Tirupati Starch & Chemicals (BOM:524582) Gross Margin %: 32.97% (As of Mar. 2026) — 157% Above Median

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BOM:524582 Tirupati Starch & Chemicals Ltd BOM:524582
59 GF Score
Price ₹166.00
GF Value ₹159.56
Valuation Fairly Valued
! 5 Warning Signs
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What is Tirupati Starch & Chemicals Gross Margin %?

Tirupati Starch & Chemicals BOM:524582 +3.75% 59 Gross Margin % is 32.97% as of Mar. 2026, which is 157% above its 10-year median of 12.83. GuruFocus rates BOM:524582 with a GF Score™ of 59/100 and a GF Value™ of ₹159.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, Tirupati Starch & Chemicals ranks better than 57.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tirupati Starch & Chemicals's Gross Profit for the three months ended in Mar. 2026 was ₹296 Mil. Tirupati Starch & Chemicals's Revenue for the three months ended in Mar. 2026 was ₹899 Mil. Therefore, Tirupati Starch & Chemicals's Gross Margin % for the quarter that ended in Mar. 2026 was 32.97%.


The historical rank and industry rank for Tirupati Starch & Chemicals's Gross Margin % or its related term are showing as below:

BOM:524582' s Gross Margin % Range Over the Past 10 Years
Min: 8.81   Med: 12.83   Max: 29.57
Current: 29.57


During the past 13 years, the highest Gross Margin % of Tirupati Starch & Chemicals was 29.57%. The lowest was 8.81%. And the median was 12.83%.

BOM:524582's Gross Margin % is ranked better than
57.6% of 1908 companies
in the Consumer Packaged Goods industry
Industry Median: 26.345 vs BOM:524582: 29.57

Tirupati Starch & Chemicals had a gross margin of 32.97% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tirupati Starch & Chemicals was 21.80% per year.


Tirupati Starch & Chemicals  (BOM:524582) 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

Tirupati Starch & Chemicals had a gross margin of 32.97% 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.


Tirupati Starch & Chemicals Gross Margin % Related Terms


Tirupati Starch & Chemicals Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tirupati Starch & Chemicals'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.

Tirupati Starch & Chemicals Gross Margin % Chart

Tirupati Starch & Chemicals 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 14.36 12.88 14.77 26.15 29.57

Tirupati Starch & Chemicals 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 20.34 29.58 25.60 30.09 32.97

BOM:524582 vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Tirupati Starch & Chemicals'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.


Tirupati Starch & Chemicals Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tirupati Starch & Chemicals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tirupati Starch & Chemicals's Gross Margin % falls into.


BOM:524582
59GF Score
Tirupati Starch & Chemicals Ltd BOM:524582
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirupati Starch & Chemicals Gross Margin % Calculation

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

Tirupati Starch & Chemicals'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 )
=1074.1 / 3632.596
=(Revenue - Cost of Goods Sold) / Revenue
=(3632.596 - 2558.462) / 3632.596
=29.57 %

Tirupati Starch & Chemicals'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 )
=296.3 / 898.61
=(Revenue - Cost of Goods Sold) / Revenue
=(898.61 - 602.298) / 898.61
=32.97 %

* 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 32.97% mean?
Tirupati Starch & Chemicals (BOM:524582) has a Gross Margin % of 32.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tirupati Starch & Chemicals and its competitors. This is 157% above median its historical median of 12.83. Over the past decade, Tirupati Starch & Chemicals' Gross Margin % has ranged from 8.81 to 29.57. According to the industry distribution chart, Tirupati Starch & Chemicals ranks #809 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 42.4%.
Is Tirupati Starch & Chemicals' Gross Margin % too high?
Tirupati Starch & Chemicals' current Gross Margin % of 32.97% is 157% above median its 10-year median of 12.83. Over the past 10 years, this metric has ranged from a low of 8.81 to a high of 29.57. The Consumer Packaged Goods industry median Gross Margin % is 26.35. Tirupati Starch & Chemicals' value of 32.97% is 25.1% above this industry median. Based on the distribution chart, Tirupati Starch & Chemicals ranks #809 out of 1908 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tirupati Starch & Chemicals has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tirupati Starch & Chemicals' Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tirupati Starch & Chemicals ranks #809 out of 1908 companies for Gross Margin %. This puts Tirupati Starch & Chemicals in the upper half of its industry. The industry median Gross Margin % is 26.35. Tirupati Starch & Chemicals' value of 32.97% is 25.1% above this benchmark. Historically, Tirupati Starch & Chemicals' own Gross Margin % has ranged from 8.81 to 29.57 over the past decade. While the company's 10-year median is 12.83 vs. the industry median of 26.35, Tirupati Starch & Chemicals 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.35, based on 1,908 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. Tirupati Starch & Chemicals's current Gross Margin % of 32.97% is 25.1% 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 Tirupati Starch & Chemicals and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirupati Starch & Chemicals's current Gross Margin % is 32.97%, which is 157% above median its own 10-year median of 12.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirupati Starch & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Tirupati Starch & Chemicals (BOM:524582) is currently considered Fairly Valued. The stock's GF Value™ is ₹159.56, compared to a current price of ₹166.00 — trading 4% above its estimated fair value. The current Gross Margin % is 32.97%, which is 157% above median its 10-year median of 12.83 and 25.1% above the Consumer Packaged Goods industry median of 26.35. Tirupati Starch & Chemicals' overall GF Score™ is 59/100 with 5 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 Tirupati Starch & Chemicals (BOM:524582), the current Gross Margin % is 32.97% 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 Tirupati Starch & Chemicals (BOM:524582) Overvalued in 2026?

Based on GuruFocus' analysis, Tirupati Starch & Chemicals stock appears to be overvalued. The current stock price of ₹166.00 is trading 4% above its estimated GF Value™ of ₹159.56. GuruFocus considers Tirupati Starch & Chemicals to be Fairly Valued.

Key valuation signals for BOM:524582:

  • Gross Margin %: 32.97% (157% above median its 10-year median of 12.83)
  • GF Value™: ₹159.56 vs. price of ₹166.00 (4% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 25.1% above the Consumer Packaged Goods median (#809 of 1908)

No single metric tells the full story. See the BOM:524582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tirupati Starch & Chemicals Business Description

Address 12, Agrawal Nagar, Main Road, Shreeram Chambers, 1st Floor, Indore, MP, IND, 452001
Tirupati Starch & Chemicals Ltd operates in the starch industry. The company is engaged in developing, manufacturing, and distribution of Maize Starch Powder, Dextrose Anhydrous, Starch, White Dextrin, and Yellow Dextrin as its main products and its by-products in local as well as international markets.
59GF Score

Get the complete analysis for BOM:524582

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

₹166.00
Price
₹159.56
GF Value