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National FittingsBOM:531289 +4.98%69 Gross Margin % is 50.57% as of Jun. 2026, which is 15% above its 10-year median of 43.92. GuruFocus rates BOM:531289 with a GF Score™ of 69/100 and a GF Value™ of ₹177.47 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,729 Construction companies, National Fittings ranks better than 84.27% on this metric.
National Fittings (BOM:531289) 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
National Fittings had a gross margin of 50.57% for the quarter that ended in Jun. 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.
National Fittings Gross Margin % Related Terms
National Fittings Gross Margin % Historical Data
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The historical data trend for National Fittings'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:531289 vs TT, JCI, CARR: Gross Margin % Comparison
For the Building Products & Equipment subindustry, National Fittings'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.
National Fittings Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, National Fittings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where National Fittings'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.
National Fittings (BOM:531289) has a Gross Margin % of 50.57% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on National Fittings and its competitors. This is 15% above median its historical median of 43.92. Over the past decade, National Fittings' Gross Margin % has ranged from 35.01 to 56.83. According to the industry distribution chart, National Fittings ranks #272 out of 1729 companies in the Construction industry, placing it in the top 15.7%.
Is National Fittings' Gross Margin % too high?
National Fittings' current Gross Margin % of 50.57% is 15% above median its 10-year median of 43.92. Over the past 10 years, this metric has ranged from a low of 35.01 to a high of 56.83. The Construction industry median Gross Margin % is 20.63. National Fittings' value of 50.57% is 145.1% above this industry median. Based on the distribution chart, National Fittings ranks #272 out of 1729 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, National Fittings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Fittings' Gross Margin % compare to TT and JCI?
According to the Construction industry distribution chart, National Fittings ranks #272 out of 1729 companies for Gross Margin %. This places National Fittings in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.63. National Fittings' value of 50.57% is 145.1% above this benchmark. Historically, National Fittings' own Gross Margin % has ranged from 35.01 to 56.83 over the past decade. While the company's 10-year median is 43.92 vs. the industry median of 20.63, National Fittings 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 Construction company?
The median Gross Margin % among Construction companies is 20.63, based on 1,729 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. National Fittings's current Gross Margin % of 50.57% is 145.1% 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 National Fittings and its competitors. For the Construction industry, the median Gross Margin % is 20.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fittings's current Gross Margin % is 50.57%, which is 15% above median its own 10-year median of 43.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fittings stock overvalued right now?
Based on GuruFocus' analysis, National Fittings (BOM:531289) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹177.47, compared to a current price of ₹231.85 — trading 30.6% above its estimated fair value. The current Gross Margin % is 50.57%, which is 15% above median its 10-year median of 43.92 and 145.1% above the Construction industry median of 20.63. National Fittings' overall GF Score™ is 69/100 with 3 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 National Fittings (BOM:531289), the current Gross Margin % is 50.57% as of Jun. 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 National Fittings (BOM:531289) Overvalued in 2026?
Based on GuruFocus' analysis, National Fittings stock appears to be overvalued.
The current stock price of ₹231.85 is trading 30.6% above its estimated GF Value™ of ₹177.47.
GuruFocus considers National Fittings to be Significantly Overvalued.
Key valuation signals for BOM:531289:
Gross Margin %: 50.57% (15% above median its 10-year median of 43.92)
GF Value™: ₹177.47 vs. price of ₹231.85 (30.6% above fair value)
Industry Position: 145.1% above the Construction median (#272 of 1729)
No single metric tells the full story. See the BOM:531289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Fittings Ltd is a manufacturer and sells SG Iron Grooved and Screwed Pipe Fittings, Stainless Pipe Fittings, and Ball Valves for industrial and non-industrial applications. It has only one reportable business segment, which is Manufacturing of Pipe Fittings. Geographically, the company generates a majority of its revenue from exports of its products to other countries and the rest from its customers within India.
69GF Score
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