagrico Implements was 8.80% per year.
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
Shivagrico Implements had a gross margin of 22.75% 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.
Shivagrico Implements Gross Margin % Related Terms
Shivagrico Implements Gross Margin % Historical Data
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The historical data trend for Shivagrico Implements'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.
BOM:522237 vs SNA, RBC, LECO: Gross Margin % Comparison
For the Tools & Accessories subindustry, Shivagrico Implements'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.
Shivagrico Implements Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivagrico Implements's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Shivagrico Implements's Gross Margin % falls into.
* 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.
Shivagrico Implements (BOM:522237) has a Gross Margin % of 22.75% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shivagrico Implements and its competitors. This is 58% above median its historical median of 14.39. Over the past decade, Shivagrico Implements' Gross Margin % has ranged from 7.59 to 22.73. According to the industry distribution chart, Shivagrico Implements ranks #1919 out of 2998 companies in the Industrial Products industry, placing it in the top 64%.
Is Shivagrico Implements' Gross Margin % too high?
Shivagrico Implements' current Gross Margin % of 22.75% is 58% above median its 10-year median of 14.39. Over the past 10 years, this metric has ranged from a low of 7.59 to a high of 22.73. The Industrial Products industry median Gross Margin % is 26.84. Shivagrico Implements' value of 22.75% is 15.2% below this industry median. Based on the distribution chart, Shivagrico Implements ranks #1919 out of 2998 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shivagrico Implements has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' Gross Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Shivagrico Implements ranks #1919 out of 2998 companies for Gross Margin %. This places Shivagrico Implements in the lower half of its industry. The industry median Gross Margin % is 26.84. Shivagrico Implements' value of 22.75% is 15.2% below this benchmark. Historically, Shivagrico Implements' own Gross Margin % has ranged from 7.59 to 22.73 over the past decade. While the company's 10-year median is 14.39 vs. the industry median of 26.84, Shivagrico Implements 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 26.84, 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. Shivagrico Implements's current Gross Margin % of 22.75% is 15.2% 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 Shivagrico Implements 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. Shivagrico Implements's current Gross Margin % is 22.75%, which is 58% above median its own 10-year median of 14.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Fairly Valued. The stock's GF Value™ is ₹28.98, compared to a current price of ₹26.99 — trading 6.9% below its estimated fair value. The current Gross Margin % is 22.75%, which is 58% above median its 10-year median of 14.39 and 15.2% below the Industrial Products industry median of 26.84. Shivagrico Implements' overall GF Score™ is 65/100 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 Shivagrico Implements (BOM:522237), the current Gross Margin % is 22.75% 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?
Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued.
The current stock price of ₹26.99 is trading 6.9% below its estimated GF Value™ of ₹28.98.
GuruFocus considers Shivagrico Implements to be Fairly Valued.
Key valuation signals for BOM:522237:
Gross Margin %: 22.75% (58% above median its 10-year median of 14.39)
GF Value™: ₹28.98 vs. price of ₹26.99 (6.9% below fair value)
Industry Position: 15.2% below the Industrial Products median (#1919 of 2998)
No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
65GF Score
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