Ashapuri Gold Ornament (BOM:542579) Gross Margin %: 10.46% (As of Mar. 2026) — 29% Above Median


BOM:542579 Ashapuri Gold Ornament Ltd BOM:542579
81 GF Score
Price ₹4.00
GF Value ₹12.40
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Ashapuri Gold Ornament Gross Margin %?

Ashapuri Gold Ornament BOM:542579 81 Gross Margin % is 10.46% as of Mar. 2026, which is 29% above its 10-year median of 8.08. GuruFocus rates BOM:542579 with a GF Score™ of 81/100 and a GF Value™ of ₹12.40 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,112 Retail - Cyclical companies, Ashapuri Gold Ornament ranks worse than 83.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ashapuri Gold Ornament's Gross Profit for the three months ended in Mar. 2026 was ₹74 Mil. Ashapuri Gold Ornament's Revenue for the three months ended in Mar. 2026 was ₹706 Mil. Therefore, Ashapuri Gold Ornament's Gross Margin % for the quarter that ended in Mar. 2026 was 10.46%.


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

BOM:542579' s Gross Margin % Range Over the Past 10 Years
Min: 2.84   Med: 8.08   Max: 15.6
Current: 15.6


During the past 11 years, the highest Gross Margin % of Ashapuri Gold Ornament was 15.60%. The lowest was 2.84%. And the median was 8.08%.

BOM:542579's Gross Margin % is ranked worse than
83.63% of 1112 companies
in the Retail - Cyclical industry
Industry Median: 36.24 vs BOM:542579: 15.60

Ashapuri Gold Ornament had a gross margin of 10.46% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ashapuri Gold Ornament was 8.70% per year.


Ashapuri Gold Ornament  (BOM:542579) 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

Ashapuri Gold Ornament had a gross margin of 10.46% for the quarter that ended in Mar. 2026 => No sustainable 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.


Ashapuri Gold Ornament Gross Margin % Related Terms


Ashapuri Gold Ornament Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ashapuri Gold Ornament'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.

Ashapuri Gold Ornament Gross Margin % Chart

Ashapuri Gold Ornament 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 7.75 8.41 11.89 10.12 15.60

Ashapuri Gold Ornament 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 7.70 16.93 20.71 13.07 10.46

BOM:542579 vs TPR: Gross Margin % Comparison

For the Luxury Goods subindustry, Ashapuri Gold Ornament'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.


Ashapuri Gold Ornament Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ashapuri Gold Ornament's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ashapuri Gold Ornament's Gross Margin % falls into.


BOM:542579
81GF Score
Ashapuri Gold Ornament Ltd BOM:542579
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashapuri Gold Ornament Gross Margin % Calculation

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

Ashapuri Gold Ornament'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 )
=494.9 / 3172.085
=(Revenue - Cost of Goods Sold) / Revenue
=(3172.085 - 2677.216) / 3172.085
=15.60 %

Ashapuri Gold Ornament'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 )
=73.9 / 706.067
=(Revenue - Cost of Goods Sold) / Revenue
=(706.067 - 632.209) / 706.067
=10.46 %

* 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 10.46% mean?
Ashapuri Gold Ornament (BOM:542579) has a Gross Margin % of 10.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ashapuri Gold Ornament and its competitors. This is 29% above median its historical median of 8.08. Over the past decade, Ashapuri Gold Ornament's Gross Margin % has ranged from 2.84 to 15.60. According to the industry distribution chart, Ashapuri Gold Ornament ranks #930 out of 1112 companies in the Retail - Cyclical industry, placing it in the top 83.6%.
Is Ashapuri Gold Ornament's Gross Margin % too high?
Ashapuri Gold Ornament's current Gross Margin % of 10.46% is 29% above median its 10-year median of 8.08. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 15.60. The Retail - Cyclical industry median Gross Margin % is 36.24. Ashapuri Gold Ornament's value of 10.46% is 71.1% below this industry median. Based on the distribution chart, Ashapuri Gold Ornament ranks #930 out of 1112 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Ashapuri Gold Ornament has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashapuri Gold Ornament's Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Ashapuri Gold Ornament ranks #930 out of 1112 companies for Gross Margin %. This places Ashapuri Gold Ornament in the lower half of its industry. The industry median Gross Margin % is 36.24. Ashapuri Gold Ornament's value of 10.46% is 71.1% below this benchmark. Historically, Ashapuri Gold Ornament's own Gross Margin % has ranged from 2.84 to 15.60 over the past decade. While the company's 10-year median is 8.08 vs. the industry median of 36.24, Ashapuri Gold Ornament 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 a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.24, based on 1,112 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. Ashapuri Gold Ornament's current Gross Margin % of 10.46% is 71.1% 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 Ashapuri Gold Ornament and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapuri Gold Ornament's current Gross Margin % is 10.46%, which is 29% above median its own 10-year median of 8.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapuri Gold Ornament stock overvalued right now?
Based on GuruFocus' analysis, Ashapuri Gold Ornament (BOM:542579) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹12.40, compared to a current price of ₹4.00 — trading 67.7% below its estimated fair value. The current Gross Margin % is 10.46%, which is 29% above median its 10-year median of 8.08 and 71.1% below the Retail - Cyclical industry median of 36.24. Ashapuri Gold Ornament's overall GF Score™ is 81/100 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 Ashapuri Gold Ornament (BOM:542579), the current Gross Margin % is 10.46% 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 Ashapuri Gold Ornament (BOM:542579) Overvalued in 2026?

Based on GuruFocus' analysis, Ashapuri Gold Ornament stock appears to be undervalued. The current stock price of ₹4.00 is trading 67.7% below its estimated GF Value™ of ₹12.40. GuruFocus considers Ashapuri Gold Ornament to be Significantly Undervalued.

Key valuation signals for BOM:542579:

  • Gross Margin %: 10.46% (29% above median its 10-year median of 8.08)
  • GF Value™: ₹12.40 vs. price of ₹4.00 (67.7% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 71.1% below the Retail - Cyclical median (#930 of 1112)

No single metric tells the full story. See the BOM:542579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashapuri Gold Ornament Business Description

Address C.G. Road, 109 to 112A, 1st Floor Supermall, Near Lal Bunglow, Ahmedabad, GJ, IND, 380009
Ashapuri Gold Ornament Ltd is a manufacturer and wholesaler of gold jewellery. It offers a wide range of jewellery products in 22-carat gold ornaments such as Choker Set, Toda Set, Long Set, Pota Jewellery, Saloya and Bracelet. In addition, it also offers Temple Collection, Moti Set, Bikaneri Meena and Rani Haar.
81GF Score

Get the complete analysis for BOM:542579

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

₹4.00
Price
₹12.40
GF Value