IEL (BOM:524614) Gross Margin %: 0.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:524614 IEL Ltd BOM:524614
36 GF Score
Price ₹6.48
GF Value ₹0.28
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is IEL Gross Margin %?

IEL BOM:524614 -1.07% 36 Gross Margin % is 0.00% as of Mar. 2026. GuruFocus rates BOM:524614 with a GF Score™ of 36/100 and a GF Value™ of ₹0.28 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,559 Chemicals companies, IEL ranks worse than 64143.62% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. IEL's Gross Profit for the three months ended in Mar. 2026 was ₹4.20 Mil. IEL's Revenue for the three months ended in Mar. 2026 was ₹4.20 Mil. Therefore, IEL's Gross Margin % for the quarter that ended in Mar. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of IEL was 20.48%. The lowest was 3.37%. And the median was 6.72%.

BOM:524614's Gross Margin % is not ranked *
in the Chemicals industry.
Industry Median: 23.52
* Ranked among companies with meaningful Gross Margin % only.

IEL had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IEL was 0.00% per year.


IEL  (BOM:524614) 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

IEL had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable 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.


IEL Gross Margin % Related Terms


IEL Gross Margin % Historical Data

* Premium members only.

The historical data trend for IEL'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.

IEL Gross Margin % Chart

IEL 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 6.78 19.93 5.18 20.48 0.00

IEL 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 0.00 0.00 0.00 0.00 0.00

BOM:524614 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, IEL'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.


IEL Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, IEL's Gross Margin % distribution charts can be found below:

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


BOM:524614
36GF Score
IEL Ltd BOM:524614
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IEL Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

IEL'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 )
=9.7 / 9.7
=(Revenue - Cost of Goods Sold) / Revenue
=(9.7 - 0) / 9.7
=N/A %

IEL'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 )
=4.2 / 4.2
=(Revenue - Cost of Goods Sold) / Revenue
=(4.2 - 0) / 4.2
=N/A %

* 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 0.00% mean?
IEL (BOM:524614) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IEL and its competitors. Over the past decade, IEL's Gross Margin % has ranged from 3.37 to 20.48. According to the industry distribution chart, IEL ranks #999999 out of 1559 companies in the Chemicals industry.
Is IEL's Gross Margin % too high?
IEL's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 3.37 to a high of 20.48. Based on the distribution chart, IEL ranks #999999 out of 1559 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, IEL has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IEL's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, IEL ranks #999999 out of 1559 companies for Gross Margin %. This places IEL in the lower half of its industry. The industry median Gross Margin % is 23.52. Historically, IEL's own Gross Margin % has ranged from 3.37 to 20.48 over the past decade. 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.52, based on 1,559 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. 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 IEL and its competitors. For the Chemicals industry, the median Gross Margin % is 23.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IEL's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IEL stock overvalued right now?
Based on GuruFocus' analysis, IEL (BOM:524614) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.28, compared to a current price of ₹6.48 — trading 2214.3% above its estimated fair value. The current Gross Margin % is 0.00%. IEL's overall GF Score™ is 36/100 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 IEL (BOM:524614), the current Gross Margin % is 0.00% 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 IEL (BOM:524614) Overvalued in 2026?

Based on GuruFocus' analysis, IEL stock appears to be overvalued. The current stock price of ₹6.48 is trading 2214.3% above its estimated GF Value™ of ₹0.28. GuruFocus considers IEL to be Significantly Overvalued.

Key valuation signals for BOM:524614:

  • Gross Margin %: 0.00%
  • GF Value™: ₹0.28 vs. price of ₹6.48 (2214.3% above fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the BOM:524614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IEL Business Description

Address Shed No. 15, Shyam Hari Industrial Estate, Phase 4, GIDC, Vatva, Ahmedabad, GJ, IND, 382445
IEL Ltd is in the business of manufacturing, trading and marketing of all kinds of chemicals, pharmaceuticals, drug intermediates, etc., as also into the business or trade or activities of providing services in the areas of warehousing, leasing, renting, hire-purchase, market support services, distributors, information technology consultancy or related products, health or medical services, business support services, advisory or research services in any field, industrial or project consultancy and outsourcing activities of any nature.
36GF Score

Get the complete analysis for BOM:524614

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

₹6.48
Price
₹0.28
GF Value