Siyaram Recycling Industries (BOM:544047) Gross Margin %: 10.21% (As of Mar. 2026) — 37% Above Median

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BOM:544047 Siyaram Recycling Industries Ltd BOM:544047
35 GF Score
Price ₹40.26
! 9 Warning Signs
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What is Siyaram Recycling Industries Gross Margin %?

Siyaram Recycling Industries BOM:544047 -0.45% 35 Gross Margin % is 10.21% as of Mar. 2026, which is 37% above its 10-year median of 7.46. GuruFocus rates BOM:544047 with a GF Score™ of 35/100. The stock has 9 warning signs investors should review. Among 2,996 Industrial Products companies, Siyaram Recycling Industries ranks worse than 91.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Siyaram Recycling Industries's Gross Profit for the six months ended in Mar. 2026 was ₹153 Mil. Siyaram Recycling Industries's Revenue for the six months ended in Mar. 2026 was ₹1,498 Mil. Therefore, Siyaram Recycling Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 10.21%.


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

BOM:544047' s Gross Margin % Range Over the Past 10 Years
Min: 5.49   Med: 7.46   Max: 10.98
Current: 8.95


During the past 6 years, the highest Gross Margin % of Siyaram Recycling Industries was 10.98%. The lowest was 5.49%. And the median was 7.46%.

BOM:544047's Gross Margin % is ranked worse than
91.52% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs BOM:544047: 8.95

Siyaram Recycling Industries had a gross margin of 10.21% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Siyaram Recycling Industries was 7.20% per year.


Siyaram Recycling Industries  (BOM:544047) 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

Siyaram Recycling Industries had a gross margin of 10.21% 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.


Siyaram Recycling Industries Gross Margin % Related Terms


Siyaram Recycling Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Siyaram Recycling 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.

Siyaram Recycling Industries Gross Margin % Chart

Siyaram Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 7.86 5.49 6.85 10.98 8.95

Siyaram Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 4.03 11.42 10.56 8.05 10.21

BOM:544047 vs CRS, ATI, MLI: Gross Margin % Comparison

For the Metal Fabrication subindustry, Siyaram Recycling 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.


Siyaram Recycling Industries Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siyaram Recycling Industries's Gross Margin % distribution charts can be found below:

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


BOM:544047
35GF Score
Siyaram Recycling Industries Ltd BOM:544047
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Siyaram Recycling Industries Gross Margin % Calculation

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

Siyaram Recycling 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 )
=323.6 / 3616.91
=(Revenue - Cost of Goods Sold) / Revenue
=(3616.91 - 3293.287) / 3616.91
=8.95 %

Siyaram Recycling 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 )
=153.1 / 1498.398
=(Revenue - Cost of Goods Sold) / Revenue
=(1498.398 - 1345.346) / 1498.398
=10.21 %

* 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 10.21% mean?
Siyaram Recycling Industries (BOM:544047) has a Gross Margin % of 10.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Siyaram Recycling Industries and its competitors. This is 37% above median its historical median of 7.46. Over the past decade, Siyaram Recycling Industries' Gross Margin % has ranged from 5.49 to 10.98. According to the industry distribution chart, Siyaram Recycling Industries ranks #2742 out of 2996 companies in the Industrial Products industry, placing it in the top 91.5%.
Is Siyaram Recycling Industries' Gross Margin % too high?
Siyaram Recycling Industries' current Gross Margin % of 10.21% is 37% above median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 5.49 to a high of 10.98. The Industrial Products industry median Gross Margin % is 26.80. Siyaram Recycling Industries' value of 10.21% is 61.9% below this industry median. Based on the distribution chart, Siyaram Recycling Industries ranks #2742 out of 2996 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Siyaram Recycling Industries has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Siyaram Recycling Industries' Gross Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Siyaram Recycling Industries ranks #2742 out of 2996 companies for Gross Margin %. This places Siyaram Recycling Industries in the lower half of its industry. The industry median Gross Margin % is 26.80. Siyaram Recycling Industries' value of 10.21% is 61.9% below this benchmark. Historically, Siyaram Recycling Industries' own Gross Margin % has ranged from 5.49 to 10.98 over the past decade. While the company's 10-year median is 7.46 vs. the industry median of 26.80, Siyaram Recycling Industries 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. Siyaram Recycling Industries's current Gross Margin % of 10.21% is 61.9% 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 Siyaram Recycling Industries 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. Siyaram Recycling Industries's current Gross Margin % is 10.21%, which is 37% above median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siyaram Recycling Industries stock overvalued right now?
Siyaram Recycling Industries (BOM:544047) has a current Gross Margin % of 10.21%. The current Gross Margin % is 10.21%, which is 37% above median its 10-year median of 7.46 and 61.9% below the Industrial Products industry median of 26.80. Siyaram Recycling Industries' overall GF Score™ is 35/100 with 9 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 Siyaram Recycling Industries (BOM:544047), the current Gross Margin % is 10.21% 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.

Siyaram Recycling Industries Business Description

Address Plot No. 6 & 7, Village: Lakhabaval Post: Khodiyar Colony, Jamnagar, GJ, IND, 361006
Siyaram Recycling Industries Ltd is primarily engaged in the segregation of brass scrap, manufacturing of brass ingots, billets and brass rods and manufacturing of brass-based components such as plumbing and sanitary parts. The company also manufactures brass ingots, billets and rods through brass scrap and is mainly exported to China. Additionally, it supplies brass ingots to esteemed customers in India such as Astral Limited, Kajaria Bathware and AGI Greenpac. It procures brass scrap mainly from international market such as USA, UK, Europe and Middle East. Post procurement, segregation of brass is done and is mainly sold by in Gujarat.
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