Jai Balaji IndustriesBOM:532976 -3.23%63 Gross Margin % is 28.13% as of Mar. 2026, which is 47% above its 10-year median of 19.14. GuruFocus rates BOM:532976 with a GF Score™ of 63/100 and a GF Value™ of ₹118.68 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 592 Steel companies, Jai Balaji Industries ranks better than 82.6% on this metric.
BOM:532976's Gross Margin % is ranked better than 82.6% of 592
companies
in the Steel industry
Industry Median: 12.55
vs BOM:532976: 28.55
Jai Balaji Industries had a gross margin of 28.13% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Jai Balaji Industries was 13.20% per year.
Jai Balaji Industries (BOM:532976) 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
Jai Balaji Industries had a gross margin of 28.13% 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.
Jai Balaji Industries Gross Margin % Related Terms
Jai Balaji Industries Gross Margin % Historical Data
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The historical data trend for Jai Balaji 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.
BOM:532976 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Jai Balaji 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.
Jai Balaji Industries Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Jai Balaji Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Jai Balaji Industries'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.
Jai Balaji Industries (BOM:532976) has a Gross Margin % of 28.13% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jai Balaji Industries and its competitors. This is 47% above median its historical median of 19.14. Over the past decade, Jai Balaji Industries' Gross Margin % has ranged from 10.31 to 35.98. According to the industry distribution chart, Jai Balaji Industries ranks #103 out of 592 companies in the Steel industry, placing it in the top 17.4%.
Is Jai Balaji Industries' Gross Margin % too high?
Jai Balaji Industries' current Gross Margin % of 28.13% is 47% above median its 10-year median of 19.14. Over the past 10 years, this metric has ranged from a low of 10.31 to a high of 35.98. The Steel industry median Gross Margin % is 12.55. Jai Balaji Industries' value of 28.13% is 124.1% above this industry median. Based on the distribution chart, Jai Balaji Industries ranks #103 out of 592 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Jai Balaji Industries has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jai Balaji Industries' Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Jai Balaji Industries ranks #103 out of 592 companies for Gross Margin %. This places Jai Balaji Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.55. Jai Balaji Industries' value of 28.13% is 124.1% above this benchmark. Historically, Jai Balaji Industries' own Gross Margin % has ranged from 10.31 to 35.98 over the past decade. While the company's 10-year median is 19.14 vs. the industry median of 12.55, Jai Balaji Industries 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 592 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. Jai Balaji Industries's current Gross Margin % of 28.13% is 124.1% 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 Jai Balaji Industries and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jai Balaji Industries's current Gross Margin % is 28.13%, which is 47% above median its own 10-year median of 19.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jai Balaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Jai Balaji Industries (BOM:532976) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹118.68, compared to a current price of ₹66.48 — trading 44% below its estimated fair value. The current Gross Margin % is 28.13%, which is 47% above median its 10-year median of 19.14 and 124.1% above the Steel industry median of 12.55. Jai Balaji Industries' overall GF Score™ is 63/100 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 Jai Balaji Industries (BOM:532976), the current Gross Margin % is 28.13% 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 Jai Balaji Industries (BOM:532976) Overvalued in 2026?
Based on GuruFocus' analysis, Jai Balaji Industries stock appears to be undervalued.
The current stock price of ₹66.48 is trading 44% below its estimated GF Value™ of ₹118.68.
GuruFocus considers Jai Balaji Industries to be Significantly Undervalued.
Key valuation signals for BOM:532976:
Gross Margin %: 28.13% (47% above median its 10-year median of 19.14)
GF Value™: ₹118.68 vs. price of ₹66.48 (44% below fair value)
Industry Position: 124.1% above the Steel median (#103 of 592)
No single metric tells the full story. See the BOM:532976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jai Balaji Industries Ltd is an India-based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.
63GF Score
Get the complete analysis for BOM:532976
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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