Aztec Fluids & Machinery (BOM:544177) Gross Margin %: 46.53% (As of Mar. 2026) — 19% Above Median

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BOM:544177 Aztec Fluids & Machinery Ltd BOM:544177
17 GF Score
Price ₹92.70
! 2 Warning Signs
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What is Aztec Fluids & Machinery Gross Margin %?

Aztec Fluids & Machinery BOM:544177 -2.42% 17 Gross Margin % is 46.53% as of Mar. 2026, which is 19% above its 10-year median of 39.22. GuruFocus rates BOM:544177 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 3,002 Industrial Products companies, Aztec Fluids & Machinery ranks better than 85.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Aztec Fluids & Machinery's Gross Profit for the six months ended in Mar. 2026 was ₹221.5 Mil. Aztec Fluids & Machinery's Revenue for the six months ended in Mar. 2026 was ₹476.1 Mil. Therefore, Aztec Fluids & Machinery's Gross Margin % for the quarter that ended in Mar. 2026 was 46.53%.


The historical rank and industry rank for Aztec Fluids & Machinery's Gross Margin % or its related term are showing as below:

BOM:544177' s Gross Margin % Range Over the Past 10 Years
Min: 32.84   Med: 39.22   Max: 46.31
Current: 45.89


During the past 5 years, the highest Gross Margin % of Aztec Fluids & Machinery was 46.31%. The lowest was 32.84%. And the median was 39.22%.

BOM:544177's Gross Margin % is ranked better than
85.61% of 3002 companies
in the Industrial Products industry
Industry Median: 26.88 vs BOM:544177: 45.89

Aztec Fluids & Machinery had a gross margin of 46.53% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aztec Fluids & Machinery was 0.00% per year.


Aztec Fluids & Machinery  (BOM:544177) 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

Aztec Fluids & Machinery had a gross margin of 46.53% 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.


Aztec Fluids & Machinery Gross Margin % Related Terms


Aztec Fluids & Machinery Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aztec Fluids & Machinery'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.

Aztec Fluids & Machinery Gross Margin % Chart

Aztec Fluids & Machinery Annual Data
Trend Mar21 Mar22 Mar23 Mar25 Mar26
Gross Margin %
39.22 32.84 34.01 46.31 45.89

Aztec Fluids & Machinery Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial 33.99 48.82 43.57 45.26 46.53

BOM:544177 vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Aztec Fluids & Machinery'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.


Aztec Fluids & Machinery Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aztec Fluids & Machinery's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aztec Fluids & Machinery's Gross Margin % falls into.


BOM:544177
17GF Score
Aztec Fluids & Machinery Ltd BOM:544177
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aztec Fluids & Machinery Gross Margin % Calculation

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

Aztec Fluids & Machinery'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 )
=443 / 965.304
=(Revenue - Cost of Goods Sold) / Revenue
=(965.304 - 522.343) / 965.304
=45.89 %

Aztec Fluids & Machinery'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 )
=221.5 / 476.1
=(Revenue - Cost of Goods Sold) / Revenue
=(476.1 - 254.561) / 476.1
=46.53 %

* 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 46.53% mean?
Aztec Fluids & Machinery (BOM:544177) has a Gross Margin % of 46.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Aztec Fluids & Machinery and its competitors. This is 19% above median its historical median of 39.22. Over the past decade, Aztec Fluids & Machinery's Gross Margin % has ranged from 32.84 to 46.31. According to the industry distribution chart, Aztec Fluids & Machinery ranks #432 out of 3002 companies in the Industrial Products industry, placing it in the top 14.4%.
Is Aztec Fluids & Machinery's Gross Margin % too high?
Aztec Fluids & Machinery's current Gross Margin % of 46.53% is 19% above median its 10-year median of 39.22. Over the past 10 years, this metric has ranged from a low of 32.84 to a high of 46.31. The Industrial Products industry median Gross Margin % is 26.88. Aztec Fluids & Machinery's value of 46.53% is 73.1% above this industry median. Based on the distribution chart, Aztec Fluids & Machinery ranks #432 out of 3002 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Aztec Fluids & Machinery has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Aztec Fluids & Machinery's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Aztec Fluids & Machinery ranks #432 out of 3002 companies for Gross Margin %. This places Aztec Fluids & Machinery in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.88. Aztec Fluids & Machinery's value of 46.53% is 73.1% above this benchmark. Historically, Aztec Fluids & Machinery's own Gross Margin % has ranged from 32.84 to 46.31 over the past decade. While the company's 10-year median is 39.22 vs. the industry median of 26.88, Aztec Fluids & Machinery 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.88, based on 3,002 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. Aztec Fluids & Machinery's current Gross Margin % of 46.53% is 73.1% 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 Aztec Fluids & Machinery and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aztec Fluids & Machinery's current Gross Margin % is 46.53%, which is 19% above median its own 10-year median of 39.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztec Fluids & Machinery stock overvalued right now?
Aztec Fluids & Machinery (BOM:544177) has a current Gross Margin % of 46.53%. The current Gross Margin % is 46.53%, which is 19% above median its 10-year median of 39.22 and 73.1% above the Industrial Products industry median of 26.88. Aztec Fluids & Machinery's overall GF Score™ is 17/100 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 Aztec Fluids & Machinery (BOM:544177), the current Gross Margin % is 46.53% 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.

Aztec Fluids & Machinery Business Description

Address Near Krishnabag Four Road, Part H Plinth,4th Floor, Takshashila Square, Maninagar, Ahmedabad, GJ, IND, 380028
Aztec Fluids & Machinery Ltd provides coding and marking solutions to a diverse range of industries such as personal care, food & beverages, pharmaceuticals, construction materials, cables, wires & pipes, metals, automotive & electronics, agrochemicals, chemicals & petrochemicals, etc. The company operates in a single segment which is Manufacturing of Printers, trading of inks used therein and consumables. Its product portfolio includes (i) printers such as continuous inkjet printers (CIJ), Thermal Transfer Over printers (TTO), Drop on demand printers (DOD), NIJ printers (i.e. piezoelectric printers), and laser printers (ii) printer inks and (iii) printer consumable items i.e. makeup and cleaning solvents.
17GF Score

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₹92.70
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