Machhar Industries (BOM:543934) Gross Margin %: 80.20% (As of Mar. 2026) — 157% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:543934 Machhar Industries Ltd BOM:543934
76 GF Score
Price ₹317.40
GF Value ₹304.61
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Machhar Industries Gross Margin %?

Machhar Industries BOM:543934 +4.74% 76 Gross Margin % is 80.20% as of Mar. 2026, which is 157% above its 10-year median of 31.23. GuruFocus rates BOM:543934 with a GF Score™ of 76/100 and a GF Value™ of ₹304.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,559 Chemicals companies, Machhar Industries ranks better than 98.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Machhar Industries's Gross Profit for the three months ended in Mar. 2026 was ₹35.5 Mil. Machhar Industries's Revenue for the three months ended in Mar. 2026 was ₹44.3 Mil. Therefore, Machhar Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 80.20%.


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

BOM:543934' s Gross Margin % Range Over the Past 10 Years
Min: 27.06   Med: 31.23   Max: 82.74
Current: 81.36


During the past 8 years, the highest Gross Margin % of Machhar Industries was 82.74%. The lowest was 27.06%. And the median was 31.23%.

BOM:543934's Gross Margin % is ranked better than
98.97% of 1559 companies
in the Chemicals industry
Industry Median: 23.52 vs BOM:543934: 81.36

Machhar Industries had a gross margin of 80.20% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Machhar Industries was 23.20% per year.


Machhar Industries  (BOM:543934) 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

Machhar Industries had a gross margin of 80.20% 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.


Machhar Industries Gross Margin % Related Terms


Machhar Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Machhar Industries'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.

Machhar Industries Gross Margin % Chart

Machhar Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 32.80 27.06 28.92 82.74 81.36

Machhar Industries Quarterly Data
Mar19 Mar20 Mar21 Mar22 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 82.50 77.50 80.59 86.60 80.20

BOM:543934 vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Machhar Industries'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.


Machhar Industries Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Machhar Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Machhar Industries's Gross Margin % falls into.


BOM:543934
76GF Score
Machhar Industries Ltd BOM:543934
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Machhar Industries Gross Margin % Calculation

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

Machhar Industries'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 )
=126.6 / 155.597
=(Revenue - Cost of Goods Sold) / Revenue
=(155.597 - 29.006) / 155.597
=81.36 %

Machhar Industries'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 )
=35.5 / 44.257
=(Revenue - Cost of Goods Sold) / Revenue
=(44.257 - 8.762) / 44.257
=80.20 %

* 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 80.20% mean?
Machhar Industries (BOM:543934) has a Gross Margin % of 80.20% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Machhar Industries and its competitors. This is 157% above median its historical median of 31.23. Over the past decade, Machhar Industries' Gross Margin % has ranged from 27.06 to 82.74. According to the industry distribution chart, Machhar Industries ranks #16 out of 1559 companies in the Chemicals industry, placing it in the top 1%.
Is Machhar Industries' Gross Margin % too high?
Machhar Industries' current Gross Margin % of 80.20% is 157% above median its 10-year median of 31.23. Over the past 10 years, this metric has ranged from a low of 27.06 to a high of 82.74. The Chemicals industry median Gross Margin % is 23.52. Machhar Industries' value of 80.20% is 241% above this industry median. Based on the distribution chart, Machhar Industries ranks #16 out of 1559 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Machhar Industries has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Machhar Industries' Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Machhar Industries ranks #16 out of 1559 companies for Gross Margin %. This places Machhar Industries in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.52. Machhar Industries' value of 80.20% is 241% above this benchmark. Historically, Machhar Industries' own Gross Margin % has ranged from 27.06 to 82.74 over the past decade. While the company's 10-year median is 31.23 vs. the industry median of 23.52, Machhar Industries 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.52, based on 1,559 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. Machhar Industries's current Gross Margin % of 80.20% is 241% 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 Machhar Industries and its competitors. For the Chemicals industry, the median Gross Margin % is 23.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Machhar Industries's current Gross Margin % is 80.20%, which is 157% above median its own 10-year median of 31.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Machhar Industries stock overvalued right now?
Based on GuruFocus' analysis, Machhar Industries (BOM:543934) is currently considered Fairly Valued. The stock's GF Value™ is ₹304.61, compared to a current price of ₹317.40 — trading 4.2% above its estimated fair value. The current Gross Margin % is 80.20%, which is 157% above median its 10-year median of 31.23 and 241% above the Chemicals industry median of 23.52. Machhar Industries' overall GF Score™ is 76/100 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 Machhar Industries (BOM:543934), the current Gross Margin % is 80.20% 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 Machhar Industries (BOM:543934) Overvalued in 2026?

Based on GuruFocus' analysis, Machhar Industries stock appears to be overvalued. The current stock price of ₹317.40 is trading 4.2% above its estimated GF Value™ of ₹304.61. GuruFocus considers Machhar Industries to be Fairly Valued.

Key valuation signals for BOM:543934:

  • Gross Margin %: 80.20% (157% above median its 10-year median of 31.23)
  • GF Value™: ₹304.61 vs. price of ₹317.40 (4.2% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 241% above the Chemicals median (#16 of 1559)

No single metric tells the full story. See the BOM:543934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Machhar Industries Business Description

Address Jalna Road, Mondha Naka, City Pride Building, 1st Floor, FF-107, Above Domino’s, Aurangabad, MH, IND, 431001
Machhar Industries Ltd is engaged in converting Ammonium Nitrate from melt form to solid form, in accordance with the specific terms and requirements of its customers. In addition to this core activity, the company is also engaged in the transportation of Ammonium Nitrate and other chemical products. The company operates with three distinct divisions: the explosive division, the transportation division, and Adblue (DEF). The company generates maximum revenue from the Transportation division. The company is also engaged in the production of Diesel Exhaust Fuel at the factory.
76GF Score

Get the complete analysis for BOM:543934

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

₹317.40
Price
₹304.61
GF Value