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Northern SpiritsBOM:542628 +3.02%75 Gross Margin % is 10.40% as of Mar. 2026, which is 44% below its 10-year median of 18.67. GuruFocus rates BOM:542628 with a GF Score™ of 75/100 and a GF Value™ of ₹337.11 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 203 Beverages - Alcoholic companies, Northern Spirits ranks worse than 96.06% on this metric.
Northern Spirits Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.5%.
The historical rank and industry rank for Northern Spirits's Gross Margin % or its related term are showing as below:
BOM:542628'
s Gross Margin % Range Over the Past 10 Years
Min: 9.38 Med: 18.67 Max: 38.79
Current: 11.35
During the past 13 years, the highestGross Margin % of Northern Spirits was 38.79%. The lowest was 9.38%. And the median was 18.67%.
BOM:542628's Gross Margin % is ranked worse than 96.06% of 203
companies
in the Beverages - Alcoholic industry
Industry Median: 42.29
vs BOM:542628: 11.35
Northern Spirits had a gross margin of 10.40% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Northern Spirits was -12.50% per year.
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
Northern Spirits had a gross margin of 10.40% 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.
Northern Spirits Gross Margin % Related Terms
Northern Spirits Gross Margin % Historical Data
* Premium members only.
The historical data trend for Northern Spirits'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.
For the Beverages - Wineries & Distilleries subindustry, Northern Spirits'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.
Northern Spirits Gross Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Northern Spirits's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Northern Spirits's Gross Margin % falls into.
* 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.
Northern Spirits (BOM:542628) has a Gross Margin % of 10.40% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Northern Spirits and its competitors. This is 44% below median its historical median of 18.67. Over the past decade, Northern Spirits' Gross Margin % has ranged from 9.38 to 38.79. According to the industry distribution chart, Northern Spirits ranks #195 out of 203 companies in the Beverages - Alcoholic industry, placing it in the top 96.1%.
Is Northern Spirits' Gross Margin % too high?
Northern Spirits' current Gross Margin % of 10.40% is 44% below median its 10-year median of 18.67. Over the past 10 years, this metric has ranged from a low of 9.38 to a high of 38.79. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Northern Spirits' value of 10.40% is 75.4% below this industry median. Based on the distribution chart, Northern Spirits ranks #195 out of 203 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Northern Spirits has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Spirits' Gross Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Northern Spirits ranks #195 out of 203 companies for Gross Margin %. This places Northern Spirits in the lower half of its industry. The industry median Gross Margin % is 42.29. Northern Spirits' value of 10.40% is 75.4% below this benchmark. Historically, Northern Spirits' own Gross Margin % has ranged from 9.38 to 38.79 over the past decade. While the company's 10-year median is 18.67 vs. the industry median of 42.29, Northern Spirits 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 203 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. Northern Spirits's current Gross Margin % of 10.40% is 75.4% 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 Northern Spirits and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Spirits's current Gross Margin % is 10.40%, which is 44% below median its own 10-year median of 18.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Spirits stock overvalued right now?
Based on GuruFocus' analysis, Northern Spirits (BOM:542628) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹337.11, compared to a current price of ₹133.15 — trading 60.5% below its estimated fair value. The current Gross Margin % is 10.40%, which is 44% below median its 10-year median of 18.67 and 75.4% below the Beverages - Alcoholic industry median of 42.29. Northern Spirits' overall GF Score™ is 75/100 with 3 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 Northern Spirits (BOM:542628), the current Gross Margin % is 10.40% 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 Northern Spirits (BOM:542628) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Spirits stock appears to be undervalued.
The current stock price of ₹133.15 is trading 60.5% below its estimated GF Value™ of ₹337.11.
GuruFocus considers Northern Spirits to be Significantly Undervalued.
Key valuation signals for BOM:542628:
Gross Margin %: 10.40% (44% below median its 10-year median of 18.67)
GF Value™: ₹337.11 vs. price of ₹133.15 (60.5% below fair value)
Industry Position: 75.4% below the Beverages - Alcoholic median (#195 of 203)
No single metric tells the full story. See the BOM:542628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Spirits Ltd is involved in the import and distribution of wine and spirits business. The company offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka, and others.
75GF Score
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