Refex Renewables & Infrastructure (BOM:531260) Gross Margin %: 89.61% (As of Mar. 2026) — 11% Above Median

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BOM:531260 Refex Renewables & Infrastructure Ltd BOM:531260
48 GF Score
Price ₹324.30
GF Value ₹407.00
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Refex Renewables & Infrastructure Gross Margin %?

Refex Renewables & Infrastructure BOM:531260 48 Gross Margin % is 89.61% as of Mar. 2026, which is 11% above its 10-year median of 80.97. GuruFocus rates BOM:531260 with a GF Score™ of 48/100 and a GF Value™ of ₹407.00 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,010 Semiconductors companies, Refex Renewables & Infrastructure ranks better than 98.91% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Refex Renewables & Infrastructure's Gross Profit for the three months ended in Mar. 2026 was ₹173.4 Mil. Refex Renewables & Infrastructure's Revenue for the three months ended in Mar. 2026 was ₹193.5 Mil. Therefore, Refex Renewables & Infrastructure's Gross Margin % for the quarter that ended in Mar. 2026 was 89.61%.


The historical rank and industry rank for Refex Renewables & Infrastructure's Gross Margin % or its related term are showing as below:

BOM:531260' s Gross Margin % Range Over the Past 10 Years
Min: 22.99   Med: 80.97   Max: 98.13
Current: 94.16


During the past 13 years, the highest Gross Margin % of Refex Renewables & Infrastructure was 98.13%. The lowest was 22.99%. And the median was 80.97%.

BOM:531260's Gross Margin % is ranked better than
98.91% of 1010 companies
in the Semiconductors industry
Industry Median: 29.78 vs BOM:531260: 94.16

Refex Renewables & Infrastructure had a gross margin of 89.61% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Refex Renewables & Infrastructure was 9.90% per year.


Refex Renewables & Infrastructure  (BOM:531260) 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

Refex Renewables & Infrastructure had a gross margin of 89.61% for the quarter that ended in Mar. 2026 => Durable 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.


Refex Renewables & Infrastructure Gross Margin % Related Terms


Refex Renewables & Infrastructure Gross Margin % Historical Data

* Premium members only.

The historical data trend for Refex Renewables & Infrastructure'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.

Refex Renewables & Infrastructure Gross Margin % Chart

Refex Renewables & Infrastructure 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 80.81 81.12 92.69 98.13 94.16

Refex Renewables & Infrastructure 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 97.91 98.75 94.82 94.29 89.61

BOM:531260 vs NVDA, AVGO, MU: Gross Margin % Comparison

For the Semiconductors subindustry, Refex Renewables & Infrastructure'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.


Refex Renewables & Infrastructure Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Refex Renewables & Infrastructure's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Refex Renewables & Infrastructure's Gross Margin % falls into.


BOM:531260
48GF Score
Refex Renewables & Infrastructure Ltd BOM:531260
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Refex Renewables & Infrastructure Gross Margin % Calculation

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

Refex Renewables & Infrastructure'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 )
=625.9 / 664.7
=(Revenue - Cost of Goods Sold) / Revenue
=(664.7 - 38.8) / 664.7
=94.16 %

Refex Renewables & Infrastructure'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 )
=173.4 / 193.5
=(Revenue - Cost of Goods Sold) / Revenue
=(193.5 - 20.1) / 193.5
=89.61 %

* 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 89.61% mean?
Refex Renewables & Infrastructure (BOM:531260) has a Gross Margin % of 89.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Refex Renewables & Infrastructure and its competitors. This is 11% above median its historical median of 80.97. Over the past decade, Refex Renewables & Infrastructure's Gross Margin % has ranged from 22.99 to 98.13. According to the industry distribution chart, Refex Renewables & Infrastructure ranks #11 out of 1010 companies in the Semiconductors industry, placing it in the top 1.1%.
Is Refex Renewables & Infrastructure's Gross Margin % too high?
Refex Renewables & Infrastructure's current Gross Margin % of 89.61% is 11% above median its 10-year median of 80.97. Over the past 10 years, this metric has ranged from a low of 22.99 to a high of 98.13. The Semiconductors industry median Gross Margin % is 29.78. Refex Renewables & Infrastructure's value of 89.61% is 200.9% above this industry median. Based on the distribution chart, Refex Renewables & Infrastructure ranks #11 out of 1010 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Refex Renewables & Infrastructure has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Refex Renewables & Infrastructure's Gross Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Refex Renewables & Infrastructure ranks #11 out of 1010 companies for Gross Margin %. This places Refex Renewables & Infrastructure in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.78. Refex Renewables & Infrastructure's value of 89.61% is 200.9% above this benchmark. Historically, Refex Renewables & Infrastructure's own Gross Margin % has ranged from 22.99 to 98.13 over the past decade. While the company's 10-year median is 80.97 vs. the industry median of 29.78, Refex Renewables & Infrastructure has consistently been above 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.78, based on 1,010 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. Refex Renewables & Infrastructure's current Gross Margin % of 89.61% is 200.9% above 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 Refex Renewables & Infrastructure and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refex Renewables & Infrastructure's current Gross Margin % is 89.61%, which is 11% above median its own 10-year median of 80.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refex Renewables & Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Refex Renewables & Infrastructure (BOM:531260) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹407.00, compared to a current price of ₹324.30 — trading 20.3% below its estimated fair value. The current Gross Margin % is 89.61%, which is 11% above median its 10-year median of 80.97 and 200.9% above the Semiconductors industry median of 29.78. Refex Renewables & Infrastructure's overall GF Score™ is 48/100 with 6 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 Refex Renewables & Infrastructure (BOM:531260), the current Gross Margin % is 89.61% 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 Refex Renewables & Infrastructure (BOM:531260) Overvalued in 2026?

Based on GuruFocus' analysis, Refex Renewables & Infrastructure stock appears to be undervalued. The current stock price of ₹324.30 is trading 20.3% below its estimated GF Value™ of ₹407.00. GuruFocus considers Refex Renewables & Infrastructure to be Modestly Undervalued.

Key valuation signals for BOM:531260:

  • Gross Margin %: 89.61% (11% above median its 10-year median of 80.97)
  • GF Value™: ₹407.00 vs. price of ₹324.30 (20.3% below fair value)
  • GF Score™: 48/100 with 6 warning signs
  • Industry Position: 200.9% above the Semiconductors median (#11 of 1010)

No single metric tells the full story. See the BOM:531260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Refex Renewables & Infrastructure Business Description

Address 67, Bazullah Road, T Nagar, Refex Building, Parthasarathy Puram, Chennai, TN, IND, 600017
Refex Renewables & Infrastructure Ltd is engaged in the business of rendering engineering, procurement and construction services in respect of ground solar power plants, solar water pumps and home systems. . The company segment includes (i) Engineering, procurement and construction 'EPC-Rural' - Supply, installation, commissioning and maintenance of solar water pumps and home systems. (ii) Engineering, procurement and construction 'EPC-Commercial and Industrial (C&I)' - Supply, installation, commissioning and maintenance of ground solar power plants and Rooftop. The Company has only one geographical segment viz., India.
48GF Score

Get the complete analysis for BOM:531260

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

₹324.30
Price
₹407.00
GF Value