Harish Textile Engineers (BOM:542682) Gross Margin %: 39.76% (As of Mar. 2026) — 31% Above Median

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BOM:542682 Harish Textile Engineers Ltd BOM:542682
76 GF Score
Price ₹70.84
GF Value ₹66.31
Valuation Fairly Valued
! 2 Warning Signs
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What is Harish Textile Engineers Gross Margin %?

Harish Textile Engineers BOM:542682 +1.71% 76 Gross Margin % is 39.76% as of Mar. 2026, which is 31% above its 10-year median of 30.41. GuruFocus rates BOM:542682 with a GF Score™ of 76/100 and a GF Value™ of ₹66.31 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,998 Industrial Products companies, Harish Textile Engineers ranks better than 78.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Harish Textile Engineers's Gross Profit for the three months ended in Mar. 2026 was ₹145 Mil. Harish Textile Engineers's Revenue for the three months ended in Mar. 2026 was ₹364 Mil. Therefore, Harish Textile Engineers's Gross Margin % for the quarter that ended in Mar. 2026 was 39.76%.


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

BOM:542682' s Gross Margin % Range Over the Past 10 Years
Min: 26.36   Med: 30.41   Max: 40.14
Current: 40.14


During the past 10 years, the highest Gross Margin % of Harish Textile Engineers was 40.14%. The lowest was 26.36%. And the median was 30.41%.

BOM:542682's Gross Margin % is ranked better than
78.45% of 2998 companies
in the Industrial Products industry
Industry Median: 26.8 vs BOM:542682: 40.14

Harish Textile Engineers had a gross margin of 39.76% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Harish Textile Engineers was 7.90% per year.


Harish Textile Engineers  (BOM:542682) 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

Harish Textile Engineers had a gross margin of 39.76% 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.


Harish Textile Engineers Gross Margin % Related Terms


Harish Textile Engineers Gross Margin % Historical Data

* Premium members only.

The historical data trend for Harish Textile Engineers'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.

Harish Textile Engineers Gross Margin % Chart

Harish Textile Engineers 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 29.76 30.74 30.41 36.10 40.14

Harish Textile Engineers 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 38.02 37.92 40.20 42.45 39.76

BOM:542682 vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Harish Textile Engineers'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.


Harish Textile Engineers Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harish Textile Engineers's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Harish Textile Engineers's Gross Margin % falls into.


BOM:542682
76GF Score
Harish Textile Engineers Ltd BOM:542682
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harish Textile Engineers Gross Margin % Calculation

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

Harish Textile Engineers'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 )
=555.9 / 1384.917
=(Revenue - Cost of Goods Sold) / Revenue
=(1384.917 - 829.049) / 1384.917
=40.14 %

Harish Textile Engineers'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 )
=144.6 / 363.587
=(Revenue - Cost of Goods Sold) / Revenue
=(363.587 - 219.016) / 363.587
=39.76 %

* 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 39.76% mean?
Harish Textile Engineers (BOM:542682) has a Gross Margin % of 39.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Harish Textile Engineers and its competitors. This is 31% above median its historical median of 30.41. Over the past decade, Harish Textile Engineers' Gross Margin % has ranged from 26.36 to 40.14. According to the industry distribution chart, Harish Textile Engineers ranks #646 out of 2998 companies in the Industrial Products industry, placing it in the top 21.5%.
Is Harish Textile Engineers' Gross Margin % too high?
Harish Textile Engineers' current Gross Margin % of 39.76% is 31% above median its 10-year median of 30.41. Over the past 10 years, this metric has ranged from a low of 26.36 to a high of 40.14. The Industrial Products industry median Gross Margin % is 26.80. Harish Textile Engineers' value of 39.76% is 48.4% above this industry median. Based on the distribution chart, Harish Textile Engineers ranks #646 out of 2998 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Harish Textile Engineers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harish Textile Engineers' Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Harish Textile Engineers ranks #646 out of 2998 companies for Gross Margin %. This places Harish Textile Engineers in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. Harish Textile Engineers' value of 39.76% is 48.4% above this benchmark. Historically, Harish Textile Engineers' own Gross Margin % has ranged from 26.36 to 40.14 over the past decade. While the company's 10-year median is 30.41 vs. the industry median of 26.80, Harish Textile Engineers 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,998 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. Harish Textile Engineers's current Gross Margin % of 39.76% is 48.4% 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 Harish Textile Engineers and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harish Textile Engineers's current Gross Margin % is 39.76%, which is 31% above median its own 10-year median of 30.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harish Textile Engineers stock overvalued right now?
Based on GuruFocus' analysis, Harish Textile Engineers (BOM:542682) is currently considered Fairly Valued. The stock's GF Value™ is ₹66.31, compared to a current price of ₹70.84 — trading 6.8% above its estimated fair value. The current Gross Margin % is 39.76%, which is 31% above median its 10-year median of 30.41 and 48.4% above the Industrial Products industry median of 26.80. Harish Textile Engineers' overall GF Score™ is 76/100 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 Harish Textile Engineers (BOM:542682), the current Gross Margin % is 39.76% 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 Harish Textile Engineers (BOM:542682) Overvalued in 2026?

Based on GuruFocus' analysis, Harish Textile Engineers stock appears to be overvalued. The current stock price of ₹70.84 is trading 6.8% above its estimated GF Value™ of ₹66.31. GuruFocus considers Harish Textile Engineers to be Fairly Valued.

Key valuation signals for BOM:542682:

  • Gross Margin %: 39.76% (31% above median its 10-year median of 30.41)
  • GF Value™: ₹66.31 vs. price of ₹70.84 (6.8% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 48.4% above the Industrial Products median (#646 of 2998)

No single metric tells the full story. See the BOM:542682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harish Textile Engineers Business Description

Address 19, Parsi Panchayat Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400069
Harish Textile Engineers Ltd is engaged in the manufacturing of textile processing and finishing machinery, the production of non-woven fabrics, and the production of polyester staple fiber. Its segments include Textile Engineering, Non-Woven and PSF. It offers products such as Stenter, Rotary Printing, Jigger, Dyeing Padder, Coater, Scouring, Curing, Relax Dryer, fabrics for automotive interiors, shoe liners, and various other products. The company generates key revenue from the Non-Woven segment.
76GF Score

Get the complete analysis for BOM:542682

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

₹70.84
Price
₹66.31
GF Value