Eveready Industries India (BOM:531508) Gross Margin %: 43.40% (As of Mar. 2026) — 12% Above Median


BOM:531508 Eveready Industries India Ltd BOM:531508
69 GF Score
Price ₹361.35
GF Value ₹387.75
Valuation Fairly Valued
! 3 Warning Signs
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What is Eveready Industries India Gross Margin %?

Eveready Industries India BOM:531508 +1.90% 69 Gross Margin % is 43.40% as of Mar. 2026, which is 12% above its 10-year median of 38.92. GuruFocus rates BOM:531508 with a GF Score™ of 69/100 and a GF Value™ of ₹387.75 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,992 Industrial Products companies, Eveready Industries India ranks better than 82.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Eveready Industries India's Gross Profit for the three months ended in Mar. 2026 was ₹1,420 Mil. Eveready Industries India's Revenue for the three months ended in Mar. 2026 was ₹3,272 Mil. Therefore, Eveready Industries India's Gross Margin % for the quarter that ended in Mar. 2026 was 43.40%.


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

BOM:531508' s Gross Margin % Range Over the Past 10 Years
Min: 34.56   Med: 38.92   Max: 45.36
Current: 43.37


During the past 13 years, the highest Gross Margin % of Eveready Industries India was 45.36%. The lowest was 34.56%. And the median was 38.92%.

BOM:531508's Gross Margin % is ranked better than
82.59% of 2992 companies
in the Industrial Products industry
Industry Median: 26.82 vs BOM:531508: 43.37

Eveready Industries India had a gross margin of 43.40% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Eveready Industries India was 1.30% per year.


Eveready Industries India  (BOM:531508) 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

Eveready Industries India had a gross margin of 43.40% 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.


Eveready Industries India Gross Margin % Related Terms


Eveready Industries India Gross Margin % Historical Data

* Premium members only.

The historical data trend for Eveready Industries 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.

Eveready Industries India Gross Margin % Chart

Eveready Industries India 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 39.34 37.06 42.38 45.36 43.37

Eveready Industries India 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 45.39 44.79 43.43 41.82 43.40

BOM:531508 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Eveready Industries 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.


Eveready Industries India Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eveready Industries India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Eveready Industries India's Gross Margin % falls into.


BOM:531508
69GF Score
Eveready Industries India Ltd BOM:531508
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eveready Industries India Gross Margin % Calculation

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

Eveready Industries India'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 )
=6311.4 / 14553.9
=(Revenue - Cost of Goods Sold) / Revenue
=(14553.9 - 8242.5) / 14553.9
=43.37 %

Eveready Industries India'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 )
=1420.3 / 3272.3
=(Revenue - Cost of Goods Sold) / Revenue
=(3272.3 - 1852) / 3272.3
=43.40 %

* 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 43.40% mean?
Eveready Industries India (BOM:531508) has a Gross Margin % of 43.40% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Eveready Industries India and its competitors. This is 12% above median its historical median of 38.92. Over the past decade, Eveready Industries India's Gross Margin % has ranged from 34.56 to 45.36. According to the industry distribution chart, Eveready Industries India ranks #521 out of 2992 companies in the Industrial Products industry, placing it in the top 17.4%.
Is Eveready Industries India's Gross Margin % too high?
Eveready Industries India's current Gross Margin % of 43.40% is 12% above median its 10-year median of 38.92. Over the past 10 years, this metric has ranged from a low of 34.56 to a high of 45.36. The Industrial Products industry median Gross Margin % is 26.82. Eveready Industries India's value of 43.40% is 61.8% above this industry median. Based on the distribution chart, Eveready Industries India ranks #521 out of 2992 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Eveready Industries India has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eveready Industries India's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Eveready Industries India ranks #521 out of 2992 companies for Gross Margin %. This places Eveready Industries India in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.82. Eveready Industries India's value of 43.40% is 61.8% above this benchmark. Historically, Eveready Industries India's own Gross Margin % has ranged from 34.56 to 45.36 over the past decade. While the company's 10-year median is 38.92 vs. the industry median of 26.82, Eveready Industries 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 26.82, based on 2,992 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. Eveready Industries India's current Gross Margin % of 43.40% is 61.8% 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 Eveready Industries India and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready Industries India's current Gross Margin % is 43.40%, which is 12% above median its own 10-year median of 38.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready Industries India stock overvalued right now?
Based on GuruFocus' analysis, Eveready Industries India (BOM:531508) is currently considered Fairly Valued. The stock's GF Value™ is ₹387.75, compared to a current price of ₹361.35 — trading 6.8% below its estimated fair value. The current Gross Margin % is 43.40%, which is 12% above median its 10-year median of 38.92 and 61.8% above the Industrial Products industry median of 26.82. Eveready Industries India's 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 Eveready Industries India (BOM:531508), the current Gross Margin % is 43.40% 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 Eveready Industries India (BOM:531508) Overvalued in 2026?

Based on GuruFocus' analysis, Eveready Industries India stock appears to be undervalued. The current stock price of ₹361.35 is trading 6.8% below its estimated GF Value™ of ₹387.75. GuruFocus considers Eveready Industries India to be Fairly Valued.

Key valuation signals for BOM:531508:

  • Gross Margin %: 43.40% (12% above median its 10-year median of 38.92)
  • GF Value™: ₹387.75 vs. price of ₹361.35 (6.8% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 61.8% above the Industrial Products median (#521 of 2992)

No single metric tells the full story. See the BOM:531508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eveready Industries India Business Description

Other Exchanges EVEREADY:India
Address 2 Rainey Park, Kolkata, WB, IND, 700019
Eveready Industries India Ltd is engaged in the business of manufacturing and marketing dry cell batteries, rechargeable batteries, flashlights, and lighting products, which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, radio, and small home appliances, among others. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. Geographically, the company generates maximum revenue from India and also exports its products to other markets.
69GF Score

Get the complete analysis for BOM:531508

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

₹361.35
Price
₹387.75
GF Value