Veejay Lakshmi Engineering Works (BOM:522267) Gross Margin %: 21.29% (As of Mar. 2026) — 17% Below Median


BOM:522267 Veejay Lakshmi Engineering Works Ltd BOM:522267
57 GF Score
Price ₹36.95
GF Value ₹56.52
Valuation Possible Value Trap
! 6 Warning Signs
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What is Veejay Lakshmi Engineering Works Gross Margin %?

Veejay Lakshmi Engineering Works BOM:522267 -0.14% 57 Gross Margin % is 21.29% as of Mar. 2026, which is 17% below its 10-year median of 25.51. GuruFocus rates BOM:522267 with a GF Score™ of 57/100 and a GF Value™ of ₹56.52 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Veejay Lakshmi Engineering Works ranks worse than 56.62% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Veejay Lakshmi Engineering Works's Gross Profit for the three months ended in Mar. 2026 was ₹52.0 Mil. Veejay Lakshmi Engineering Works's Revenue for the three months ended in Mar. 2026 was ₹244.5 Mil. Therefore, Veejay Lakshmi Engineering Works's Gross Margin % for the quarter that ended in Mar. 2026 was 21.29%.

Warning Sign:

Veejay Lakshmi Engineering Works Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


The historical rank and industry rank for Veejay Lakshmi Engineering Works's Gross Margin % or its related term are showing as below:

BOM:522267' s Gross Margin % Range Over the Past 10 Years
Min: 9.14   Med: 25.51   Max: 32.72
Current: 23.73


During the past 13 years, the highest Gross Margin % of Veejay Lakshmi Engineering Works was 32.72%. The lowest was 9.14%. And the median was 25.51%.

BOM:522267's Gross Margin % is ranked worse than
56.62% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.49 vs BOM:522267: 23.73

Veejay Lakshmi Engineering Works had a gross margin of 21.29% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Veejay Lakshmi Engineering Works was -2.10% per year.


Veejay Lakshmi Engineering Works  (BOM:522267) 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

Veejay Lakshmi Engineering Works had a gross margin of 21.29% 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.


Veejay Lakshmi Engineering Works Gross Margin % Related Terms


Veejay Lakshmi Engineering Works Gross Margin % Historical Data

* Premium members only.

The historical data trend for Veejay Lakshmi Engineering Works'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.

Veejay Lakshmi Engineering Works Gross Margin % Chart

Veejay Lakshmi Engineering Works 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 29.51 9.14 13.93 26.70 23.73

Veejay Lakshmi Engineering Works 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 28.40 23.71 24.14 26.99 21.29

Veejay Lakshmi Engineering Works Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Veejay Lakshmi Engineering Works'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.


Veejay Lakshmi Engineering Works Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Veejay Lakshmi Engineering Works's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Veejay Lakshmi Engineering Works's Gross Margin % falls into.


BOM:522267
57GF Score
Veejay Lakshmi Engineering Works Ltd BOM:522267
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Veejay Lakshmi Engineering Works Gross Margin % Calculation

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

Veejay Lakshmi Engineering Works'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 )
=190.4 / 802.275
=(Revenue - Cost of Goods Sold) / Revenue
=(802.275 - 611.892) / 802.275
=23.73 %

Veejay Lakshmi Engineering Works'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 )
=52 / 244.457
=(Revenue - Cost of Goods Sold) / Revenue
=(244.457 - 192.412) / 244.457
=21.29 %

* 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 21.29% mean?
Veejay Lakshmi Engineering Works (BOM:522267) has a Gross Margin % of 21.29% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Veejay Lakshmi Engineering Works and its competitors. This is 17% below median its historical median of 25.51. Over the past decade, Veejay Lakshmi Engineering Works' Gross Margin % has ranged from 9.14 to 32.72. According to the industry distribution chart, Veejay Lakshmi Engineering Works ranks #577 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.6%.
Is Veejay Lakshmi Engineering Works' Gross Margin % too high?
Veejay Lakshmi Engineering Works' current Gross Margin % of 21.29% is 17% below median its 10-year median of 25.51. Over the past 10 years, this metric has ranged from a low of 9.14 to a high of 32.72. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.49. Veejay Lakshmi Engineering Works' value of 21.29% is 25.3% below this industry median. Based on the distribution chart, Veejay Lakshmi Engineering Works ranks #577 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Veejay Lakshmi Engineering Works has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Veejay Lakshmi Engineering Works' Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Veejay Lakshmi Engineering Works ranks #577 out of 1019 companies for Gross Margin %. This places Veejay Lakshmi Engineering Works in the lower half of its industry. The industry median Gross Margin % is 28.49. Veejay Lakshmi Engineering Works' value of 21.29% is 25.3% below this benchmark. Historically, Veejay Lakshmi Engineering Works' own Gross Margin % has ranged from 9.14 to 32.72 over the past decade. While the company's 10-year median is 25.51 vs. the industry median of 28.49, Veejay Lakshmi Engineering Works 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 a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.49, based on 1,019 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. Veejay Lakshmi Engineering Works's current Gross Margin % of 21.29% is 25.3% 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 Veejay Lakshmi Engineering Works and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veejay Lakshmi Engineering Works's current Gross Margin % is 21.29%, which is 17% below median its own 10-year median of 25.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veejay Lakshmi Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Veejay Lakshmi Engineering Works (BOM:522267) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.52, compared to a current price of ₹36.95 — trading 34.6% below its estimated fair value. The current Gross Margin % is 21.29%, which is 17% below median its 10-year median of 25.51 and 25.3% below the Manufacturing - Apparel & Accessories industry median of 28.49. Veejay Lakshmi Engineering Works' overall GF Score™ is 57/100 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 Veejay Lakshmi Engineering Works (BOM:522267), the current Gross Margin % is 21.29% 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 Veejay Lakshmi Engineering Works (BOM:522267) Overvalued in 2026?

Based on GuruFocus' analysis, Veejay Lakshmi Engineering Works stock appears to be undervalued. The current stock price of ₹36.95 is trading 34.6% below its estimated GF Value™ of ₹56.52. GuruFocus considers Veejay Lakshmi Engineering Works to be Possible Value Trap.

Key valuation signals for BOM:522267:

  • Gross Margin %: 21.29% (17% below median its 10-year median of 25.51)
  • GF Value™: ₹56.52 vs. price of ₹36.95 (34.6% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 25.3% below the Manufacturing - Apparel & Accessories median (#577 of 1019)

No single metric tells the full story. See the BOM:522267 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veejay Lakshmi Engineering Works Business Description

Address Sengalipalayam, N.G.G.O. Colony Post, Coimbatore, TN, IND, 641022
Veejay Lakshmi Engineering Works Ltd is an Indian company that operates in the textile industry. The operating segment of the company includes Engineering and Textile. It generates maximum revenue from the Textile segment. The Textile Division is engaged in producing yarn and fabrics. Its Engineering Division is engaged in producing Two for One Twisters and Assembly Winders.
57GF Score

Get the complete analysis for BOM:522267

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

₹36.95
Price
₹56.52
GF Value