Jayaswal NECO IndustriesBOM:522285 +0.91%56 Gross Margin % is 61.47% as of Mar. 2026, which is 138% above its 10-year median of 25.81. GuruFocus rates BOM:522285 with a GF Score™ of 56/100 and a GF Value™ of ₹56.43 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 593 Steel companies, Jayaswal NECO Industries ranks better than 97.3% on this metric.
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
Jayaswal NECO Industries had a gross margin of 61.47% 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.
Jayaswal NECO Industries Gross Margin % Related Terms
Jayaswal NECO Industries 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.
BOM:522285 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Jayaswal NECO 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.
Jayaswal NECO Industries Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Jayaswal NECO Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Jayaswal NECO Industries'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.
Jayaswal NECO Industries (BOM:522285) has a Gross Margin % of 61.47% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jayaswal NECO Industries and its competitors. This is 138% above median its historical median of 25.81. Over the past decade, Jayaswal NECO Industries' Gross Margin % has ranged from 16.78 to 60.89. According to the industry distribution chart, Jayaswal NECO Industries ranks #16 out of 593 companies in the Steel industry, placing it in the top 2.7%.
Is Jayaswal NECO Industries' Gross Margin % too high?
Jayaswal NECO Industries' current Gross Margin % of 61.47% is 138% above median its 10-year median of 25.81. Over the past 10 years, this metric has ranged from a low of 16.78 to a high of 60.89. The Steel industry median Gross Margin % is 12.60. Jayaswal NECO Industries' value of 61.47% is 387.9% above this industry median. Based on the distribution chart, Jayaswal NECO Industries ranks #16 out of 593 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Jayaswal NECO Industries has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jayaswal NECO Industries' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Jayaswal NECO Industries ranks #16 out of 593 companies for Gross Margin %. This places Jayaswal NECO Industries in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.60. Jayaswal NECO Industries' value of 61.47% is 387.9% above this benchmark. Historically, Jayaswal NECO Industries' own Gross Margin % has ranged from 16.78 to 60.89 over the past decade. While the company's 10-year median is 25.81 vs. the industry median of 12.60, Jayaswal NECO 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. Jayaswal NECO Industries's current Gross Margin % of 61.47% is 387.9% 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 Jayaswal NECO Industries and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jayaswal NECO Industries's current Gross Margin % is 61.47%, which is 138% above median its own 10-year median of 25.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jayaswal NECO Industries stock overvalued right now?
Based on GuruFocus' analysis, Jayaswal NECO Industries (BOM:522285) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹56.43, compared to a current price of ₹91.05 — trading 61.4% above its estimated fair value. The current Gross Margin % is 61.47%, which is 138% above median its 10-year median of 25.81 and 387.9% above the Steel industry median of 12.60. Jayaswal NECO Industries' overall GF Score™ is 56/100 with 1 warning sign 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 Jayaswal NECO Industries (BOM:522285), the current Gross Margin % is 61.47% 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 Jayaswal NECO Industries (BOM:522285) Overvalued in 2026?
Based on GuruFocus' analysis, Jayaswal NECO Industries stock appears to be overvalued.
The current stock price of ₹91.05 is trading 61.4% above its estimated GF Value™ of ₹56.43.
GuruFocus considers Jayaswal NECO Industries to be Significantly Overvalued.
Key valuation signals for BOM:522285:
Gross Margin %: 61.47% (138% above median its 10-year median of 25.81)
GF Value™: ₹56.43 vs. price of ₹91.05 (61.4% above fair value)
Industry Position: 387.9% above the Steel median (#16 of 593)
No single metric tells the full story. See the BOM:522285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jayaswal NECO Industries Ltd is engaged in the manufacture and supply of pig iron, sponge iron, pellet, steel, and Iron and steel casting. It specializes in the manufacture and supply of graded steels made in the form of billets, blooms and slabs from virgin metal. The company supplies steel in cast, rolled, wire, annealed, and bright bar forms catering to the demands of various engineering, industrial, construction, automotive, power, and railway industries. Its product-wise operating segments are Steel which derives key revenue, Iron and Steel Castings, and Others. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated from its business in India.
56GF Score
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