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Ashoka RefineriesBOM:526983 22 Gross Margin % is 7.14% as of Mar. 2026, which is 8% below its 10-year median of 7.77. GuruFocus rates BOM:526983 with a GF Score™ of 22/100 and a GF Value™ of ₹0.37 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 517 Conglomerates companies, Ashoka Refineries ranks worse than 92.65% on this metric.
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
Ashoka Refineries had a gross margin of 7.14% 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.
Ashoka Refineries Gross Margin % Related Terms
Ashoka Refineries Gross Margin % Historical Data
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The historical data trend for Ashoka Refineries'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.
For the Conglomerates subindustry, Ashoka Refineries'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.
Ashoka Refineries Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Ashoka Refineries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ashoka Refineries'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.
Ashoka Refineries (BOM:526983) has a Gross Margin % of 7.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ashoka Refineries and its competitors. This is near median its historical median of 7.77. Over the past decade, Ashoka Refineries' Gross Margin % has ranged from 4.11 to 9.75. According to the industry distribution chart, Ashoka Refineries ranks #479 out of 517 companies in the Conglomerates industry, placing it in the top 92.6%.
Is Ashoka Refineries' Gross Margin % too high?
Ashoka Refineries' current Gross Margin % of 7.14% is near median its 10-year median of 7.77. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 9.75. The Conglomerates industry median Gross Margin % is 25.98. Ashoka Refineries' value of 7.14% is 72.5% below this industry median. Based on the distribution chart, Ashoka Refineries ranks #479 out of 517 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Ashoka Refineries has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Refineries' Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ashoka Refineries ranks #479 out of 517 companies for Gross Margin %. This places Ashoka Refineries in the lower half of its industry. The industry median Gross Margin % is 25.98. Ashoka Refineries' value of 7.14% is 72.5% below this benchmark. Historically, Ashoka Refineries' own Gross Margin % has ranged from 4.11 to 9.75 over the past decade. While the company's 10-year median is 7.77 vs. the industry median of 25.98, Ashoka Refineries 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.98, based on 517 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. Ashoka Refineries's current Gross Margin % of 7.14% is 72.5% 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 Ashoka Refineries and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Refineries's current Gross Margin % is 7.14%, which is near median its own 10-year median of 7.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Refineries stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Refineries (BOM:526983) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.37, compared to a current price of ₹14.74 — trading 3883.8% above its estimated fair value. The current Gross Margin % is 7.14%, which is near median its 10-year median of 7.77 and 72.5% below the Conglomerates industry median of 25.98. Ashoka Refineries' overall GF Score™ is 22/100 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 Ashoka Refineries (BOM:526983), the current Gross Margin % is 7.14% 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 Ashoka Refineries (BOM:526983) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Refineries stock appears to be overvalued.
The current stock price of ₹14.74 is trading 3883.8% above its estimated GF Value™ of ₹0.37.
GuruFocus considers Ashoka Refineries to be Significantly Overvalued.
Key valuation signals for BOM:526983:
Gross Margin %: 7.14% (near median its 10-year median of 7.77)
GF Value™: ₹0.37 vs. price of ₹14.74 (3883.8% above fair value)
Industry Position: 72.5% below the Conglomerates median (#479 of 517)
No single metric tells the full story. See the BOM:526983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Refineries Ltd is engaged in the trading of goods and providing consultancy services. The company generates all of its revenue from the sale of goods.
22GF Score
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