Thakkers Developers (BOM:526654) Gross Margin %: 36.80% (As of Mar. 2026) — 29% Below Median


BOM:526654 Thakkers Developers Ltd BOM:526654
67 GF Score
Price ₹116.20
GF Value ₹168.19
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Thakkers Developers Gross Margin %?

Thakkers Developers BOM:526654 -4.64% 67 Gross Margin % is 36.80% as of Mar. 2026, which is 29% below its 10-year median of 52.03. GuruFocus rates BOM:526654 with a GF Score™ of 67/100 and a GF Value™ of ₹168.19 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,642 Real Estate companies, Thakkers Developers ranks better than 58.34% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thakkers Developers's Gross Profit for the three months ended in Mar. 2026 was ₹17.6 Mil. Thakkers Developers's Revenue for the three months ended in Mar. 2026 was ₹47.8 Mil. Therefore, Thakkers Developers's Gross Margin % for the quarter that ended in Mar. 2026 was 36.80%.

Warning Sign:

Thakkers Developers Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


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

BOM:526654' s Gross Margin % Range Over the Past 10 Years
Min: 39.85   Med: 52.03   Max: 79.78
Current: 44.22


During the past 13 years, the highest Gross Margin % of Thakkers Developers was 79.78%. The lowest was 39.85%. And the median was 52.03%.

BOM:526654's Gross Margin % is ranked better than
58.34% of 1642 companies
in the Real Estate industry
Industry Median: 37 vs BOM:526654: 44.22

Thakkers Developers had a gross margin of 36.80% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Thakkers Developers was -3.20% per year.


Thakkers Developers  (BOM:526654) 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

Thakkers Developers had a gross margin of 36.80% 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.


Thakkers Developers Gross Margin % Related Terms


Thakkers Developers Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thakkers Developers'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.

Thakkers Developers Gross Margin % Chart

Thakkers Developers 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 51.07 43.84 39.85 52.99 44.22

Thakkers Developers 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 110.63 43.87 25.35 55.44 36.80

Thakkers Developers Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, Thakkers Developers'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.


Thakkers Developers Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thakkers Developers's Gross Margin % distribution charts can be found below:

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


BOM:526654
67GF Score
Thakkers Developers Ltd BOM:526654
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thakkers Developers Gross Margin % Calculation

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

Thakkers Developers'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 )
=153.3 / 346.656
=(Revenue - Cost of Goods Sold) / Revenue
=(346.656 - 193.351) / 346.656
=44.22 %

Thakkers Developers'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 )
=17.6 / 47.815
=(Revenue - Cost of Goods Sold) / Revenue
=(47.815 - 30.221) / 47.815
=36.80 %

* 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 36.80% mean?
Thakkers Developers (BOM:526654) has a Gross Margin % of 36.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thakkers Developers and its competitors. This is 29% below median its historical median of 52.03. Over the past decade, Thakkers Developers' Gross Margin % has ranged from 39.85 to 79.78. According to the industry distribution chart, Thakkers Developers ranks #684 out of 1642 companies in the Real Estate industry, placing it in the top 41.7%.
Is Thakkers Developers' Gross Margin % too high?
Thakkers Developers' current Gross Margin % of 36.80% is 29% below median its 10-year median of 52.03. Over the past 10 years, this metric has ranged from a low of 39.85 to a high of 79.78. The Real Estate industry median Gross Margin % is 37.00. Thakkers Developers' value of 36.80% is 0.5% below this industry median. Based on the distribution chart, Thakkers Developers ranks #684 out of 1642 companies in the Real Estate industry, which is above the industry midpoint. Overall, Thakkers Developers has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thakkers Developers' Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Thakkers Developers ranks #684 out of 1642 companies for Gross Margin %. This puts Thakkers Developers in the upper half of its industry. The industry median Gross Margin % is 37.00. Thakkers Developers' value of 36.80% is 0.5% below this benchmark. Historically, Thakkers Developers' own Gross Margin % has ranged from 39.85 to 79.78 over the past decade. While the company's 10-year median is 52.03 vs. the industry median of 37.00, Thakkers Developers has consistently been below 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 37.00, based on 1,642 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. Thakkers Developers's current Gross Margin % of 36.80% is 0.5% below 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 Thakkers Developers and its competitors. For the Real Estate industry, the median Gross Margin % is 37.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thakkers Developers's current Gross Margin % is 36.80%, which is 29% below median its own 10-year median of 52.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thakkers Developers stock overvalued right now?
Based on GuruFocus' analysis, Thakkers Developers (BOM:526654) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹168.19, compared to a current price of ₹116.20 — trading 30.9% below its estimated fair value. The current Gross Margin % is 36.80%, which is 29% below median its 10-year median of 52.03 and 0.5% below the Real Estate industry median of 37.00. Thakkers Developers' overall GF Score™ is 67/100 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 Thakkers Developers (BOM:526654), the current Gross Margin % is 36.80% 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 Thakkers Developers (BOM:526654) Overvalued in 2026?

Based on GuruFocus' analysis, Thakkers Developers stock appears to be undervalued. The current stock price of ₹116.20 is trading 30.9% below its estimated GF Value™ of ₹168.19. GuruFocus considers Thakkers Developers to be Significantly Undervalued.

Key valuation signals for BOM:526654:

  • Gross Margin %: 36.80% (29% below median its 10-year median of 52.03)
  • GF Value™: ₹168.19 vs. price of ₹116.20 (30.9% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 0.5% below the Real Estate median (#684 of 1642)

No single metric tells the full story. See the BOM:526654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thakkers Developers Business Description

Address Modi Street, 37/39, Kantol Niwas, Fort, Mumbai, MH, IND, 400 001
Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.
67GF Score

Get the complete analysis for BOM:526654

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

₹116.20
Price
₹168.19
GF Value