Mirza InternationalBOM:526642 -2.29%63 Gross Margin % is 34.76% as of Mar. 2026, which is 15% below its 10-year median of 40.87. GuruFocus rates BOM:526642 with a GF Score™ of 63/100 and a GF Value™ of ₹35.23 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Mirza International ranks better than 63.67% on this metric.
Mirza International Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.
The historical rank and industry rank for Mirza International's Gross Margin % or its related term are showing as below:
BOM:526642'
s Gross Margin % Range Over the Past 10 Years
Min: 36.72 Med: 40.87 Max: 48.28
Current: 39.2
During the past 13 years, the highestGross Margin % of Mirza International was 48.28%. The lowest was 36.72%. And the median was 40.87%.
BOM:526642's Gross Margin % is ranked better than 63.67% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.415
vs BOM:526642: 39.20
Mirza International had a gross margin of 34.76% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Mirza International was -1.10% per year.
Mirza International (BOM:526642) 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
Mirza International had a gross margin of 34.76% 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.
Mirza International Gross Margin % Related Terms
Mirza International Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mirza International'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.
BOM:526642 vs NKE, DECK, ONON: Gross Margin % Comparison
For the Footwear & Accessories subindustry, Mirza International'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.
Mirza International Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mirza International's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mirza International'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.
Mirza International (BOM:526642) has a Gross Margin % of 34.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mirza International and its competitors. This is 15% below median its historical median of 40.87. Over the past decade, Mirza International's Gross Margin % has ranged from 36.72 to 48.28. According to the industry distribution chart, Mirza International ranks #372 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.3%.
Is Mirza International's Gross Margin % too high?
Mirza International's current Gross Margin % of 34.76% is 15% below median its 10-year median of 40.87. Over the past 10 years, this metric has ranged from a low of 36.72 to a high of 48.28. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.42. Mirza International's value of 34.76% is 22.3% above this industry median. Based on the distribution chart, Mirza International ranks #372 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Mirza International has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mirza International's Gross Margin % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mirza International ranks #372 out of 1024 companies for Gross Margin %. This puts Mirza International in the upper half of its industry. The industry median Gross Margin % is 28.42. Mirza International's value of 34.76% is 22.3% above this benchmark. Historically, Mirza International's own Gross Margin % has ranged from 36.72 to 48.28 over the past decade. While the company's 10-year median is 40.87 vs. the industry median of 28.42, Mirza International 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.42, based on 1,024 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. Mirza International's current Gross Margin % of 34.76% is 22.3% 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 Mirza International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirza International's current Gross Margin % is 34.76%, which is 15% below median its own 10-year median of 40.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirza International stock overvalued right now?
Based on GuruFocus' analysis, Mirza International (BOM:526642) is currently considered Fairly Valued. The stock's GF Value™ is ₹35.23, compared to a current price of ₹34.20 — trading 2.9% below its estimated fair value. The current Gross Margin % is 34.76%, which is 15% below median its 10-year median of 40.87 and 22.3% above the Manufacturing - Apparel & Accessories industry median of 28.42. Mirza International's overall GF Score™ is 63/100 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 Mirza International (BOM:526642), the current Gross Margin % is 34.76% 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 Mirza International (BOM:526642) Overvalued in 2026?
Based on GuruFocus' analysis, Mirza International stock appears to be undervalued.
The current stock price of ₹34.20 is trading 2.9% below its estimated GF Value™ of ₹35.23.
GuruFocus considers Mirza International to be Fairly Valued.
Key valuation signals for BOM:526642:
Gross Margin %: 34.76% (15% below median its 10-year median of 40.87)
GF Value™: ₹35.23 vs. price of ₹34.20 (2.9% below fair value)
Industry Position: 22.3% above the Manufacturing - Apparel & Accessories median (#372 of 1024)
No single metric tells the full story. See the BOM:526642 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirza International Ltd is engaged in the manufacturing and marketing of leather footwear and finished leather. The business segments of the company include the Footwear division and Tannery Division, where the majority is generated from Footwear. Geographically, the company generates the majority of its revenue from the UK. The brands of the company include Thomas Crick, Off the Hook, and Oaktrak.
63GF Score
Get the complete analysis for BOM:526642
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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