Renaissance Global (BOM:532923) Gross Margin %: 20.28% (As of Mar. 2026) — Near Median

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BOM:532923 Renaissance Global Ltd BOM:532923
54 GF Score
Price ₹120.95
GF Value ₹64.79
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Renaissance Global Gross Margin %?

Renaissance Global BOM:532923 +3.78% 54 Gross Margin % is 20.28% as of Mar. 2026, which is 4% below its 10-year median of 21.16. GuruFocus rates BOM:532923 with a GF Score™ of 54/100 and a GF Value™ of ₹64.79 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,119 Retail - Cyclical companies, Renaissance Global ranks worse than 69.88% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Renaissance Global's Gross Profit for the three months ended in Mar. 2026 was ₹774 Mil. Renaissance Global's Revenue for the three months ended in Mar. 2026 was ₹3,817 Mil. Therefore, Renaissance Global's Gross Margin % for the quarter that ended in Mar. 2026 was 20.28%.


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

BOM:532923' s Gross Margin % Range Over the Past 10 Years
Min: 15.79   Med: 21.16   Max: 29.72
Current: 25.29


During the past 13 years, the highest Gross Margin % of Renaissance Global was 29.72%. The lowest was 15.79%. And the median was 21.16%.

BOM:532923's Gross Margin % is ranked worse than
69.88% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 36.32 vs BOM:532923: 25.29

Renaissance Global had a gross margin of 20.28% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Renaissance Global was 2.00% per year.


Renaissance Global  (BOM:532923) 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

Renaissance Global had a gross margin of 20.28% 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.


Renaissance Global Gross Margin % Related Terms


Renaissance Global Gross Margin % Historical Data

* Premium members only.

The historical data trend for Renaissance Global'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.

Renaissance Global Gross Margin % Chart

Renaissance Global 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 24.71 27.09 29.72 22.24 21.72

Renaissance Global 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 22.38 28.84 29.81 22.74 20.28

BOM:532923 vs TPR: Gross Margin % Comparison

For the Luxury Goods subindustry, Renaissance Global'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.


Renaissance Global Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Renaissance Global's Gross Margin % falls into.


BOM:532923
54GF Score
Renaissance Global Ltd BOM:532923
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Renaissance Global Gross Margin % Calculation

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

Renaissance Global'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 )
=3014 / 13874.583
=(Revenue - Cost of Goods Sold) / Revenue
=(13874.583 - 10860.558) / 13874.583
=21.72 %

Renaissance Global'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 )
=774.2 / 3817.01
=(Revenue - Cost of Goods Sold) / Revenue
=(3817.01 - 3042.785) / 3817.01
=20.28 %

* 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 20.28% mean?
Renaissance Global (BOM:532923) has a Gross Margin % of 20.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Renaissance Global and its competitors. This is near median its historical median of 21.16. Over the past decade, Renaissance Global's Gross Margin % has ranged from 15.79 to 29.72. According to the industry distribution chart, Renaissance Global ranks #782 out of 1119 companies in the Retail - Cyclical industry, placing it in the top 69.9%.
Is Renaissance Global's Gross Margin % too high?
Renaissance Global's current Gross Margin % of 20.28% is near median its 10-year median of 21.16. Over the past 10 years, this metric has ranged from a low of 15.79 to a high of 29.72. The Retail - Cyclical industry median Gross Margin % is 36.32. Renaissance Global's value of 20.28% is 44.2% below this industry median. Based on the distribution chart, Renaissance Global ranks #782 out of 1119 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Renaissance Global has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renaissance Global's Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Renaissance Global ranks #782 out of 1119 companies for Gross Margin %. This places Renaissance Global in the lower half of its industry. The industry median Gross Margin % is 36.32. Renaissance Global's value of 20.28% is 44.2% below this benchmark. Historically, Renaissance Global's own Gross Margin % has ranged from 15.79 to 29.72 over the past decade. While the company's 10-year median is 21.16 vs. the industry median of 36.32, Renaissance Global 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.32, based on 1,119 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. Renaissance Global's current Gross Margin % of 20.28% is 44.2% 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 Renaissance Global and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance Global's current Gross Margin % is 20.28%, which is near median its own 10-year median of 21.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance Global stock overvalued right now?
Based on GuruFocus' analysis, Renaissance Global (BOM:532923) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹64.79, compared to a current price of ₹120.95 — trading 86.7% above its estimated fair value. The current Gross Margin % is 20.28%, which is near median its 10-year median of 21.16 and 44.2% below the Retail - Cyclical industry median of 36.32. Renaissance Global's overall GF Score™ is 54/100 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 Renaissance Global (BOM:532923), the current Gross Margin % is 20.28% 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 Renaissance Global (BOM:532923) Overvalued in 2026?

Based on GuruFocus' analysis, Renaissance Global stock appears to be overvalued. The current stock price of ₹120.95 is trading 86.7% above its estimated GF Value™ of ₹64.79. GuruFocus considers Renaissance Global to be Significantly Overvalued.

Key valuation signals for BOM:532923:

  • Gross Margin %: 20.28% (near median its 10-year median of 21.16)
  • GF Value™: ₹64.79 vs. price of ₹120.95 (86.7% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 44.2% below the Retail - Cyclical median (#782 of 1119)

No single metric tells the full story. See the BOM:532923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renaissance Global Business Description

Other Exchanges RGL:India
Address Plot Number 36A and 37, SEEPZ - SEZ, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 096
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.
54GF Score

Get the complete analysis for BOM:532923

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

₹120.95
Price
₹64.79
GF Value