Zuari Agro Chemicals (BOM:534742) Gross Margin %: 20.09% (As of Mar. 2026) — 38% Below Median

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BOM:534742 Zuari Agro Chemicals Ltd BOM:534742
65 GF Score
Price ₹230.25
GF Value ₹141.46
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zuari Agro Chemicals Gross Margin %?

Zuari Agro Chemicals BOM:534742 -1.07% 65 Gross Margin % is 20.09% as of Mar. 2026, which is 38% below its 10-year median of 32.31. GuruFocus rates BOM:534742 with a GF Score™ of 65/100 and a GF Value™ of ₹141.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 245 Agriculture companies, Zuari Agro Chemicals ranks better than 72.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Zuari Agro Chemicals's Gross Profit for the three months ended in Mar. 2026 was ₹376 Mil. Zuari Agro Chemicals's Revenue for the three months ended in Mar. 2026 was ₹1,873 Mil. Therefore, Zuari Agro Chemicals's Gross Margin % for the quarter that ended in Mar. 2026 was 20.09%.


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

BOM:534742' s Gross Margin % Range Over the Past 10 Years
Min: 25.07   Med: 32.31   Max: 37.65
Current: 32.54


During the past 13 years, the highest Gross Margin % of Zuari Agro Chemicals was 37.65%. The lowest was 25.07%. And the median was 32.31%.

BOM:534742's Gross Margin % is ranked better than
72.24% of 245 companies
in the Agriculture industry
Industry Median: 24.81 vs BOM:534742: 32.54

Zuari Agro Chemicals had a gross margin of 20.09% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Zuari Agro Chemicals was -0.10% per year.


Zuari Agro Chemicals  (BOM:534742) 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

Zuari Agro Chemicals had a gross margin of 20.09% 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.


Zuari Agro Chemicals Gross Margin % Related Terms


Zuari Agro Chemicals Gross Margin % Historical Data

* Premium members only.

The historical data trend for Zuari Agro Chemicals'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.

Zuari Agro Chemicals Gross Margin % Chart

Zuari Agro Chemicals 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 34.00 32.08 34.16 37.65 32.54

Zuari Agro Chemicals 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 36.39 35.03 35.52 17.96 20.09

BOM:534742 vs CTVA, CF, MOS: Gross Margin % Comparison

For the Agricultural Inputs subindustry, Zuari Agro Chemicals'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.


Zuari Agro Chemicals Gross Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Zuari Agro Chemicals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zuari Agro Chemicals's Gross Margin % falls into.


BOM:534742
65GF Score
Zuari Agro Chemicals Ltd BOM:534742
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zuari Agro Chemicals Gross Margin % Calculation

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

Zuari Agro Chemicals'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 )
=10411.4 / 31997.2
=(Revenue - Cost of Goods Sold) / Revenue
=(31997.2 - 21585.8) / 31997.2
=32.54 %

Zuari Agro Chemicals'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 )
=376.4 / 1873.3
=(Revenue - Cost of Goods Sold) / Revenue
=(1873.3 - 1496.9) / 1873.3
=20.09 %

* 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 20.09% mean?
Zuari Agro Chemicals (BOM:534742) has a Gross Margin % of 20.09% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Zuari Agro Chemicals and its competitors. This is 38% below median its historical median of 32.31. Over the past decade, Zuari Agro Chemicals' Gross Margin % has ranged from 25.07 to 37.65. According to the industry distribution chart, Zuari Agro Chemicals ranks #68 out of 245 companies in the Agriculture industry, placing it in the top 27.8%.
Is Zuari Agro Chemicals' Gross Margin % too high?
Zuari Agro Chemicals' current Gross Margin % of 20.09% is 38% below median its 10-year median of 32.31. Over the past 10 years, this metric has ranged from a low of 25.07 to a high of 37.65. The Agriculture industry median Gross Margin % is 24.81. Zuari Agro Chemicals' value of 20.09% is 19% below this industry median. Based on the distribution chart, Zuari Agro Chemicals ranks #68 out of 245 companies in the Agriculture industry, which is above the industry midpoint. Overall, Zuari Agro Chemicals has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zuari Agro Chemicals' Gross Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Zuari Agro Chemicals ranks #68 out of 245 companies for Gross Margin %. This puts Zuari Agro Chemicals in the upper half of its industry. The industry median Gross Margin % is 24.81. Zuari Agro Chemicals' value of 20.09% is 19% below this benchmark. Historically, Zuari Agro Chemicals' own Gross Margin % has ranged from 25.07 to 37.65 over the past decade. While the company's 10-year median is 32.31 vs. the industry median of 24.81, Zuari Agro Chemicals 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 an Agriculture company?
The median Gross Margin % among Agriculture companies is 24.81, based on 245 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. Zuari Agro Chemicals's current Gross Margin % of 20.09% is 19% 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 Zuari Agro Chemicals and its competitors. For the Agriculture industry, the median Gross Margin % is 24.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zuari Agro Chemicals's current Gross Margin % is 20.09%, which is 38% below median its own 10-year median of 32.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zuari Agro Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Zuari Agro Chemicals (BOM:534742) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹141.46, compared to a current price of ₹230.25 — trading 62.8% above its estimated fair value. The current Gross Margin % is 20.09%, which is 38% below median its 10-year median of 32.31 and 19% below the Agriculture industry median of 24.81. Zuari Agro Chemicals' overall GF Score™ is 65/100 with 5 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 Zuari Agro Chemicals (BOM:534742), the current Gross Margin % is 20.09% 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 Zuari Agro Chemicals (BOM:534742) Overvalued in 2026?

Based on GuruFocus' analysis, Zuari Agro Chemicals stock appears to be overvalued. The current stock price of ₹230.25 is trading 62.8% above its estimated GF Value™ of ₹141.46. GuruFocus considers Zuari Agro Chemicals to be Significantly Overvalued.

Key valuation signals for BOM:534742:

  • Gross Margin %: 20.09% (38% below median its 10-year median of 32.31)
  • GF Value™: ₹141.46 vs. price of ₹230.25 (62.8% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 19% below the Agriculture median (#68 of 245)

No single metric tells the full story. See the BOM:534742 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zuari Agro Chemicals Business Description

Other Exchanges ZUARI:India
Address Jai Kisaan Bhawan, Zuarinagar, GA, IND, 403726
Zuari Agro Chemicals Ltd is a manufacturer of organic and inorganic fertilizers. Its products are marketed under the Jai Kisaan brand. The company produces complex fertilizers of various grades, seeds, pesticides, micronutrients, and specialty fertilizers. In addition, it also acts as an importer of fertilizers and farm nutrients. The group operates through one geographical segment, which is India.
65GF Score

Get the complete analysis for BOM:534742

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

₹230.25
Price
₹141.46
GF Value