Surana Solar (BOM:533298) Gross Margin %: 82.32% (As of Dec. 2025) — 224% Above Median

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BOM:533298 Surana Solar Ltd BOM:533298
49 GF Score
Price ₹26.15
GF Value ₹11.13
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Surana Solar Gross Margin %?

Surana Solar BOM:533298 -0.34% 49 Gross Margin % is 82.32% as of Dec. 2025, which is 224% above its 10-year median of 25.39. GuruFocus rates BOM:533298 with a GF Score™ of 49/100 and a GF Value™ of ₹11.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,011 Semiconductors companies, Surana Solar ranks worse than 86.35% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Surana Solar's Gross Profit for the three months ended in Dec. 2025 was ₹21.06 Mil. Surana Solar's Revenue for the three months ended in Dec. 2025 was ₹25.58 Mil. Therefore, Surana Solar's Gross Margin % for the quarter that ended in Dec. 2025 was 82.32%.

Warning Sign:

Surana Solar Ltd gross margin has been in long-term decline. The average rate of decline per year is -13.4%.


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

BOM:533298' s Gross Margin % Range Over the Past 10 Years
Min: 9.26   Med: 25.39   Max: 32.41
Current: 9.26


During the past 13 years, the highest Gross Margin % of Surana Solar was 32.41%. The lowest was 9.26%. And the median was 25.39%.

BOM:533298's Gross Margin % is ranked worse than
86.35% of 1011 companies
in the Semiconductors industry
Industry Median: 29.61 vs BOM:533298: 9.26

Surana Solar had a gross margin of 82.32% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Surana Solar was -13.40% per year.


Surana Solar  (BOM:533298) 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

Surana Solar had a gross margin of 82.32% for the quarter that ended in Dec. 2025 => 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.


Surana Solar Gross Margin % Related Terms


Surana Solar Gross Margin % Historical Data

* Premium members only.

The historical data trend for Surana Solar'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.

Surana Solar Gross Margin % Chart

Surana Solar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.16 26.71 13.44 32.41 10.28

Surana Solar Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 10.88 5.87 -27.50 -30.19 82.32

BOM:533298 vs FSLR, NXT, ENPH: Gross Margin % Comparison

For the Solar subindustry, Surana Solar'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.


Surana Solar Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Surana Solar's Gross Margin % distribution charts can be found below:

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


BOM:533298
49GF Score
Surana Solar Ltd BOM:533298
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surana Solar Gross Margin % Calculation

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

Surana Solar's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=39.9 / 388.003
=(Revenue - Cost of Goods Sold) / Revenue
=(388.003 - 348.108) / 388.003
=10.28 %

Surana Solar's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=21.1 / 25.577
=(Revenue - Cost of Goods Sold) / Revenue
=(25.577 - 4.521) / 25.577
=82.32 %

* 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 82.32% mean?
Surana Solar (BOM:533298) has a Gross Margin % of 82.32% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Surana Solar and its competitors. This is 224% above median its historical median of 25.39. Over the past decade, Surana Solar's Gross Margin % has ranged from 9.26 to 32.41. According to the industry distribution chart, Surana Solar ranks #873 out of 1011 companies in the Semiconductors industry, placing it in the top 86.4%.
Is Surana Solar's Gross Margin % too high?
Surana Solar's current Gross Margin % of 82.32% is 224% above median its 10-year median of 25.39. Over the past 10 years, this metric has ranged from a low of 9.26 to a high of 32.41. The Semiconductors industry median Gross Margin % is 29.61. Surana Solar's value of 82.32% is 178% above this industry median. Based on the distribution chart, Surana Solar ranks #873 out of 1011 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Surana Solar has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surana Solar's Gross Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Surana Solar ranks #873 out of 1011 companies for Gross Margin %. This places Surana Solar in the lower half of its industry. The industry median Gross Margin % is 29.61. Surana Solar's value of 82.32% is 178% above this benchmark. Historically, Surana Solar's own Gross Margin % has ranged from 9.26 to 32.41 over the past decade. While the company's 10-year median is 25.39 vs. the industry median of 29.61, Surana Solar 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,011 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. Surana Solar's current Gross Margin % of 82.32% is 178% 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 Surana Solar and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surana Solar's current Gross Margin % is 82.32%, which is 224% above median its own 10-year median of 25.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surana Solar stock overvalued right now?
Based on GuruFocus' analysis, Surana Solar (BOM:533298) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.13, compared to a current price of ₹26.15 — trading 135% above its estimated fair value. The current Gross Margin % is 82.32%, which is 224% above median its 10-year median of 25.39 and 178% above the Semiconductors industry median of 29.61. Surana Solar's overall GF Score™ is 49/100 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 Surana Solar (BOM:533298), the current Gross Margin % is 82.32% as of Dec. 2025. 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 Surana Solar (BOM:533298) Overvalued in 2026?

Based on GuruFocus' analysis, Surana Solar stock appears to be overvalued. The current stock price of ₹26.15 is trading 135% above its estimated GF Value™ of ₹11.13. GuruFocus considers Surana Solar to be Significantly Overvalued.

Key valuation signals for BOM:533298:

  • Gross Margin %: 82.32% (224% above median its 10-year median of 25.39)
  • GF Value™: ₹11.13 vs. price of ₹26.15 (135% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 178% above the Semiconductors median (#873 of 1011)

No single metric tells the full story. See the BOM:533298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surana Solar Business Description

Other Exchanges SURANASOL:India
Address Phase II, Plot No. 212/3 and 4, IDA Cherlapally, Hyderabad, TG, IND, 500051
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and the trading of other solar-related products. It operates through the following reportable segments: Solar Products, Trading and others, and Renewable Energy (Solar). The majority of the company's revenue is derived from the Solar and Traded products business, which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules and other related products. The Renewable Energy segment represents revenue derived from the generation of solar and wind power.
49GF Score

Get the complete analysis for BOM:533298

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

₹26.15
Price
₹11.13
GF Value