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H S IndiaBOM:532145 -0.09%76 Gross Margin % is 52.60% as of Mar. 2026, which is 14% below its 10-year median of 60.86. GuruFocus rates BOM:532145 with a GF Score™ of 76/100 and a GF Value™ of ₹14.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 793 Travel & Leisure companies, H S India ranks better than 61.54% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. H S India's Gross Profit for the
three
months ended in Mar. 2026 was ₹38.2 Mil. H S India's Revenue for the
three
months ended in Mar. 2026 was ₹72.6 Mil. Therefore, H S India's Gross Margin % for the quarter that ended in Mar. 2026 was 52.60%.
Warning Sign:
H S India Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.
The historical rank and industry rank for H S India's Gross Margin % or its related term are showing as below:
BOM:532145'
s Gross Margin % Range Over the Past 10 Years
Min: 50.51 Med: 60.86 Max: 77.43
Current: 51.93
During the past 13 years, the highestGross Margin % of H S India was 77.43%. The lowest was 50.51%. And the median was 60.86%.
BOM:532145's Gross Margin % is ranked better than 61.54% of 793
companies
in the Travel & Leisure industry
Industry Median: 43.52
vs BOM:532145: 51.93
H S India had a gross margin of 52.60% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for H S India was -2.60% per year.
H S India (BOM:532145) 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
H S India had a gross margin of 52.60% 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.
H S India Gross Margin % Related Terms
H S India Gross Margin % Historical Data
* Premium members only.
The historical data trend for H S 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:532145 vs MAR, HLT, H: Gross Margin % Comparison
For the Lodging subindustry, H S 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.
H S India Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, H S India's Gross Margin % distribution charts can be found below:
* The bar in red indicates where H S 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.
H S India (BOM:532145) has a Gross Margin % of 52.60% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on H S India and its competitors. This is 14% below median its historical median of 60.86. Over the past decade, H S India's Gross Margin % has ranged from 50.51 to 77.43. According to the industry distribution chart, H S India ranks #305 out of 793 companies in the Travel & Leisure industry, placing it in the top 38.5%.
Is H S India's Gross Margin % too high?
H S India's current Gross Margin % of 52.60% is 14% below median its 10-year median of 60.86. Over the past 10 years, this metric has ranged from a low of 50.51 to a high of 77.43. The Travel & Leisure industry median Gross Margin % is 43.52. H S India's value of 52.60% is 20.9% above this industry median. Based on the distribution chart, H S India ranks #305 out of 793 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, H S India has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does H S India's Gross Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, H S India ranks #305 out of 793 companies for Gross Margin %. This puts H S India in the upper half of its industry. The industry median Gross Margin % is 43.52. H S India's value of 52.60% is 20.9% above this benchmark. Historically, H S India's own Gross Margin % has ranged from 50.51 to 77.43 over the past decade. While the company's 10-year median is 60.86 vs. the industry median of 43.52, H S 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 a Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.52, based on 793 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. H S India's current Gross Margin % of 52.60% is 20.9% 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 H S India and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H S India's current Gross Margin % is 52.60%, which is 14% below median its own 10-year median of 60.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H S India stock overvalued right now?
Based on GuruFocus' analysis, H S India (BOM:532145) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹14.16, compared to a current price of ₹11.09 — trading 21.7% below its estimated fair value. The current Gross Margin % is 52.60%, which is 14% below median its 10-year median of 60.86 and 20.9% above the Travel & Leisure industry median of 43.52. H S India's overall GF Score™ is 76/100 with 4 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 H S India (BOM:532145), the current Gross Margin % is 52.60% 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 H S India (BOM:532145) Overvalued in 2026?
Based on GuruFocus' analysis, H S India stock appears to be undervalued.
The current stock price of ₹11.09 is trading 21.7% below its estimated GF Value™ of ₹14.16.
GuruFocus considers H S India to be Modestly Undervalued.
Key valuation signals for BOM:532145:
Gross Margin %: 52.60% (14% below median its 10-year median of 60.86)
GF Value™: ₹14.16 vs. price of ₹11.09 (21.7% below fair value)
Industry Position: 20.9% above the Travel & Leisure median (#305 of 793)
No single metric tells the full story. See the BOM:532145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H S India Ltd is an India based company operating in the hotel industry. It owns a three-star hotel in the name of Lords Plaza in Surat. It provides facilities conference room, liquor shop, health club, health spa, and multi-cuisine restaurant facilities. The company is engaged in only one segment of the Hotel Business.
76GF Score
Get the complete analysis for BOM:532145
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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