Gorani Industries (BOM:531608) Gross Margin %: 23.47% (As of Mar. 2026) — Near Median

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BOM:531608 Gorani Industries Ltd BOM:531608
62 GF Score
Price ₹45.16
GF Value ₹86.19
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Gorani Industries Gross Margin %?

Gorani Industries BOM:531608 62 Gross Margin % is 23.47% as of Mar. 2026, which is 6% above its 10-year median of 22.10. GuruFocus rates BOM:531608 with a GF Score™ of 62/100 and a GF Value™ of ₹86.19 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Gorani Industries ranks worse than 70.26% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Gorani Industries's Gross Profit for the three months ended in Mar. 2026 was ₹18.3 Mil. Gorani Industries's Revenue for the three months ended in Mar. 2026 was ₹78.1 Mil. Therefore, Gorani Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 23.47%.

Warning Sign:

Gorani Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

BOM:531608' s Gross Margin % Range Over the Past 10 Years
Min: 14.95   Med: 22.1   Max: 29.11
Current: 22.32


During the past 13 years, the highest Gross Margin % of Gorani Industries was 29.11%. The lowest was 14.95%. And the median was 22.10%.

BOM:531608's Gross Margin % is ranked worse than
70.26% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.49 vs BOM:531608: 22.32

Gorani Industries had a gross margin of 23.47% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Gorani Industries was -1.80% per year.


Gorani Industries  (BOM:531608) 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

Gorani Industries had a gross margin of 23.47% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Gorani Industries Gross Margin % Related Terms


Gorani Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Gorani Industries'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.

Gorani Industries Gross Margin % Chart

Gorani Industries 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 24.00 28.29 18.96 22.05 22.32

Gorani Industries 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 43.78 18.50 26.43 22.34 23.47

BOM:531608 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Gorani Industries'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.


Gorani Industries Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gorani Industries's Gross Margin % distribution charts can be found below:

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


BOM:531608
62GF Score
Gorani Industries Ltd BOM:531608
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gorani Industries Gross Margin % Calculation

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

Gorani Industries'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 )
=82.9 / 371.5
=(Revenue - Cost of Goods Sold) / Revenue
=(371.5 - 288.576) / 371.5
=22.32 %

Gorani Industries'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 )
=18.3 / 78.093
=(Revenue - Cost of Goods Sold) / Revenue
=(78.093 - 59.766) / 78.093
=23.47 %

* 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 23.47% mean?
Gorani Industries (BOM:531608) has a Gross Margin % of 23.47% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Gorani Industries and its competitors. This is near median its historical median of 22.10. Over the past decade, Gorani Industries' Gross Margin % has ranged from 14.95 to 29.11. According to the industry distribution chart, Gorani Industries ranks #293 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 70.3%.
Is Gorani Industries' Gross Margin % too high?
Gorani Industries' current Gross Margin % of 23.47% is near median its 10-year median of 22.10. Over the past 10 years, this metric has ranged from a low of 14.95 to a high of 29.11. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.49. Gorani Industries' value of 23.47% is 20.4% below this industry median. Based on the distribution chart, Gorani Industries ranks #293 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Gorani Industries has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gorani Industries' Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Gorani Industries ranks #293 out of 417 companies for Gross Margin %. This places Gorani Industries in the lower half of its industry. The industry median Gross Margin % is 29.49. Gorani Industries' value of 23.47% is 20.4% below this benchmark. Historically, Gorani Industries' own Gross Margin % has ranged from 14.95 to 29.11 over the past decade. While the company's 10-year median is 22.10 vs. the industry median of 29.49, Gorani Industries has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.49, based on 417 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. Gorani Industries's current Gross Margin % of 23.47% is 20.4% below 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 Gorani Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gorani Industries's current Gross Margin % is 23.47%, which is near median its own 10-year median of 22.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gorani Industries stock overvalued right now?
Based on GuruFocus' analysis, Gorani Industries (BOM:531608) is currently considered Possible Value Trap. The stock's GF Value™ is ₹86.19, compared to a current price of ₹45.16 — trading 47.6% below its estimated fair value. The current Gross Margin % is 23.47%, which is near median its 10-year median of 22.10 and 20.4% below the Furnishings, Fixtures & Appliances industry median of 29.49. Gorani Industries' overall GF Score™ is 62/100 with 8 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 Gorani Industries (BOM:531608), the current Gross Margin % is 23.47% 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 Gorani Industries (BOM:531608) Overvalued in 2026?

Based on GuruFocus' analysis, Gorani Industries stock appears to be undervalued. The current stock price of ₹45.16 is trading 47.6% below its estimated GF Value™ of ₹86.19. GuruFocus considers Gorani Industries to be Possible Value Trap.

Key valuation signals for BOM:531608:

  • Gross Margin %: 23.47% (near median its 10-year median of 22.10)
  • GF Value™: ₹86.19 vs. price of ₹45.16 (47.6% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 20.4% below the Furnishings, Fixtures & Appliances median (#293 of 417)

No single metric tells the full story. See the BOM:531608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gorani Industries Business Description

Address Sanwer Road, Industrial Area, Plot No. 32-33, Sector-F, Indore, MP, IND, 452 015
Gorani Industries Ltd specializes in manufacturing kitchen and domestic appliances, including kitchen chimneys, gas hobs, gas stoves, gas geysers, and water heaters. The company has a long-standing presence in the Indian market, beginning with the popular Nutan kerosene wick stove and expanding to modern, energy-efficient products. Based in Indore, it combines innovation, quality, and design to offer a broad range of appliances that prioritize safety and customer satisfaction. Gorani Industries serves customers prominently across Central, North, and South India, and many of its products carry Indian Standards Institute certifications. Revenue comes from domestic sales and exports of kitchen and home appliances.
62GF Score

Get the complete analysis for BOM:531608

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

₹45.16
Price
₹86.19
GF Value