Nibe (BOM:535136) Gross Margin %: 30.02% (As of Mar. 2026) — 59% Above Median


BOM:535136 Nibe Ltd BOM:535136
79 GF Score
Price ₹1,645.65
GF Value ₹1,380.47
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Nibe Gross Margin %?

Nibe BOM:535136 -0.60% 79 Gross Margin % is 30.02% as of Mar. 2026, which is 59% above its 10-year median of 18.86. GuruFocus rates BOM:535136 with a GF Score™ of 79/100 and a GF Value™ of ₹1,380.47 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 513 Conglomerates companies, Nibe ranks better than 55.56% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nibe's Gross Profit for the three months ended in Mar. 2026 was ₹779 Mil. Nibe's Revenue for the three months ended in Mar. 2026 was ₹2,595 Mil. Therefore, Nibe's Gross Margin % for the quarter that ended in Mar. 2026 was 30.02%.


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

BOM:535136' s Gross Margin % Range Over the Past 10 Years
Min: -6.09   Med: 18.86   Max: 28.27
Current: 28.27


During the past 13 years, the highest Gross Margin % of Nibe was 28.27%. The lowest was -6.09%. And the median was 18.86%.

BOM:535136's Gross Margin % is ranked better than
55.56% of 513 companies
in the Conglomerates industry
Industry Median: 25.96 vs BOM:535136: 28.27

Nibe had a gross margin of 30.02% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nibe was 3.00% per year.


Nibe  (BOM:535136) 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

Nibe had a gross margin of 30.02% 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.


Nibe Gross Margin % Related Terms


Nibe Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nibe'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.

Nibe Gross Margin % Chart

Nibe 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 26.66 23.45 18.78 18.93 28.27

Nibe 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 27.95 21.80 20.81 38.91 30.02

BOM:535136 vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Nibe'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.


Nibe Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nibe's Gross Margin % distribution charts can be found below:

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


BOM:535136
79GF Score
Nibe Ltd BOM:535136
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nibe Gross Margin % Calculation

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

Nibe'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 )
=1341.4 / 4744.476
=(Revenue - Cost of Goods Sold) / Revenue
=(4744.476 - 3403.066) / 4744.476
=28.27 %

Nibe'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 )
=779 / 2595.04
=(Revenue - Cost of Goods Sold) / Revenue
=(2595.04 - 1816.011) / 2595.04
=30.02 %

* 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 30.02% mean?
Nibe (BOM:535136) has a Gross Margin % of 30.02% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nibe and its competitors. This is 59% above median its historical median of 18.86. According to the industry distribution chart, Nibe ranks #228 out of 513 companies in the Conglomerates industry, placing it in the top 44.4%.
Is Nibe's Gross Margin % too high?
Nibe's current Gross Margin % of 30.02% is 59% above median its 10-year median of 18.86. The Conglomerates industry median Gross Margin % is 25.96. Nibe's value of 30.02% is 15.6% above this industry median. Based on the distribution chart, Nibe ranks #228 out of 513 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Nibe has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nibe's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nibe ranks #228 out of 513 companies for Gross Margin %. This puts Nibe in the upper half of its industry. The industry median Gross Margin % is 25.96. Nibe's value of 30.02% is 15.6% above this benchmark. While the company's 10-year median is 18.86 vs. the industry median of 25.96, Nibe 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 513 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. Nibe's current Gross Margin % of 30.02% is 15.6% 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 Nibe and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nibe's current Gross Margin % is 30.02%, which is 59% above median its own 10-year median of 18.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nibe stock overvalued right now?
Based on GuruFocus' analysis, Nibe (BOM:535136) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,380.47, compared to a current price of ₹1,645.65 — trading 19.2% above its estimated fair value. The current Gross Margin % is 30.02%, which is 59% above median its 10-year median of 18.86 and 15.6% above the Conglomerates industry median of 25.96. Nibe's overall GF Score™ is 79/100 with 7 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 Nibe (BOM:535136), the current Gross Margin % is 30.02% 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 Nibe (BOM:535136) Overvalued in 2026?

Based on GuruFocus' analysis, Nibe stock appears to be overvalued. The current stock price of ₹1,645.65 is trading 19.2% above its estimated GF Value™ of ₹1,380.47. GuruFocus considers Nibe to be Modestly Overvalued.

Key valuation signals for BOM:535136:

  • Gross Margin %: 30.02% (59% above median its 10-year median of 18.86)
  • GF Value™: ₹1,380.47 vs. price of ₹1,645.65 (19.2% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 15.6% above the Conglomerates median (#228 of 513)

No single metric tells the full story. See the BOM:535136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nibe Business Description

Other Exchanges NIBE:India
Address Phase III, MIDC Industrial Area, Plot No. E-2/2, Nanekarwadi CT, Chakan, Taluka Khed, Pune, MH, IND, 410501
Nibe Ltd is engaged in the business of fabrication and machining of components used in the defence sector as well as the assembly of components of E-vehicles. The products offered by the company include joystick consoles, ruggedised panel PC, ethernet switches, console panel PC, electronic bikes and rickshaws, and batteries and related components for electric vehicles among others. Geographically, the company derives a majority of its revenue from its business in India and also exports its products to other countries.
79GF Score

Get the complete analysis for BOM:535136

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

₹1,645.65
Price
₹1,380.47
GF Value