Ecoboard Industries (BOM:523732) Gross Margin %: 36.53% (As of Mar. 2026) — 57% Above Median


BOM:523732 Ecoboard Industries Ltd BOM:523732
44 GF Score
Price ₹56.50
GF Value ₹20.74
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ecoboard Industries Gross Margin %?

Ecoboard Industries BOM:523732 +1.15% 44 Gross Margin % is 36.53% as of Mar. 2026, which is 57% above its 10-year median of 23.20. GuruFocus rates BOM:523732 with a GF Score™ of 44/100 and a GF Value™ of ₹20.74 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 279 Forest Products companies, Ecoboard Industries ranks better than 86.38% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ecoboard Industries's Gross Profit for the three months ended in Mar. 2026 was ₹28.8 Mil. Ecoboard Industries's Revenue for the three months ended in Mar. 2026 was ₹78.9 Mil. Therefore, Ecoboard Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 36.53%.


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

BOM:523732' s Gross Margin % Range Over the Past 10 Years
Min: -16.64   Med: 23.2   Max: 46.56
Current: 46.56


During the past 13 years, the highest Gross Margin % of Ecoboard Industries was 46.56%. The lowest was -16.64%. And the median was 23.20%.

BOM:523732's Gross Margin % is ranked better than
86.38% of 279 companies
in the Forest Products industry
Industry Median: 18.89 vs BOM:523732: 46.56

Ecoboard Industries had a gross margin of 36.53% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ecoboard Industries was 13.00% per year.


Ecoboard Industries  (BOM:523732) 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

Ecoboard Industries had a gross margin of 36.53% 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.


Ecoboard Industries Gross Margin % Related Terms


Ecoboard Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ecoboard Industries'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.

Ecoboard Industries Gross Margin % Chart

Ecoboard Industries 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 24.27 24.47 16.05 33.74 46.56

Ecoboard Industries 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 16.85 52.27 24.69 65.24 36.53

BOM:523732 vs SSD, UFPI, BCC: Gross Margin % Comparison

For the Lumber & Wood Production subindustry, Ecoboard 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.


Ecoboard Industries Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecoboard Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ecoboard Industries's Gross Margin % falls into.


BOM:523732
44GF Score
Ecoboard Industries Ltd BOM:523732
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecoboard Industries Gross Margin % Calculation

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

Ecoboard Industries'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 )
=111.3 / 239.053
=(Revenue - Cost of Goods Sold) / Revenue
=(239.053 - 127.757) / 239.053
=46.56 %

Ecoboard Industries'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 )
=28.8 / 78.878
=(Revenue - Cost of Goods Sold) / Revenue
=(78.878 - 50.066) / 78.878
=36.53 %

* 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 36.53% mean?
Ecoboard Industries (BOM:523732) has a Gross Margin % of 36.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ecoboard Industries and its competitors. This is 57% above median its historical median of 23.20. According to the industry distribution chart, Ecoboard Industries ranks #38 out of 279 companies in the Forest Products industry, placing it in the top 13.6%.
Is Ecoboard Industries' Gross Margin % too high?
Ecoboard Industries' current Gross Margin % of 36.53% is 57% above median its 10-year median of 23.20. The Forest Products industry median Gross Margin % is 18.89. Ecoboard Industries' value of 36.53% is 93.4% above this industry median. Based on the distribution chart, Ecoboard Industries ranks #38 out of 279 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ecoboard Industries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecoboard Industries' Gross Margin % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Ecoboard Industries ranks #38 out of 279 companies for Gross Margin %. This places Ecoboard Industries in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 18.89. Ecoboard Industries' value of 36.53% is 93.4% above this benchmark. While the company's 10-year median is 23.20 vs. the industry median of 18.89, Ecoboard 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 18.89, based on 279 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. Ecoboard Industries's current Gross Margin % of 36.53% is 93.4% 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 Ecoboard Industries and its competitors. For the Forest Products industry, the median Gross Margin % is 18.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoboard Industries's current Gross Margin % is 36.53%, which is 57% above median its own 10-year median of 23.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoboard Industries stock overvalued right now?
Based on GuruFocus' analysis, Ecoboard Industries (BOM:523732) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.74, compared to a current price of ₹56.50 — trading 172.4% above its estimated fair value. The current Gross Margin % is 36.53%, which is 57% above median its 10-year median of 23.20 and 93.4% above the Forest Products industry median of 18.89. Ecoboard Industries' overall GF Score™ is 44/100 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 Ecoboard Industries (BOM:523732), the current Gross Margin % is 36.53% 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 Ecoboard Industries (BOM:523732) Overvalued in 2026?

Based on GuruFocus' analysis, Ecoboard Industries stock appears to be overvalued. The current stock price of ₹56.50 is trading 172.4% above its estimated GF Value™ of ₹20.74. GuruFocus considers Ecoboard Industries to be Significantly Overvalued.

Key valuation signals for BOM:523732:

  • Gross Margin %: 36.53% (57% above median its 10-year median of 23.20)
  • GF Value™: ₹20.74 vs. price of ₹56.50 (172.4% above fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 93.4% above the Forest Products median (#38 of 279)

No single metric tells the full story. See the BOM:523732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ecoboard Industries Business Description

Address Karve Road, 65/1A, Ecohouse, Akarshak Building, Opposite Nal Stop, Pune, MH, IND, 411004
Ecoboard Industries Ltd manufactures and sells laminated particle boards in India. It has two business divisions: EcoBuild and EcoEnergy. The company's EcoBuild division is engaged in providing particle boards made from agri-residues mainly bagasse which have application in internal walls, internal ceilings, doors, structural flooring, shelves, etc. Its EcoEnergy division is engaged in providing clean energy solutions through wastewater treatment plants for distilleries and other industries. The company's particle boards are marketed under the brand name of Ecoboard. The firm has the following reportable segments; the Eco Energy (Bio Systems) segment which derives maximum revenue, and the Eco Build (Particle Boards) segment.
44GF Score

Get the complete analysis for BOM:523732

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

₹56.50
Price
₹20.74
GF Value