Solar Industries India (BOM:532725) Gross Margin %: 50.16% (As of Mar. 2026) — 15% Above Median

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BOM:532725 Solar Industries India Ltd BOM:532725
95 GF Score
Price ₹18,460.65
GF Value ₹17,152.47
Valuation Fairly Valued
! 6 Warning Signs
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What is Solar Industries India Gross Margin %?

Solar Industries India BOM:532725 +0.37% 95 Gross Margin % is 50.16% as of Mar. 2026, which is 15% above its 10-year median of 43.79. GuruFocus rates BOM:532725 with a GF Score™ of 95/100 and a GF Value™ of ₹17,152.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,559 Chemicals companies, Solar Industries India ranks better than 91.08% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Solar Industries India's Gross Profit for the three months ended in Mar. 2026 was ₹15,312 Mil. Solar Industries India's Revenue for the three months ended in Mar. 2026 was ₹30,528 Mil. Therefore, Solar Industries India's Gross Margin % for the quarter that ended in Mar. 2026 was 50.16%.


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

BOM:532725' s Gross Margin % Range Over the Past 10 Years
Min: 35.49   Med: 43.79   Max: 50.75
Current: 50.75


During the past 13 years, the highest Gross Margin % of Solar Industries India was 50.75%. The lowest was 35.49%. And the median was 43.79%.

BOM:532725's Gross Margin % is ranked better than
91.08% of 1559 companies
in the Chemicals industry
Industry Median: 23.52 vs BOM:532725: 50.75

Solar Industries India had a gross margin of 50.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Solar Industries India was 4.30% per year.


Solar Industries India  (BOM:532725) 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

Solar Industries India had a gross margin of 50.16% 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.


Solar Industries India Gross Margin % Related Terms


Solar Industries India Gross Margin % Historical Data

* Premium members only.

The historical data trend for Solar 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.

Solar Industries India Gross Margin % Chart

Solar 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 38.76 35.49 45.33 47.23 50.26

Solar 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 45.63 49.20 52.56 51.29 50.16

BOM:532725 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Solar 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.


Solar Industries India Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Industries India's Gross Margin % distribution charts can be found below:

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


BOM:532725
95GF Score
Solar Industries India Ltd BOM:532725
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solar Industries India Gross Margin % Calculation

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

Solar 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 )
=49440.2 / 98377.4
=(Revenue - Cost of Goods Sold) / Revenue
=(98377.4 - 48937.2) / 98377.4
=50.26 %

Solar 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 )
=15312.1 / 30527.5
=(Revenue - Cost of Goods Sold) / Revenue
=(30527.5 - 15215.4) / 30527.5
=50.16 %

* 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 50.16% mean?
Solar Industries India (BOM:532725) has a Gross Margin % of 50.16% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Solar Industries India and its competitors. This is 15% above median its historical median of 43.79. Over the past decade, Solar Industries India's Gross Margin % has ranged from 35.49 to 50.75. According to the industry distribution chart, Solar Industries India ranks #139 out of 1559 companies in the Chemicals industry, placing it in the top 8.9%.
Is Solar Industries India's Gross Margin % too high?
Solar Industries India's current Gross Margin % of 50.16% is 15% above median its 10-year median of 43.79. Over the past 10 years, this metric has ranged from a low of 35.49 to a high of 50.75. The Chemicals industry median Gross Margin % is 23.52. Solar Industries India's value of 50.16% is 113.3% above this industry median. Based on the distribution chart, Solar Industries India ranks #139 out of 1559 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Solar Industries India has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Solar Industries India ranks #139 out of 1559 companies for Gross Margin %. This places Solar Industries India in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.52. Solar Industries India's value of 50.16% is 113.3% above this benchmark. Historically, Solar Industries India's own Gross Margin % has ranged from 35.49 to 50.75 over the past decade. While the company's 10-year median is 43.79 vs. the industry median of 23.52, Solar 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 a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.52, based on 1,559 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. Solar Industries India's current Gross Margin % of 50.16% is 113.3% 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 Solar Industries India and its competitors. For the Chemicals industry, the median Gross Margin % is 23.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Industries India's current Gross Margin % is 50.16%, which is 15% above median its own 10-year median of 43.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (BOM:532725) is currently considered Fairly Valued. The stock's GF Value™ is ₹17,152.47, compared to a current price of ₹18,460.65 — trading 7.6% above its estimated fair value. The current Gross Margin % is 50.16%, which is 15% above median its 10-year median of 43.79 and 113.3% above the Chemicals industry median of 23.52. Solar Industries India's overall GF Score™ is 95/100 with 6 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 Solar Industries India (BOM:532725), the current Gross Margin % is 50.16% 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 Solar Industries India (BOM:532725) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Industries India stock appears to be overvalued. The current stock price of ₹18,460.65 is trading 7.6% above its estimated GF Value™ of ₹17,152.47. GuruFocus considers Solar Industries India to be Fairly Valued.

Key valuation signals for BOM:532725:

  • Gross Margin %: 50.16% (15% above median its 10-year median of 43.79)
  • GF Value™: ₹17,152.47 vs. price of ₹18,460.65 (7.6% above fair value)
  • GF Score™: 95/100 with 6 warning signs
  • Industry Position: 113.3% above the Chemicals median (#139 of 1559)

No single metric tells the full story. See the BOM:532725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solar Industries India Business Description

Other Exchanges SOLARINDS:India
Address Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
95GF Score

Get the complete analysis for BOM:532725

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

₹18,460.65
Price
₹17,152.47
GF Value