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FSN E-Commerce VenturesBOM:543384 -0.45%86 Gross Margin % is 45.44% as of Mar. 2026, which is 10% above its 10-year median of 41.14. GuruFocus rates BOM:543384 with a GF Score™ of 86/100 and a GF Value™ of ₹296.16 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,112 Retail - Cyclical companies, FSN E-Commerce Ventures ranks better than 65.92% on this metric.
BOM:543384's Gross Margin % is ranked better than 65.92% of 1112
companies
in the Retail - Cyclical industry
Industry Median: 36.24
vs BOM:543384: 45.06
FSN E-Commerce Ventures had a gross margin of 45.44% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for FSN E-Commerce Ventures was 3.50% 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
FSN E-Commerce Ventures had a gross margin of 45.44% 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.
FSN E-Commerce Ventures Gross Margin % Related Terms
FSN E-Commerce Ventures Gross Margin % Historical Data
* 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.
BOM:543384 vs AMZN, BABA, PDD: Gross Margin % Comparison
For the Internet Retail subindustry, FSN E-Commerce Ventures'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.
FSN E-Commerce Ventures Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, FSN E-Commerce Ventures's Gross Margin % distribution charts can be found below:
* The bar in red indicates where FSN E-Commerce Ventures'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.
FSN E-Commerce Ventures (BOM:543384) has a Gross Margin % of 45.44% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on FSN E-Commerce Ventures and its competitors. This is 10% above median its historical median of 41.14. Over the past decade, FSN E-Commerce Ventures' Gross Margin % has ranged from 36.73 to 45.06. According to the industry distribution chart, FSN E-Commerce Ventures ranks #379 out of 1112 companies in the Retail - Cyclical industry, placing it in the top 34.1%.
Is FSN E-Commerce Ventures' Gross Margin % too high?
FSN E-Commerce Ventures' current Gross Margin % of 45.44% is 10% above median its 10-year median of 41.14. Over the past 10 years, this metric has ranged from a low of 36.73 to a high of 45.06. The Retail - Cyclical industry median Gross Margin % is 36.24. FSN E-Commerce Ventures' value of 45.44% is 25.4% above this industry median. Based on the distribution chart, FSN E-Commerce Ventures ranks #379 out of 1112 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, FSN E-Commerce Ventures has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FSN E-Commerce Ventures' Gross Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, FSN E-Commerce Ventures ranks #379 out of 1112 companies for Gross Margin %. This puts FSN E-Commerce Ventures in the upper half of its industry. The industry median Gross Margin % is 36.24. FSN E-Commerce Ventures' value of 45.44% is 25.4% above this benchmark. Historically, FSN E-Commerce Ventures' own Gross Margin % has ranged from 36.73 to 45.06 over the past decade. While the company's 10-year median is 41.14 vs. the industry median of 36.24, FSN E-Commerce Ventures 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 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. FSN E-Commerce Ventures's current Gross Margin % of 45.44% is 25.4% 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 FSN E-Commerce Ventures 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. FSN E-Commerce Ventures's current Gross Margin % is 45.44%, which is 10% above median its own 10-year median of 41.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSN E-Commerce Ventures stock overvalued right now?
Based on GuruFocus' analysis, FSN E-Commerce Ventures (BOM:543384) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹296.16, compared to a current price of ₹328.50 — trading 10.9% above its estimated fair value. The current Gross Margin % is 45.44%, which is 10% above median its 10-year median of 41.14 and 25.4% above the Retail - Cyclical industry median of 36.24. FSN E-Commerce Ventures' overall GF Score™ is 86/100 with 4 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 FSN E-Commerce Ventures (BOM:543384), the current Gross Margin % is 45.44% 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 FSN E-Commerce Ventures (BOM:543384) Overvalued in 2026?
Based on GuruFocus' analysis, FSN E-Commerce Ventures stock appears to be overvalued.
The current stock price of ₹328.50 is trading 10.9% above its estimated GF Value™ of ₹296.16.
GuruFocus considers FSN E-Commerce Ventures to be Modestly Overvalued.
Key valuation signals for BOM:543384:
Gross Margin %: 45.44% (10% above median its 10-year median of 41.14)
GF Value™: ₹296.16 vs. price of ₹328.50 (10.9% above fair value)
Industry Position: 25.4% above the Retail - Cyclical median (#379 of 1112)
No single metric tells the full story. See the BOM:543384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSN E-Commerce Ventures Ltd is engaged in the business of manufacturing, selling and distributing beauty, wellness, fitness, personal care, health care, skin care, hair care products, fashion garments, fashion accessories and equipments on the online portals or websites such as e-commerce, m-commerce, internet, intranet as well as through physical stores, stalls, general trade and modern trade etc. In addition, it also provides marketing support services. The group operates in the following segments: Beauty, Fashion, and Others. The majority of its revenue is generated from the Beauty segment, which comprises online beauty platform, beauty-owned brands, physical retail stores, eB2B distribution business, and Nykaa Man BPC business. Geographically, the group derives key revenue from India.
86GF Score
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