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EbixBOM:531035 -0.76%36 Gross Margin % is 39.05% as of Mar. 2026, which is 42% below its 10-year median of 67.90. GuruFocus rates BOM:531035 with a GF Score™ of 36/100 and a GF Value™ of ₹69.35 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,688 Software companies, Ebix ranks better than 50.26% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Ebix's Gross Profit for the
three
months ended in Mar. 2026 was ₹2,239 Mil. Ebix's Revenue for the
three
months ended in Mar. 2026 was ₹5,732 Mil. Therefore, Ebix's Gross Margin % for the quarter that ended in Mar. 2026 was 39.05%.
The historical rank and industry rank for Ebix's Gross Margin % or its related term are showing as below:
BOM:531035'
s Gross Margin % Range Over the Past 10 Years
Min: 40.67 Med: 67.9 Max: 97.44
Current: 40.67
During the past 13 years, the highestGross Margin % of Ebix was 97.44%. The lowest was 40.67%. And the median was 67.90%.
BOM:531035's Gross Margin % is ranked better than 50.26% of 2688
companies
in the Software industry
Industry Median: 40.48
vs BOM:531035: 40.67
Ebix had a gross margin of 39.05% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Ebix was 0.00% per year.
Ebix (BOM:531035) 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
Ebix had a gross margin of 39.05% 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.
Ebix Gross Margin % Related Terms
Ebix Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ebix'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:531035 vs UBER, SHOP, CRM: Gross Margin % Comparison
For the Software - Application subindustry, Ebix'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.
Ebix Gross Margin % vs Software Industry
For the Software industry and Technology sector, Ebix's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ebix'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.
Ebix (BOM:531035) has a Gross Margin % of 39.05% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ebix and its competitors. This is 42% below median its historical median of 67.90. Over the past decade, Ebix's Gross Margin % has ranged from 40.67 to 97.44. According to the industry distribution chart, Ebix ranks #1337 out of 2688 companies in the Software industry, placing it in the top 49.7%.
Is Ebix's Gross Margin % too high?
Ebix's current Gross Margin % of 39.05% is 42% below median its 10-year median of 67.90. Over the past 10 years, this metric has ranged from a low of 40.67 to a high of 97.44. The Software industry median Gross Margin % is 40.48. Ebix's value of 39.05% is 3.5% below this industry median. Based on the distribution chart, Ebix ranks #1337 out of 2688 companies in the Software industry, which is above the industry midpoint. Overall, Ebix has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ebix's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Ebix ranks #1337 out of 2688 companies for Gross Margin %. This puts Ebix in the upper half of its industry. The industry median Gross Margin % is 40.48. Ebix's value of 39.05% is 3.5% below this benchmark. Historically, Ebix's own Gross Margin % has ranged from 40.67 to 97.44 over the past decade. While the company's 10-year median is 67.90 vs. the industry median of 40.48, Ebix 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 Software company?
The median Gross Margin % among Software companies is 40.48, based on 2,688 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. Ebix's current Gross Margin % of 39.05% is 3.5% 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 Ebix and its competitors. For the Software industry, the median Gross Margin % is 40.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ebix's current Gross Margin % is 39.05%, which is 42% below median its own 10-year median of 67.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ebix stock overvalued right now?
Based on GuruFocus' analysis, Ebix (BOM:531035) is currently considered Possible Value Trap. The stock's GF Value™ is ₹69.35, compared to a current price of ₹22.25 — trading 67.9% below its estimated fair value. The current Gross Margin % is 39.05%, which is 42% below median its 10-year median of 67.90 and 3.5% below the Software industry median of 40.48. Ebix's overall GF Score™ is 36/100 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 Ebix (BOM:531035), the current Gross Margin % is 39.05% 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 Ebix (BOM:531035) Overvalued in 2026?
Based on GuruFocus' analysis, Ebix stock appears to be undervalued.
The current stock price of ₹22.25 is trading 67.9% below its estimated GF Value™ of ₹69.35.
GuruFocus considers Ebix to be Possible Value Trap.
Key valuation signals for BOM:531035:
Gross Margin %: 39.05% (42% below median its 10-year median of 67.90)
GF Value™: ₹69.35 vs. price of ₹22.25 (67.9% below fair value)
Industry Position: 3.5% below the Software median (#1337 of 2688)
No single metric tells the full story. See the BOM:531035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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36GF Score
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