Last Mile Enterprises (BOM:526961) Gross Margin %: 3.42% (As of Mar. 2026) — 60% Below Median

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BOM:526961 Last Mile Enterprises Ltd BOM:526961
53 GF Score
Price ₹5.67
GF Value ₹259.36
Valuation Possible Value Trap
! 2 Warning Signs
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What is Last Mile Enterprises Gross Margin %?

Last Mile Enterprises BOM:526961 +1.25% 53 Gross Margin % is 3.42% as of Mar. 2026, which is 60% below its 10-year median of 8.46. GuruFocus rates BOM:526961 with a GF Score™ of 53/100 and a GF Value™ of ₹259.36 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,453 Hardware companies, Last Mile Enterprises ranks worse than 94.9% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Last Mile Enterprises's Gross Profit for the three months ended in Mar. 2026 was ₹66 Mil. Last Mile Enterprises's Revenue for the three months ended in Mar. 2026 was ₹1,915 Mil. Therefore, Last Mile Enterprises's Gross Margin % for the quarter that ended in Mar. 2026 was 3.42%.


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

BOM:526961' s Gross Margin % Range Over the Past 10 Years
Min: 1.28   Med: 8.46   Max: 100.3
Current: 3.7


During the past 8 years, the highest Gross Margin % of Last Mile Enterprises was 100.30%. The lowest was 1.28%. And the median was 8.46%.

BOM:526961's Gross Margin % is ranked worse than
94.9% of 2453 companies
in the Hardware industry
Industry Median: 24.49 vs BOM:526961: 3.70

Last Mile Enterprises had a gross margin of 3.42% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

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


Last Mile Enterprises  (BOM:526961) 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

Last Mile Enterprises had a gross margin of 3.42% 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.


Last Mile Enterprises Gross Margin % Related Terms


Last Mile Enterprises Gross Margin % Historical Data

* Premium members only.

The historical data trend for Last Mile Enterprises'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.

Last Mile Enterprises Gross Margin % Chart

Last Mile Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 0.00 100.30 6.98 9.94 1.28

Last Mile Enterprises 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 2.09 0.94 7.39 5.21 3.42

BOM:526961 vs AAPL: Gross Margin % Comparison

For the Consumer Electronics subindustry, Last Mile Enterprises'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.


Last Mile Enterprises Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Last Mile Enterprises's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Last Mile Enterprises's Gross Margin % falls into.


BOM:526961
53GF Score
Last Mile Enterprises Ltd BOM:526961
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Last Mile Enterprises Gross Margin % Calculation

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

Last Mile Enterprises'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 )
=331.8 / 25924.205
=(Revenue - Cost of Goods Sold) / Revenue
=(25924.205 - 25592.453) / 25924.205
=1.28 %

Last Mile Enterprises'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 )
=65.5 / 1914.517
=(Revenue - Cost of Goods Sold) / Revenue
=(1914.517 - 1848.991) / 1914.517
=3.42 %

* 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 3.42% mean?
Last Mile Enterprises (BOM:526961) has a Gross Margin % of 3.42% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Last Mile Enterprises and its competitors. This is 60% below median its historical median of 8.46. Over the past decade, Last Mile Enterprises' Gross Margin % has ranged from 1.28 to 100.30. According to the industry distribution chart, Last Mile Enterprises ranks #2328 out of 2453 companies in the Hardware industry, placing it in the top 94.9%.
Is Last Mile Enterprises' Gross Margin % too high?
Last Mile Enterprises' current Gross Margin % of 3.42% is 60% below median its 10-year median of 8.46. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 100.30. The Hardware industry median Gross Margin % is 24.49. Last Mile Enterprises' value of 3.42% is 86% below this industry median. Based on the distribution chart, Last Mile Enterprises ranks #2328 out of 2453 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Last Mile Enterprises has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Last Mile Enterprises' Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, Last Mile Enterprises ranks #2328 out of 2453 companies for Gross Margin %. This places Last Mile Enterprises in the lower half of its industry. The industry median Gross Margin % is 24.49. Last Mile Enterprises' value of 3.42% is 86% below this benchmark. Historically, Last Mile Enterprises' own Gross Margin % has ranged from 1.28 to 100.30 over the past decade. While the company's 10-year median is 8.46 vs. the industry median of 24.49, Last Mile Enterprises 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.49, based on 2,453 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. Last Mile Enterprises's current Gross Margin % of 3.42% is 86% 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 Last Mile Enterprises and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Last Mile Enterprises's current Gross Margin % is 3.42%, which is 60% below median its own 10-year median of 8.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Last Mile Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Last Mile Enterprises (BOM:526961) is currently considered Possible Value Trap. The stock's GF Value™ is ₹259.36, compared to a current price of ₹5.67 — trading 97.8% below its estimated fair value. The current Gross Margin % is 3.42%, which is 60% below median its 10-year median of 8.46 and 86% below the Hardware industry median of 24.49. Last Mile Enterprises' overall GF Score™ is 53/100 with 2 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 Last Mile Enterprises (BOM:526961), the current Gross Margin % is 3.42% 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 Last Mile Enterprises (BOM:526961) Overvalued in 2026?

Based on GuruFocus' analysis, Last Mile Enterprises stock appears to be undervalued. The current stock price of ₹5.67 is trading 97.8% below its estimated GF Value™ of ₹259.36. GuruFocus considers Last Mile Enterprises to be Possible Value Trap.

Key valuation signals for BOM:526961:

  • Gross Margin %: 3.42% (60% below median its 10-year median of 8.46)
  • GF Value™: ₹259.36 vs. price of ₹5.67 (97.8% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 86% below the Hardware median (#2328 of 2453)

No single metric tells the full story. See the BOM:526961 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Last Mile Enterprises Business Description

Address Vaghela Avenue, 4th Floor, Near Havmore Restaurant, Navrangpura, Ahmedabad, GJ, IND, 380009
Last Mile Enterprises Ltd is an Indian company engaged in the business of real estate and related business and services. Along with its subsidiaries, the company operates in two reporting segments, viz. Real Estates and Other Related Services; and Business of Mobile Accessories, Gadgets and Other Related Items. The majority of its revenue is generated from the Mobile Accessories, Gadgets and Other Related Items business.
53GF Score

Get the complete analysis for BOM:526961

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

₹5.67
Price
₹259.36
GF Value