Bindal Exports (BOM:540148) Gross Margin %: 61.14% (As of Mar. 2026) — 242% Above Median

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BOM:540148 Bindal Exports Ltd BOM:540148
53 GF Score
Price ₹27.80
GF Value ₹20.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bindal Exports Gross Margin %?

Bindal Exports BOM:540148 53 Gross Margin % is 61.14% as of Mar. 2026, which is 242% above its 10-year median of 17.87. GuruFocus rates BOM:540148 with a GF Score™ of 53/100 and a GF Value™ of ₹20.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Bindal Exports ranks better than 86.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bindal Exports's Gross Profit for the six months ended in Mar. 2026 was ₹59.5 Mil. Bindal Exports's Revenue for the six months ended in Mar. 2026 was ₹97.3 Mil. Therefore, Bindal Exports's Gross Margin % for the quarter that ended in Mar. 2026 was 61.14%.


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

BOM:540148' s Gross Margin % Range Over the Past 10 Years
Min: 8.98   Med: 17.87   Max: 59.1
Current: 59.1


During the past 13 years, the highest Gross Margin % of Bindal Exports was 59.10%. The lowest was 8.98%. And the median was 17.87%.

BOM:540148's Gross Margin % is ranked better than
86.76% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.53 vs BOM:540148: 59.10

Bindal Exports had a gross margin of 61.14% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bindal Exports was 18.70% per year.


Bindal Exports  (BOM:540148) 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

Bindal Exports had a gross margin of 61.14% for the quarter that ended in Mar. 2026 => 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.


Bindal Exports Gross Margin % Related Terms


Bindal Exports Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bindal Exports'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.

Bindal Exports Gross Margin % Chart

Bindal Exports 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 17.39 18.34 20.95 48.18 59.10

Bindal Exports Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.86 44.63 52.22 57.53 61.14

Bindal Exports Gross Margin % Competitor Comparison

For the Textile Manufacturing subindustry, Bindal Exports'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.


Bindal Exports Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bindal Exports's Gross Margin % distribution charts can be found below:

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


BOM:540148
53GF Score
Bindal Exports Ltd BOM:540148
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bindal Exports Gross Margin % Calculation

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

Bindal Exports'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 )
=132.8 / 224.707
=(Revenue - Cost of Goods Sold) / Revenue
=(224.707 - 91.916) / 224.707
=59.10 %

Bindal Exports'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 )
=59.5 / 97.27
=(Revenue - Cost of Goods Sold) / Revenue
=(97.27 - 37.799) / 97.27
=61.14 %

* 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 61.14% mean?
Bindal Exports (BOM:540148) has a Gross Margin % of 61.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bindal Exports and its competitors. This is 242% above median its historical median of 17.87. Over the past decade, Bindal Exports' Gross Margin % has ranged from 8.98 to 59.10. According to the industry distribution chart, Bindal Exports ranks #136 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.2%.
Is Bindal Exports' Gross Margin % too high?
Bindal Exports' current Gross Margin % of 61.14% is 242% above median its 10-year median of 17.87. Over the past 10 years, this metric has ranged from a low of 8.98 to a high of 59.10. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.53. Bindal Exports' value of 61.14% is 114.3% above this industry median. Based on the distribution chart, Bindal Exports ranks #136 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bindal Exports has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bindal Exports' Gross Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bindal Exports ranks #136 out of 1027 companies for Gross Margin %. This places Bindal Exports in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.53. Bindal Exports' value of 61.14% is 114.3% above this benchmark. Historically, Bindal Exports' own Gross Margin % has ranged from 8.98 to 59.10 over the past decade. While the company's 10-year median is 17.87 vs. the industry median of 28.53, Bindal Exports 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.53, based on 1,027 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. Bindal Exports's current Gross Margin % of 61.14% is 114.3% 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 Bindal Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bindal Exports's current Gross Margin % is 61.14%, which is 242% above median its own 10-year median of 17.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bindal Exports stock overvalued right now?
Based on GuruFocus' analysis, Bindal Exports (BOM:540148) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.61, compared to a current price of ₹27.80 — trading 34.9% above its estimated fair value. The current Gross Margin % is 61.14%, which is 242% above median its 10-year median of 17.87 and 114.3% above the Manufacturing - Apparel & Accessories industry median of 28.53. Bindal Exports' overall GF Score™ is 53/100 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 Bindal Exports (BOM:540148), the current Gross Margin % is 61.14% 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 Bindal Exports (BOM:540148) Overvalued in 2026?

Based on GuruFocus' analysis, Bindal Exports stock appears to be overvalued. The current stock price of ₹27.80 is trading 34.9% above its estimated GF Value™ of ₹20.61. GuruFocus considers Bindal Exports to be Significantly Overvalued.

Key valuation signals for BOM:540148:

  • Gross Margin %: 61.14% (242% above median its 10-year median of 17.87)
  • GF Value™: ₹20.61 vs. price of ₹27.80 (34.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 114.3% above the Manufacturing - Apparel & Accessories median (#136 of 1027)

No single metric tells the full story. See the BOM:540148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bindal Exports Business Description

Address Surat-Kadodara Road, Block No. 270, Bindal House, Near Kumbharia Bus Stand, Kumbharia, Choryasi, Surat, GJ, IND, 395010
Bindal Exports Ltd is involved in the manufacturing and export of textiles, garments, and made-ups. The company specializes in diverse international styles, varied colors, and specialty finishes, which are tailor-made to customers' requirements. Its fabric portfolio comprises different blends of polyester, rayon, cotton, satin, chiffon, knitted fabric, viscose, etc., which are supplied in domestic and international markets. It derives the majority of its revenue from Fabrics and Fants.
53GF Score

Get the complete analysis for BOM:540148

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

₹27.80
Price
₹20.61
GF Value