Ashish Polyplast (BOM:530429) Gross Margin %: 14.44% (As of Mar. 2026) — Near Median

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BOM:530429 Ashish Polyplast Ltd BOM:530429
55 GF Score
Price ₹29.25
GF Value ₹33.60
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ashish Polyplast Gross Margin %?

Ashish Polyplast BOM:530429 -1.75% 55 Gross Margin % is 14.44% as of Mar. 2026, which is 3% above its 10-year median of 14.06. GuruFocus rates BOM:530429 with a GF Score™ of 55/100 and a GF Value™ of ₹33.60 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,559 Chemicals companies, Ashish Polyplast ranks worse than 71.58% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ashish Polyplast's Gross Profit for the three months ended in Mar. 2026 was ₹5.8 Mil. Ashish Polyplast's Revenue for the three months ended in Mar. 2026 was ₹40.5 Mil. Therefore, Ashish Polyplast's Gross Margin % for the quarter that ended in Mar. 2026 was 14.44%.


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

BOM:530429' s Gross Margin % Range Over the Past 10 Years
Min: 12.05   Med: 14.06   Max: 15.2
Current: 14.89


During the past 13 years, the highest Gross Margin % of Ashish Polyplast was 15.20%. The lowest was 12.05%. And the median was 14.06%.

BOM:530429's Gross Margin % is ranked worse than
71.58% of 1559 companies
in the Chemicals industry
Industry Median: 23.52 vs BOM:530429: 14.89

Ashish Polyplast had a gross margin of 14.44% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ashish Polyplast was 3.80% per year.


Ashish Polyplast  (BOM:530429) 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

Ashish Polyplast had a gross margin of 14.44% 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.


Ashish Polyplast Gross Margin % Related Terms


Ashish Polyplast Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ashish Polyplast'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.

Ashish Polyplast Gross Margin % Chart

Ashish Polyplast 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 12.05 12.92 13.82 14.53 14.89

Ashish Polyplast 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 11.46 14.03 15.26 15.93 14.44

BOM:530429 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Ashish Polyplast'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.


Ashish Polyplast Gross Margin % vs Chemicals Industry

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

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


BOM:530429
55GF Score
Ashish Polyplast Ltd BOM:530429
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashish Polyplast Gross Margin % Calculation

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

Ashish Polyplast'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 )
=22.4 / 150.206
=(Revenue - Cost of Goods Sold) / Revenue
=(150.206 - 127.842) / 150.206
=14.89 %

Ashish Polyplast'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 )
=5.8 / 40.495
=(Revenue - Cost of Goods Sold) / Revenue
=(40.495 - 34.649) / 40.495
=14.44 %

* 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 14.44% mean?
Ashish Polyplast (BOM:530429) has a Gross Margin % of 14.44% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ashish Polyplast and its competitors. This is near median its historical median of 14.06. Over the past decade, Ashish Polyplast's Gross Margin % has ranged from 12.05 to 15.20. According to the industry distribution chart, Ashish Polyplast ranks #1116 out of 1559 companies in the Chemicals industry, placing it in the top 71.6%.
Is Ashish Polyplast's Gross Margin % too high?
Ashish Polyplast's current Gross Margin % of 14.44% is near median its 10-year median of 14.06. Over the past 10 years, this metric has ranged from a low of 12.05 to a high of 15.20. The Chemicals industry median Gross Margin % is 23.52. Ashish Polyplast's value of 14.44% is 38.6% below this industry median. Based on the distribution chart, Ashish Polyplast ranks #1116 out of 1559 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ashish Polyplast has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashish Polyplast's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ashish Polyplast ranks #1116 out of 1559 companies for Gross Margin %. This places Ashish Polyplast in the lower half of its industry. The industry median Gross Margin % is 23.52. Ashish Polyplast's value of 14.44% is 38.6% below this benchmark. Historically, Ashish Polyplast's own Gross Margin % has ranged from 12.05 to 15.20 over the past decade. While the company's 10-year median is 14.06 vs. the industry median of 23.52, Ashish Polyplast 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 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. Ashish Polyplast's current Gross Margin % of 14.44% is 38.6% 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 Ashish Polyplast 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. Ashish Polyplast's current Gross Margin % is 14.44%, which is near median its own 10-year median of 14.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashish Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Ashish Polyplast (BOM:530429) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.60, compared to a current price of ₹29.25 — trading 12.9% below its estimated fair value. The current Gross Margin % is 14.44%, which is near median its 10-year median of 14.06 and 38.6% below the Chemicals industry median of 23.52. Ashish Polyplast's overall GF Score™ is 55/100 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 Ashish Polyplast (BOM:530429), the current Gross Margin % is 14.44% 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 Ashish Polyplast (BOM:530429) Overvalued in 2026?

Based on GuruFocus' analysis, Ashish Polyplast stock appears to be undervalued. The current stock price of ₹29.25 is trading 12.9% below its estimated GF Value™ of ₹33.60. GuruFocus considers Ashish Polyplast to be Modestly Undervalued.

Key valuation signals for BOM:530429:

  • Gross Margin %: 14.44% (near median its 10-year median of 14.06)
  • GF Value™: ₹33.60 vs. price of ₹29.25 (12.9% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 38.6% below the Chemicals median (#1116 of 1559)

No single metric tells the full story. See the BOM:530429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashish Polyplast Business Description

Address 501, Fortune Business Hub, Near Satyomev Elysium, Near Science City, Sola, Ahmedabad, GJ, IND, 380060
Ashish Polyplast Ltd is an India-based company principally engaged in the manufacturing of polyvinyl chloride (PVC) pipes. It manufactures and exports braided hoses and flexible PVC hoses. The Company has only one segment, which is PVC Pipes and majorly operates in the domestic market. The company's product portfolio includes Braided hose, Flexible duct hose, Flexible heavy-duty suction and delivery hose, and other related products.
55GF Score

Get the complete analysis for BOM:530429

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

₹29.25
Price
₹33.60
GF Value