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Incon EngineersBOM:531594 -1.97%32 Gross Margin % is 73.66% as of Mar. 2026, which is 3% above its 10-year median of 71.49. GuruFocus rates BOM:531594 with a GF Score™ of 32/100 and a GF Value™ of ₹28.98 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,996 Industrial Products companies, Incon Engineers ranks better than 94.76% on this metric.
The historical rank and industry rank for Incon Engineers's Gross Margin % or its related term are showing as below:
BOM:531594'
s Gross Margin % Range Over the Past 10 Years
Min: 52.48 Med: 71.49 Max: 111.77
Current: 58.72
During the past 13 years, the highestGross Margin % of Incon Engineers was 111.77%. The lowest was 52.48%. And the median was 71.49%.
BOM:531594's Gross Margin % is ranked better than 94.76% of 2996
companies
in the Industrial Products industry
Industry Median: 26.79
vs BOM:531594: 58.72
Incon Engineers had a gross margin of 73.66% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Incon Engineers was 3.30% per year.
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
Incon Engineers had a gross margin of 73.66% 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.
Incon Engineers Gross Margin % Related Terms
Incon Engineers Gross Margin % Historical Data
* Premium members only.
The historical data trend for Incon Engineers'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:531594 vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, Incon Engineers'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.
Incon Engineers Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Incon Engineers's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Incon Engineers'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.
Incon Engineers (BOM:531594) has a Gross Margin % of 73.66% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Incon Engineers and its competitors. This is near median its historical median of 71.49. Over the past decade, Incon Engineers' Gross Margin % has ranged from 52.48 to 111.77. According to the industry distribution chart, Incon Engineers ranks #157 out of 2996 companies in the Industrial Products industry, placing it in the top 5.2%.
Is Incon Engineers' Gross Margin % too high?
Incon Engineers' current Gross Margin % of 73.66% is near median its 10-year median of 71.49. Over the past 10 years, this metric has ranged from a low of 52.48 to a high of 111.77. The Industrial Products industry median Gross Margin % is 26.79. Incon Engineers' value of 73.66% is 175% above this industry median. Based on the distribution chart, Incon Engineers ranks #157 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Incon Engineers has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Incon Engineers' Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Incon Engineers ranks #157 out of 2996 companies for Gross Margin %. This places Incon Engineers in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.79. Incon Engineers' value of 73.66% is 175% above this benchmark. Historically, Incon Engineers' own Gross Margin % has ranged from 52.48 to 111.77 over the past decade. While the company's 10-year median is 71.49 vs. the industry median of 26.79, Incon Engineers 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 26.79, 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. Incon Engineers's current Gross Margin % of 73.66% is 175% 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 Incon Engineers and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Incon Engineers's current Gross Margin % is 73.66%, which is near median its own 10-year median of 71.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incon Engineers stock overvalued right now?
Based on GuruFocus' analysis, Incon Engineers (BOM:531594) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹28.98, compared to a current price of ₹25.33 — trading 12.6% below its estimated fair value. The current Gross Margin % is 73.66%, which is near median its 10-year median of 71.49 and 175% above the Industrial Products industry median of 26.79. Incon Engineers' overall GF Score™ is 32/100 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 Incon Engineers (BOM:531594), the current Gross Margin % is 73.66% 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 Incon Engineers (BOM:531594) Overvalued in 2026?
Based on GuruFocus' analysis, Incon Engineers stock appears to be undervalued.
The current stock price of ₹25.33 is trading 12.6% below its estimated GF Value™ of ₹28.98.
GuruFocus considers Incon Engineers to be Modestly Undervalued.
Key valuation signals for BOM:531594:
Gross Margin %: 73.66% (near median its 10-year median of 71.49)
GF Value™: ₹28.98 vs. price of ₹25.33 (12.6% below fair value)
Industry Position: 175% above the Industrial Products median (#157 of 2996)
No single metric tells the full story. See the BOM:531594 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Incon Engineers Ltd is a company engaged in the business of manufacturing chemical process equipment and agricultural equipment. Its product offering consists of Fluid energy mill, Chemical processing equipment, and others. Geographically, it derives key revenue from India.
32GF Score
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