Balmer Lawrie (BOM:523319) Gross Margin %: 34.38% (As of Mar. 2026) — Near Median


BOM:523319 Balmer Lawrie & Co Ltd BOM:523319
81 GF Score
Price ₹179.60
GF Value ₹231.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Balmer Lawrie Gross Margin %?

Balmer Lawrie BOM:523319 +1.70% 81 Gross Margin % is 34.38% as of Mar. 2026, which is 4% above its 10-year median of 33.03. GuruFocus rates BOM:523319 with a GF Score™ of 81/100 and a GF Value™ of ₹231.37 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 517 Conglomerates companies, Balmer Lawrie ranks better than 69.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Balmer Lawrie's Gross Profit for the three months ended in Mar. 2026 was ₹2,557 Mil. Balmer Lawrie's Revenue for the three months ended in Mar. 2026 was ₹7,439 Mil. Therefore, Balmer Lawrie's Gross Margin % for the quarter that ended in Mar. 2026 was 34.38%.


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

BOM:523319' s Gross Margin % Range Over the Past 10 Years
Min: 25.27   Med: 33.03   Max: 35.2
Current: 34.77


During the past 13 years, the highest Gross Margin % of Balmer Lawrie was 35.20%. The lowest was 25.27%. And the median was 33.03%.

BOM:523319's Gross Margin % is ranked better than
69.63% of 517 companies
in the Conglomerates industry
Industry Median: 25.98 vs BOM:523319: 34.77

Balmer Lawrie had a gross margin of 34.38% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Balmer Lawrie was 3.90% per year.


Balmer Lawrie  (BOM:523319) 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

Balmer Lawrie had a gross margin of 34.38% 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.


Balmer Lawrie Gross Margin % Related Terms


Balmer Lawrie Gross Margin % Historical Data

* Premium members only.

The historical data trend for Balmer Lawrie'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.

Balmer Lawrie Gross Margin % Chart

Balmer Lawrie 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 26.60 25.27 28.14 34.18 34.77

Balmer Lawrie 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 37.80 34.25 34.94 35.60 34.38

BOM:523319 vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Balmer Lawrie'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.


Balmer Lawrie Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Balmer Lawrie's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Balmer Lawrie's Gross Margin % falls into.


BOM:523319
81GF Score
Balmer Lawrie & Co Ltd BOM:523319
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Balmer Lawrie Gross Margin % Calculation

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

Balmer Lawrie'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 )
=9448 / 27170.037
=(Revenue - Cost of Goods Sold) / Revenue
=(27170.037 - 17722.062) / 27170.037
=34.77 %

Balmer Lawrie'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 )
=2557.3 / 7439.133
=(Revenue - Cost of Goods Sold) / Revenue
=(7439.133 - 4881.801) / 7439.133
=34.38 %

* 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 34.38% mean?
Balmer Lawrie (BOM:523319) has a Gross Margin % of 34.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Balmer Lawrie and its competitors. This is near median its historical median of 33.03. Over the past decade, Balmer Lawrie's Gross Margin % has ranged from 25.27 to 35.20. According to the industry distribution chart, Balmer Lawrie ranks #157 out of 517 companies in the Conglomerates industry, placing it in the top 30.4%.
Is Balmer Lawrie's Gross Margin % too high?
Balmer Lawrie's current Gross Margin % of 34.38% is near median its 10-year median of 33.03. Over the past 10 years, this metric has ranged from a low of 25.27 to a high of 35.20. The Conglomerates industry median Gross Margin % is 25.98. Balmer Lawrie's value of 34.38% is 32.3% above this industry median. Based on the distribution chart, Balmer Lawrie ranks #157 out of 517 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Balmer Lawrie has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balmer Lawrie's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Balmer Lawrie ranks #157 out of 517 companies for Gross Margin %. This puts Balmer Lawrie in the upper half of its industry. The industry median Gross Margin % is 25.98. Balmer Lawrie's value of 34.38% is 32.3% above this benchmark. Historically, Balmer Lawrie's own Gross Margin % has ranged from 25.27 to 35.20 over the past decade. While the company's 10-year median is 33.03 vs. the industry median of 25.98, Balmer Lawrie 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.98, based on 517 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. Balmer Lawrie's current Gross Margin % of 34.38% is 32.3% 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 Balmer Lawrie and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balmer Lawrie's current Gross Margin % is 34.38%, which is near median its own 10-year median of 33.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balmer Lawrie stock overvalued right now?
Based on GuruFocus' analysis, Balmer Lawrie (BOM:523319) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹231.37, compared to a current price of ₹179.60 — trading 22.4% below its estimated fair value. The current Gross Margin % is 34.38%, which is near median its 10-year median of 33.03 and 32.3% above the Conglomerates industry median of 25.98. Balmer Lawrie's overall GF Score™ is 81/100 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 Balmer Lawrie (BOM:523319), the current Gross Margin % is 34.38% 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 Balmer Lawrie (BOM:523319) Overvalued in 2026?

Based on GuruFocus' analysis, Balmer Lawrie stock appears to be undervalued. The current stock price of ₹179.60 is trading 22.4% below its estimated GF Value™ of ₹231.37. GuruFocus considers Balmer Lawrie to be Modestly Undervalued.

Key valuation signals for BOM:523319:

  • Gross Margin %: 34.38% (near median its 10-year median of 33.03)
  • GF Value™: ₹231.37 vs. price of ₹179.60 (22.4% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 32.3% above the Conglomerates median (#157 of 517)

No single metric tells the full story. See the BOM:523319 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balmer Lawrie Business Description

Other Exchanges BALMLAWRIE:India
Address 21, Netaji Subhas Road, Kolkata, WB, IND, 700001
Balmer Lawrie & Co Ltd operates through various segments namely Industrial Packaging, Logistics Infrastructure, Logistic Services, Travel and Vacations, Greases and Lubricants, and Others. The company generates a majority of its revenue from the Industrial Packaging segment followed by the Greases and Lubricants segment.
81GF Score

Get the complete analysis for BOM:523319

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

₹179.60
Price
₹231.37
GF Value