Amkay Products (BOM:544169) Gross Margin %: 32.38% (As of Mar. 2026) — Near 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:544169 Amkay Products Ltd BOM:544169
37 GF Score
Price ₹46.00
! 2 Warning Signs
View Full Analysis

What is Amkay Products Gross Margin %?

Amkay Products BOM:544169 37 Gross Margin % is 32.38% as of Mar. 2026, which is 8% above its 10-year median of 29.94. GuruFocus rates BOM:544169 with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 804 Medical Devices & Instruments companies, Amkay Products ranks worse than 77.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Amkay Products's Gross Profit for the six months ended in Mar. 2026 was ₹61.6 Mil. Amkay Products's Revenue for the six months ended in Mar. 2026 was ₹190.2 Mil. Therefore, Amkay Products's Gross Margin % for the quarter that ended in Mar. 2026 was 32.38%.


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

BOM:544169' s Gross Margin % Range Over the Past 10 Years
Min: 23.24   Med: 29.94   Max: 32.87
Current: 32.87


During the past 6 years, the highest Gross Margin % of Amkay Products was 32.87%. The lowest was 23.24%. And the median was 29.94%.

BOM:544169's Gross Margin % is ranked worse than
77.24% of 804 companies
in the Medical Devices & Instruments industry
Industry Median: 52.26 vs BOM:544169: 32.87

Amkay Products had a gross margin of 32.38% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Amkay Products was 3.50% per year.


Amkay Products  (BOM:544169) 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

Amkay Products had a gross margin of 32.38% 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.


Amkay Products Gross Margin % Related Terms


Amkay Products Gross Margin % Historical Data

* Premium members only.

The historical data trend for Amkay Products'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.

Amkay Products Gross Margin % Chart

Amkay Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 23.24 26.39 28.41 31.64 32.87

Amkay Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 21.83 33.55 29.98 33.26 32.38

BOM:544169 vs ISRG, BDX, MDLN: Gross Margin % Comparison

For the Medical Instruments & Supplies subindustry, Amkay Products'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.


Amkay Products Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Amkay Products's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Amkay Products's Gross Margin % falls into.


BOM:544169
37GF Score
Amkay Products Ltd BOM:544169
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amkay Products Gross Margin % Calculation

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

Amkay Products'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 )
=138.1 / 420.27
=(Revenue - Cost of Goods Sold) / Revenue
=(420.27 - 282.147) / 420.27
=32.87 %

Amkay Products'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 )
=61.6 / 190.156
=(Revenue - Cost of Goods Sold) / Revenue
=(190.156 - 128.574) / 190.156
=32.38 %

* 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 32.38% mean?
Amkay Products (BOM:544169) has a Gross Margin % of 32.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Amkay Products and its competitors. This is near median its historical median of 29.94. Over the past decade, Amkay Products' Gross Margin % has ranged from 23.24 to 32.87. According to the industry distribution chart, Amkay Products ranks #621 out of 804 companies in the Medical Devices & Instruments industry, placing it in the top 77.2%.
Is Amkay Products' Gross Margin % too high?
Amkay Products' current Gross Margin % of 32.38% is near median its 10-year median of 29.94. Over the past 10 years, this metric has ranged from a low of 23.24 to a high of 32.87. The Medical Devices & Instruments industry median Gross Margin % is 52.26. Amkay Products' value of 32.38% is 38% below this industry median. Based on the distribution chart, Amkay Products ranks #621 out of 804 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Amkay Products has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Amkay Products' Gross Margin % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Amkay Products ranks #621 out of 804 companies for Gross Margin %. This places Amkay Products in the lower half of its industry. The industry median Gross Margin % is 52.26. Amkay Products' value of 32.38% is 38% below this benchmark. Historically, Amkay Products' own Gross Margin % has ranged from 23.24 to 32.87 over the past decade. While the company's 10-year median is 29.94 vs. the industry median of 52.26, Amkay Products 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 a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.26, based on 804 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. Amkay Products's current Gross Margin % of 32.38% is 38% 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 Amkay Products and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amkay Products's current Gross Margin % is 32.38%, which is near median its own 10-year median of 29.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amkay Products stock overvalued right now?
Amkay Products (BOM:544169) has a current Gross Margin % of 32.38%. The current Gross Margin % is 32.38%, which is near median its 10-year median of 29.94 and 38% below the Medical Devices & Instruments industry median of 52.26. Amkay Products' overall GF Score™ is 37/100 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 Amkay Products (BOM:544169), the current Gross Margin % is 32.38% 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.

Amkay Products Business Description

Address Waliv Road, Bunglow No. 68, Rashmi Park CHS Ltd, Dhumal Nagar, Taluka Vasai, Vasai (East) Thane, Palghar, MH, IND, 401208
Amkay Products Ltd is a healthcare company. It manufacture, assemble & market a comprehensive portfolio of medical devices, disposables and other Healthcare Products like Face Mask, Alcohol Swabs, Lancet Needles, Nebulizer, Pulse Oximeter, surgeon cap etc. used by healthcare centers, hospitals/clinics, nursing homes etc. Additionally, engaged in branding and marketing of some of the products like Diapers, Plastic Gloves, Suction Machines etc.
37GF Score

Get the complete analysis for BOM:544169

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

₹46.00
Price