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DHP IndiaBOM:531306 -0.58%73 Gross Margin % is 44.58% as of Mar. 2026, which is 6% above its 10-year median of 41.98. GuruFocus rates BOM:531306 with a GF Score™ of 73/100 and a GF Value™ of ₹720.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,996 Industrial Products companies, DHP India ranks better than 85.18% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. DHP India's Gross Profit for the
three
months ended in Mar. 2026 was ₹93.8 Mil. DHP India's Revenue for the
three
months ended in Mar. 2026 was ₹210.4 Mil. Therefore, DHP India's Gross Margin % for the quarter that ended in Mar. 2026 was 44.58%.
The historical rank and industry rank for DHP India's Gross Margin % or its related term are showing as below:
BOM:531306'
s Gross Margin % Range Over the Past 10 Years
Min: 37.9 Med: 41.98 Max: 48.61
Current: 45.35
During the past 13 years, the highestGross Margin % of DHP India was 48.61%. The lowest was 37.90%. And the median was 41.98%.
BOM:531306's Gross Margin % is ranked better than 85.18% of 2996
companies
in the Industrial Products industry
Industry Median: 26.8
vs BOM:531306: 45.35
DHP India had a gross margin of 44.58% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for DHP India was 2.60% per year.
DHP India (BOM:531306) 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
DHP India had a gross margin of 44.58% 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.
DHP India Gross Margin % Related Terms
DHP India Gross Margin % Historical Data
* Premium members only.
The historical data trend for DHP India'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:531306 vs SNA, RBC, LECO: Gross Margin % Comparison
For the Tools & Accessories subindustry, DHP India'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.
DHP India Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, DHP India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where DHP India'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.
DHP India (BOM:531306) has a Gross Margin % of 44.58% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DHP India and its competitors. This is near median its historical median of 41.98. Over the past decade, DHP India's Gross Margin % has ranged from 37.90 to 48.61. According to the industry distribution chart, DHP India ranks #444 out of 2996 companies in the Industrial Products industry, placing it in the top 14.8%.
Is DHP India's Gross Margin % too high?
DHP India's current Gross Margin % of 44.58% is near median its 10-year median of 41.98. Over the past 10 years, this metric has ranged from a low of 37.90 to a high of 48.61. The Industrial Products industry median Gross Margin % is 26.80. DHP India's value of 44.58% is 66.3% above this industry median. Based on the distribution chart, DHP India ranks #444 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, DHP India has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DHP India's Gross Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, DHP India ranks #444 out of 2996 companies for Gross Margin %. This places DHP India in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. DHP India's value of 44.58% is 66.3% above this benchmark. Historically, DHP India's own Gross Margin % has ranged from 37.90 to 48.61 over the past decade. While the company's 10-year median is 41.98 vs. the industry median of 26.80, DHP India 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. DHP India's current Gross Margin % of 44.58% is 66.3% 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 DHP India and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHP India's current Gross Margin % is 44.58%, which is near median its own 10-year median of 41.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHP India stock overvalued right now?
Based on GuruFocus' analysis, DHP India (BOM:531306) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹720.27, compared to a current price of ₹517.10 — trading 28.2% below its estimated fair value. The current Gross Margin % is 44.58%, which is near median its 10-year median of 41.98 and 66.3% above the Industrial Products industry median of 26.80. DHP India's overall GF Score™ is 73/100 with 5 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 DHP India (BOM:531306), the current Gross Margin % is 44.58% 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 DHP India (BOM:531306) Overvalued in 2026?
Based on GuruFocus' analysis, DHP India stock appears to be undervalued.
The current stock price of ₹517.10 is trading 28.2% below its estimated GF Value™ of ₹720.27.
GuruFocus considers DHP India to be Modestly Undervalued.
Key valuation signals for BOM:531306:
Gross Margin %: 44.58% (near median its 10-year median of 41.98)
GF Value™: ₹720.27 vs. price of ₹517.10 (28.2% below fair value)
Industry Position: 66.3% above the Industrial Products median (#444 of 2996)
No single metric tells the full story. See the BOM:531306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHP India Ltd is an India-based company, which is engaged in the manufacturing of engineering goods, such as liquefied petroleum gas (LPG) regulators, accessories, and related brass items. The company's products include Propane Regulators, Butane Regulators, LPG Regulators, Hose Assemblies, and Brass Fittings. It sells its products in the domestic, as well as export markets.
73GF Score
Get the complete analysis for BOM:531306
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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