Dolphin Offshore Enterprises India (BOM:522261) 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
Dolphin Offshore Enterprises India had a gross margin of 52.63% for the quarter that ended in Mar. 2026 => Durable competitive advantage
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.
Dolphin Offshore Enterprises India Gross Margin % Related Terms
Dolphin Offshore Enterprises India Gross Margin % Historical Data
* 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.
Dolphin Offshore Enterprises India Gross Margin % Chart
BOM:522261 vs SLB, BKR, HAL: Gross Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises India'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.
Dolphin Offshore Enterprises India Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dolphin Offshore Enterprises India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Dolphin Offshore Enterprises India'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.
Dolphin Offshore Enterprises India (BOM:522261) has a Gross Margin % of 52.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dolphin Offshore Enterprises India and its competitors. This is 10% below median its historical median of 58.72. Over the past decade, Dolphin Offshore Enterprises India's Gross Margin % has ranged from 35.56 to 77.11. According to the industry distribution chart, Dolphin Offshore Enterprises India ranks #75 out of 869 companies in the Oil & Gas industry, placing it in the top 8.6%.
Is Dolphin Offshore Enterprises India's Gross Margin % too high?
Dolphin Offshore Enterprises India's current Gross Margin % of 52.63% is 10% below median its 10-year median of 58.72. Over the past 10 years, this metric has ranged from a low of 35.56 to a high of 77.11. The Oil & Gas industry median Gross Margin % is 25.70. Dolphin Offshore Enterprises India's value of 52.63% is 104.8% above this industry median. Based on the distribution chart, Dolphin Offshore Enterprises India ranks #75 out of 869 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Dolphin Offshore Enterprises India has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Offshore Enterprises India's Gross Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dolphin Offshore Enterprises India ranks #75 out of 869 companies for Gross Margin %. This places Dolphin Offshore Enterprises India in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.70. Dolphin Offshore Enterprises India's value of 52.63% is 104.8% above this benchmark. Historically, Dolphin Offshore Enterprises India's own Gross Margin % has ranged from 35.56 to 77.11 over the past decade. While the company's 10-year median is 58.72 vs. the industry median of 25.70, Dolphin Offshore Enterprises India 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 Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 869 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. Dolphin Offshore Enterprises India's current Gross Margin % of 52.63% is 104.8% 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 Dolphin Offshore Enterprises India and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Offshore Enterprises India's current Gross Margin % is 52.63%, which is 10% below median its own 10-year median of 58.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Offshore Enterprises India stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India (BOM:522261) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,121.92, compared to a current price of ₹361.00 — trading 83% below its estimated fair value. The current Gross Margin % is 52.63%, which is 10% below median its 10-year median of 58.72 and 104.8% above the Oil & Gas industry median of 25.70. Dolphin Offshore Enterprises India's overall GF Score™ is 54/100 with 3 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 Dolphin Offshore Enterprises India (BOM:522261), the current Gross Margin % is 52.63% 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 Dolphin Offshore Enterprises India (BOM:522261) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India stock appears to be undervalued.
The current stock price of ₹361.00 is trading 83% below its estimated GF Value™ of ₹2,121.92.
GuruFocus considers Dolphin Offshore Enterprises India to be Possible Value Trap.
Key valuation signals for BOM:522261:
Gross Margin %: 52.63% (10% below median its 10-year median of 58.72)
GF Value™: ₹2,121.92 vs. price of ₹361.00 (83% below fair value)
Industry Position: 104.8% above the Oil & Gas median (#75 of 869)
No single metric tells the full story. See the BOM:522261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Offshore Enterprises India Business Description
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, rig and ship repairs, marine logistics, and fabrication. It also provides equipments like air compressors, gas compressors, exploration and production equipment, and others. The company operates in the Gulf of Mexico, the Caribbean, Brazil, West Africa, Asia Pacific, Middle East, and domestically.
54GF Score
Get the complete analysis for BOM:522261
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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