Shiva Cement (BOM:532323) Gross Margin %: 40.94% (As of Jun. 2026) — 138% Above Median

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BOM:532323 Shiva Cement Ltd BOM:532323
16 GF Score
Price ₹16.58
! 2 Warning Signs
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What is Shiva Cement Gross Margin %?

Shiva Cement BOM:532323 +0.06% 16 Gross Margin % is 40.94% as of Jun. 2026, which is 138% above its 10-year median of 17.20. GuruFocus rates BOM:532323 with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 400 Building Materials companies, Shiva Cement ranks better than 76.5% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Shiva Cement's Gross Profit for the three months ended in Jun. 2026 was ₹620 Mil. Shiva Cement's Revenue for the three months ended in Jun. 2026 was ₹1,515 Mil. Therefore, Shiva Cement's Gross Margin % for the quarter that ended in Jun. 2026 was 40.94%.


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

BOM:532323' s Gross Margin % Range Over the Past 10 Years
Min: -30.13   Med: 17.2   Max: 38.46
Current: 38.46


During the past 13 years, the highest Gross Margin % of Shiva Cement was 38.46%. The lowest was -30.13%. And the median was 17.20%.

BOM:532323's Gross Margin % is ranked better than
76.5% of 400 companies
in the Building Materials industry
Industry Median: 26.055 vs BOM:532323: 38.46

Shiva Cement had a gross margin of 40.94% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Shiva Cement was 0.00% per year.


Shiva Cement  (BOM:532323) 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

Shiva Cement had a gross margin of 40.94% for the quarter that ended in Jun. 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.


Shiva Cement Gross Margin % Related Terms


Shiva Cement Gross Margin % Historical Data

* Premium members only.

The historical data trend for Shiva Cement'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.

Shiva Cement Gross Margin % Chart

Shiva Cement 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 -30.13 0.00 37.57 28.76 26.49

Shiva Cement Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 23.52 39.88 28.98 44.24 40.94

BOM:532323 vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Shiva Cement'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.


Shiva Cement Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shiva Cement's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shiva Cement's Gross Margin % falls into.


BOM:532323
16GF Score
Shiva Cement Ltd BOM:532323
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiva Cement Gross Margin % Calculation

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

Shiva Cement'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 )
=1150.7 / 4344.278
=(Revenue - Cost of Goods Sold) / Revenue
=(4344.278 - 3193.569) / 4344.278
=26.49 %

Shiva Cement's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=620.3 / 1514.942
=(Revenue - Cost of Goods Sold) / Revenue
=(1514.942 - 894.674) / 1514.942
=40.94 %

* 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 40.94% mean?
Shiva Cement (BOM:532323) has a Gross Margin % of 40.94% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shiva Cement and its competitors. This is 138% above median its historical median of 17.20. According to the industry distribution chart, Shiva Cement ranks #94 out of 400 companies in the Building Materials industry, placing it in the top 23.5%.
Is Shiva Cement's Gross Margin % too high?
Shiva Cement's current Gross Margin % of 40.94% is 138% above median its 10-year median of 17.20. The Building Materials industry median Gross Margin % is 26.06. Shiva Cement's value of 40.94% is 57.1% above this industry median. Based on the distribution chart, Shiva Cement ranks #94 out of 400 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Shiva Cement has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shiva Cement's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Shiva Cement ranks #94 out of 400 companies for Gross Margin %. This places Shiva Cement in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.06. Shiva Cement's value of 40.94% is 57.1% above this benchmark. While the company's 10-year median is 17.20 vs. the industry median of 26.06, Shiva Cement 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.06, based on 400 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. Shiva Cement's current Gross Margin % of 40.94% is 57.1% 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 Shiva Cement and its competitors. For the Building Materials industry, the median Gross Margin % is 26.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiva Cement's current Gross Margin % is 40.94%, which is 138% above median its own 10-year median of 17.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiva Cement stock overvalued right now?
Shiva Cement (BOM:532323) has a current Gross Margin % of 40.94%. The current Gross Margin % is 40.94%, which is 138% above median its 10-year median of 17.20 and 57.1% above the Building Materials industry median of 26.06. Shiva Cement's overall GF Score™ is 16/100 with 2 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 Shiva Cement (BOM:532323), the current Gross Margin % is 40.94% as of Jun. 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.

Shiva Cement Business Description

Other Exchanges SHIVACEM:India
Address Village Telighana, PO: Birangatoli, Tehsil-Kutra, District-Sundargarh, Sundargarh, OR, IND, 770018
Shiva Cement Ltd is an India-based company engaged in the manufacturing and selling of cement and its allied products. The company caters to domestic markets. The company's products include Portland Slag Cement (PSC) and Portland pozzolana cement for general construction purposes, Clinker, and Limestone Chips.
16GF Score

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