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Bharti HexacomBOM:544162 +1.25%39 Gross Margin % is 61.67% as of Mar. 2026, which is 14% above its 10-year median of 53.92. GuruFocus rates BOM:544162 with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 339 Telecommunication Services companies, Bharti Hexacom ranks better than 65.78% on this metric.
The historical rank and industry rank for Bharti Hexacom's Gross Margin % or its related term are showing as below:
BOM:544162'
s Gross Margin % Range Over the Past 10 Years
Min: 30.23 Med: 53.92 Max: 60.99
Current: 60.99
During the past 6 years, the highestGross Margin % of Bharti Hexacom was 60.99%. The lowest was 30.23%. And the median was 53.92%.
BOM:544162's Gross Margin % is ranked better than 65.78% of 339
companies
in the Telecommunication Services industry
Industry Median: 51.78
vs BOM:544162: 60.99
Bharti Hexacom had a gross margin of 61.67% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Bharti Hexacom was 14.20% 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
Bharti Hexacom had a gross margin of 61.67% 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.
Bharti Hexacom Gross Margin % Related Terms
Bharti Hexacom Gross Margin % Historical Data
* Premium members only.
The historical data trend for Bharti Hexacom'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.
BOM:544162 vs TMUS, VZ, T: Gross Margin % Comparison
For the Telecom Services subindustry, Bharti Hexacom'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.
Bharti Hexacom Gross Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Bharti Hexacom's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bharti Hexacom'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.
Bharti Hexacom (BOM:544162) has a Gross Margin % of 61.67% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bharti Hexacom and its competitors. This is 14% above median its historical median of 53.92. Over the past decade, Bharti Hexacom's Gross Margin % has ranged from 30.23 to 60.99. According to the industry distribution chart, Bharti Hexacom ranks #116 out of 339 companies in the Telecommunication Services industry, placing it in the top 34.2%.
Is Bharti Hexacom's Gross Margin % too high?
Bharti Hexacom's current Gross Margin % of 61.67% is 14% above median its 10-year median of 53.92. Over the past 10 years, this metric has ranged from a low of 30.23 to a high of 60.99. The Telecommunication Services industry median Gross Margin % is 51.78. Bharti Hexacom's value of 61.67% is 19.1% above this industry median. Based on the distribution chart, Bharti Hexacom ranks #116 out of 339 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Bharti Hexacom has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Bharti Hexacom's Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Bharti Hexacom ranks #116 out of 339 companies for Gross Margin %. This puts Bharti Hexacom in the upper half of its industry. The industry median Gross Margin % is 51.78. Bharti Hexacom's value of 61.67% is 19.1% above this benchmark. Historically, Bharti Hexacom's own Gross Margin % has ranged from 30.23 to 60.99 over the past decade. While the company's 10-year median is 53.92 vs. the industry median of 51.78, Bharti Hexacom 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 Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.78, based on 339 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. Bharti Hexacom's current Gross Margin % of 61.67% is 19.1% 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 Bharti Hexacom and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharti Hexacom's current Gross Margin % is 61.67%, which is 14% above median its own 10-year median of 53.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharti Hexacom stock overvalued right now?
Bharti Hexacom (BOM:544162) has a current Gross Margin % of 61.67%. The current Gross Margin % is 61.67%, which is 14% above median its 10-year median of 53.92 and 19.1% above the Telecommunication Services industry median of 51.78. Bharti Hexacom's overall GF Score™ is 39/100 with 1 warning sign 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 Bharti Hexacom (BOM:544162), the current Gross Margin % is 61.67% 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.
Bharti Hexacom Ltd is a communications solutions provider offering consumer mobile services, fixed-line telephone, and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, It offers services under the brand 'Airtel'. The company has three reportable segments: Mobile Services: which covers voice and data telecom services provided through wireless technology (2G/4G/5G). This also includes intra-city fiber networks. Homes and Office Services: covers voice and data communications through fixed-line network and broadband technology for homes and offices. Unallocated: items include expenses/results, assets and liabilities of corporate headquarters of the company. Key revenue is generated from Mobile Services segment.
39GF Score
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